XRP Price Alert: Expert Predicts Drop Below $0.60?
- XRP could face a significant price correction, dropping below $0.60, according to IncomeSharks.
- Ripple holds 38.9 billion XRP tokens in escrow, which could contribute to price volatility.
- Recent rally factors include anticipated regulatory approval for Ripple's RLUSD stablecoin and potential XRP ETF launch.
- Some experts are skeptical about XRP reaching $100 due to its history of severe downturns.
- XRP's price collapsed 75% in just two months after spiking to nearly $2 in April 2021