XRP price drops 13% since Flare Network airdrop — But the bottom may be close

[newshunter]

XRP price drops 13% since Flare Network airdrop — But the bottom may be close

XRP price fails to sustain momentum and slides below $0.50 despite BTC recovering above $19,000.

Source: XRP price drops 13% since Flare Network airdrop — But the bottom may be close

Would appreciate your opinion about this

[Gravatai]

Yes, there is a slight drawdown in price, but the general background due to the airdrop has attracted many new enthusiasts and investors in Ripple, so I think that after the drawdown, the XRP price may not go down and will continue to rise. But this is just one of the possible scenarios

[monig18]

Xrp based airdrop had attracted many people .They invested in it and after snapshot they sell it. Due to this XRP falls down.But it is recovering slowly not speedily. Although Btc crosses 19500 but it is in reverse mood. I think it will perform and it should go to 0.8 where Xrp touched some weeks before.

[mohdelayo]

That was a massive dump for XRP. I'm not a fan of the XRP technology but i love buying it deeps and taking some profit. Ripple is known to be a good dumper and a good pumper.

[Piku]

XRP is currently a popular currency. At one time the price went up a lot. But the current market situation is somewhat better. Because even after a much higher price increase, there is currently a long way to go. However, it is expected to improve in the future.

[Gokvane]

Many people think that the price of XRP will go down after this Airdrop is over, so that many Xrp Holders sell their coins so this causes the Xrp price to drop as we have seen lately.