XRP Falls Below $3: Will the Downturn Continue?
Ripple’s native token XRP fell below the $3 mark on Wednesday, shedding 2.5% of its value. The leading altcoin remains rangebound in the charts, offering little to no price spurts this month. The Ripple’s token went north in the last three months, generating stellar returns to traders. The ongoing dip in price comes after the broader markets experienced volatility due to trade wars and tariffs. Source: CoinGecko After Trump slapped India and Brazil with 25% and 50% tariffs, respectively, the markets remain in muddy waters. Dow Jones is down nearly 600 points since then, while the Nasdaq Composite dipped by 225 points. In addition, the S&P 500 index has shed nearly 85 points, and the downturn persists. All of these pushed XRP below the $3 mark and even the cryptocurrency market is trading in the back foot. Also Read: Ripple’s (XRP) 3 & 6 Month Frame Predicts Epic Rally: Details Will XRP Reclaim the $3 Price Range? Source: coinpedia.org The chances of a continued downturn...