Why is the price of this coin constantly going down. I've been monitoring it for weeks hoping to invest, but the dump scares the hell out of me.
Because the price of Ripple has pumped to the moon in past time, when the market have mega bullish trend. If you are trader in March until today, you also know Ripple grow from @400 sat to @24,000 sat in May, so that is reason make the price of Ripple falldown and comeback to real value.
- And now the ripple is showing signs of rising again with a lot of good news, especially China, they are planning and are very concerned about ripple, I do not know the information is accurate or not, but I hope this is true
- If this is true, the support of the miners will help the price of the ripple go to the moon. In October the ripple also has a big event, maybe this is the rebirth of the ripple, but all is just predictions, we need to wait for more accurate information