it seems that the ripple case had quite an effect on the xrp price and some exchanges closed their xrp trade, So I think XRP is struggling enough to climb higher, but then again we don't know what will happen someday.
now it is necessary to have confidence for investors to keep their funds there because XRP management seems to often do things that are detrimental, because if this goes on, it can be ascertained that a negative impression will be embedded in XRP and will bear risks.
It was giving a very big impact on the price of ripple but in another case, there are so many ripple investors were jumping to the XLM as an alternative solution to be used as a replacement for ripple.
more exchange sites will be closing their service for ripple soon. The blockchain.com already suspended its service too.
People are feeling stressed to see that happens. That's why they were replacing their ripple with XLM.
I agree with what you say because things like this keep happening and make people do not believe, but I am also surprised that there are still many who believe in XRP.
There have been many who have sanctioned XRP and if there is no hard work from management to immediately restore it, things will certainly be detrimental.