Should You Buy XRP While It's Under $3?
When XRP (CRYPTO: XRP) hit a 52-week high of $3.39 back in mid-January, it seemed to be the obvious, no-brainer cryptocurrency investment of the year. At that point, it was up a staggering 578% from Election Day.
But XRP has since fallen past the $3 price point, and is now closer to $2 than to $3. Sentiment on XRP has soured, and it is now down 3% for the year. So is this a bargain-priced crypto to pick up on the cheap, or one that you should avoid in favor of other cryptocurrencies with higher upside potential?
It's relatively easy to make the case for buying XRP. After all, the worst of its regulatory headaches appear to be behind it, and the pro-crypto approach of the Trump administration has led to new optimism about the long-term prospects of the crypto sector, and especially for riskier altcoins such as XRP.
Source Fool.com
