Down 46% From Its All-Time High, Is Now a Good Time to Buy the Dip in XRP (Ripple)? Here Is What History Suggests Could Happen Next.
XRP's price is retracing from recent highs back in January.
During the past several years, cryptocurrency has become a leading alternative investment thanks to the rising popularity of Bitcoin. Bitcoin's influence within the crypto realm has propelled a number of other protocols, such as Ethereum, Solana, and Cardano, into the spotlight as well.
Beyond these mainstream cryptocurrencies, however, lie more subtle opportunities. During the past few months, the price of XRP (CRYPTO: XRP) might suggest that investors have found their latest intrigue in the crypto market.
After hitting an all-time high back in January, XRP recently started to retreat. Now, with its price about 46% off its all-time high, could investors be looking at an opportunity to buy the dip in XRP?