This coin is more invested by institutions and I don't see this coin dump more often.
It's one of the most stable coins in the market as there are only few investors of XRP that could panic easily.
Usually when we speak of institutional money, they are in for a longer team, and they have plans and will not not panic.
I agree with your views. The XRP institutional and huge investors are in it for the long term not the short term. Without a doubt this has been one of the most stable coins for years.
Sometimes I checking my telegram channels and reading just article headlines. Looks like XRP doing a great job with companies from the real world with real usage.
We might be surprise that it will pump again, this is not a hype coin, their market is full of support, they do deliver that's why people trust them.
The success of XRP is outstanding, we may see a dropped but we can also expect it will bounce back, the market is looking good, it will find a good timing.
I'm ready for $1 or more again. (which i think I will see this year)