TL;DR
Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity.
Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon.
‘XRP Dips For Buying, Not For Crying’
The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion. CryptoPotato reported that the adverse trend resulted in multi-million liquidations, mainly affecting long traders.
Ripple’s XRP is among the notable losers in the past week, nosediving by 20% to around $0.48 (per CoinGecko’s data).
Source: CoinGecko
However, some analysts remain unfazed, viewing this as a buy-the-dip opportunity. One example is the X user EGRAG CRYPTO, who claimed that “XRP dips for buying, not for crying.”
Several hours before the market decline took place, the analyst argued that Ripple’s na
We współpracy z: https://cryptopotato.com/ripple-price-predictions-amid-the-crash-wheres-xrp-headed/