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?
There is no right sign for what will happen to XRP, but as long as the team is not solving the problem, it will be difficult for XRP to increase and reach the market's previous position. The price itself still up and down, but the price can go down to the lowest price, especially if many investors sell instant of the XRP. I do not think XRP can increase in a short time because it will not be easy to convince the investors to come back to the project and reinvest. If there is nothing the team can do, XRP will be down for more.