XRP (XRP 4.50%) is doubtlessly in a brutal rough stretch, with its price down by 30% in the last three months alone. Of course, it isn’t alone, with much of the rest of the crypto sector hurting quite badly as well.
So, is this a sign that the big crypto experiment is over for everyone, including Ripple (XRP’s issuer)? Or is this just a case of a strong coin getting dragged down by poor sentiment that it didn’t contribute anything material to in the first place?
Image source: Getty Images.
Don’t overdiagnose this drawdown
Let’s get some clarity on a few key points before continuing.
First, there hasn’t been any big negative news reported about XRP over the last few…
