Last year, Ripple (XRP)
price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.
What do you think will happen to XRP price for this year? will it recover or will it dump more?
Looks like xrp has stabilized in this price bracket so personally i think that in future the price of xrp can grow but still there is risk due to SEC so only buy and hold if you can hold for longterm.
Yes it will , I honestly i sm amaze how they can maintain in that price even though there still no good news in related to sec case, I heard many countries already make partnership with ripple I don't understand why US don't want to be one of the ripples partners in terms of fast payment . even Japan see ripple is not a security and other countries also see it the same. Once they paid for the fine it will recover back to the price where it is before this news came.