Ripples XRP is having a disastrous start to 2019. In a year when bitcoin is storming back towards bull territory, XRP has crashed 16 percent. The third-largest cryptocurrency is now the worst-performing digital asset in the top ten.
Ripples woes worsened in yesterdays trading session as XRPs value dropped 7 percent, plunging below the key $0.30 mark. XRP is consistently underperforming bitcoin and the broader cryptocurrency market.
We know that the ripple coin is adjustable. Therefore, the current price reduction of this coin may be deliberate. Now it is very convenient before a general increase in the cryptocurrency market to artificially lower the ripple price in order to force some of its holders to reset it. Therefore, I believe that nothing bad will happen to this coin. The banking system is the key to the successful development of this coin.