When looking at the overall market trend for cryptocurrencies, tokens, and digital assets, interesting things become apparent. It is evident the XRP price is not in the best of places, even though that doesn’t have to yield any negative repercussion in the short term. Some key developments behind the scenes can easily push the value of this asset higher in the coming months and years.
Although a lot of people have high hopes for XRP, the current market trend doesn’t warrant too much optimism. Even though this asset couldn’t be further removed from Bitcoin in terms of strategy and appeal, it seems to mimic its price movements quite well these days. That is not necessarily the trend holders want to see, yet one has to acknowledge there are a lot of interesting similarities between the two.