Is XRP’s Price Drop a Buying Opportunity? Analyst Weighs In

XRP (XRP) has experienced a significant price drop of nearly 40% to around $2.19, following a multi-year high of $3.40 just two months ago. This decline coincides with broader market weakness fueled by President Trump’s trade war and despite positive news like the SEC dropping its case against Ripple. However, XRP is still up over 350% from its November 2024 low of $0.50, suggesting a consolidation phase after a strong rally. This sideways action has sparked debate: Is this the end of the bull run or an opportunity for buyers?