After Crypto Flash Crash, Is XRP A Buy?
The October 10th crypto flash crash, which wiped out nearly $20 billion in leveraged positions, shocked investors across the crypto market. XRP (CRYPTO: XRP) was hit hard with a 60% downturn, which affected its momentum and disrupted short-term trends.
However, the XRP price has entered a recovery phase, fueled by Ripple’s ongoing institutional expansion. With sentiment slowly recovering, investors are weighing in on one crucial question: Is XRP still worth buying post crash? Let’s find out.
Before the crypto flash crash, the XRP price hovered around $2.45 and $2.80, showing a slight bullish trend that reflected its community confidence. XRP had been…
