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Should You Buy Ripple (XRP) While It's Still Down?

TheMotleyFool

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Should You Buy Ripple (XRP) While It's Still Down?: https://g.foolcdn.com/editorial/images/755901/thinking-robot-flipped.jpg

The cryptocurrency commonly known as Ripple (CRYPTO: XRP) is down by more than 10% over the last week. Trading at $0.58 per token, XRP also stands far below the short-lived peaks near $2 in 2021 and $3 in 2018. So Ripple's crypto winter is still in full force, despite positive developments in the cryptocurrency's long-running courtroom drama and a general thawing of the broader crypto market's chill.

If Ripple is ready to break loose, this could be a great time to pick up some tokens on the cheap. Or, if the border-crossing payments vehicle is headed for even darker days, maybe it's best to stay away.

So, which thesis holds more water? Let's have a look.

Source Fool.com

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