The price of XRP has fallen by more than 5% today, but experts are still optimistic about the future path of the coin.
Despite this recent decline, a leading market expert has pointed out the possibility of a strong rise in the price of Ripple's native currency to levels close to $8, which has sparked widespread discussions in the market.
Another analyst also confirmed that the currency's target could range between $5 and $10, which further boosted optimism among market participants.