- XRP, the cryptocurrency with regulatory clearance in the United States, has been on a downward spiral, struggling to stay above the $0.50 mark.
- Despite the bearish trend, a majority of the crypto community remains hopeful that XRP will catch the next bull run.
- Experts, like Dark Defender, predict that XRP could hit $1.88 by the end of the year.
As XRP continues its downward trend, the crypto community remains hopeful for a bull run. Experts predict a potential uptick, but the current market mood suggests otherwise.
XRP’s Downward Spiral
XRP has been on a steady decline over the past 30 days, struggling to stay above the $0.50 mark. The cryptocurrency, which is the only one with regulatory clearance in the United States, has seen a 5.4% decline over the week. If the bearish trend continues, XRP could hit the $0.45 mark soon, and possibly even drop to $0.4.
Hope for a Bull Run
Despite the downward trend, a majority of the crypto community remains hopeful that XRP will catch the next bull run. A poll involving nearly 4,000 participants revealed that 60.5% are optimistic about XRP’s prospects. However, 39.5% of the respondents harbor concerns, thinking that XRP might not make it.
Expert Predictions
Despite the general pessimism, some experts remain bullish on XRP. Dark Defender, for instance, strongly believes the token will hit $1.88 before the year is over.
Conclusion
As XRP continues to spiral downwards, the crypto community remains divided. While some remain hopeful for a bull run, others are skeptical. Despite the bearish trend, experts like Dark Defender predict a potential uptick, suggesting that XRP could hit $1.88 by the end of the year. However, the current market mood suggests otherwise. Only time will tell what’s next for XRP.
