XRP (Ripple) Is Down 34%. Should You Buy the Dip?
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XRP gained 255% from November 2024 to January 2025, outpacing Bitcoin, Ethereum, and Dogecoin during the post-election crypto rally.
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Economic uncertainty and concerns about international payment volumes create headwinds for XRP’s cross-border payment focus.
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A dollar-cost averaging approach, such as buying in thirds, could help you build long-term exposure while mitigating XRP’s short-term volatility.
The XRP (CRYPTO: XRP) cryptocurrency reached a multiyear record price of $3.31 per coin in January 2025. By May 30, the coin had retreated 34% to $2.18 per coin.
So XRP investors face a dilemma: Is the cryptocurrency a no-brainer buy at these lower prices, or will the price drop…
