Ripple's XRP Price Will Fall to $1?
Ripple’s XRP price was above the $3 level but slid in the charts in October. After the recent market crash, when Trump imposed 100% tariffs on China, the leading altcoin plummeted to the $2.3 range. It rebounded on Wednesday, hitting $2.50 and surged 2% in the day’s trade. The dip in Ripple’s XRP price indicates that the altcoin could experience more downturn. The dangers come after its 24-hour trading volume declined by over 40% this week. The daily trading volume stood at $10 billion last week but is now at $6 billion. The development indices reduced trading activity that could affect Ripple’s XRP price moving forward. In this article, we will highlight three reasons that could push the altcoin to the $1 level. Also Read: Russia Likely to Pick XRP for Cross-Border Payments, Ripple Expands in Africa Why Ripple’s XRP Price Could Fall To $1? 1. SEC Regulatory Rejection Source: Fox Business If the US Securities and Exchange Commission (SEC) rejects the XRP E...