How long will the XRP tetter last below $ 3?


XRP, cryptocurrency associated with ripple, is one of the most talked about digital assets in the market for a long time. Despite its strong basic things and continued to adopt in across the border, the XRP struggled to break the elusive $ 3 mark-a level that was briefly reached during the bull run of 2017. With the Crypto market continuously developed, investors are surprised: how long the XRP will remain under $ 3, and which factors can pursue it beyond this resistance? ## ** A look at the price history of XRP ** XRP hit its all -time high (Ath) of $ 3.84 in early 2018 during the peak of Crypto Bull Market. However, after that boom, the price declined significantly, the wider market recession mirrors. Since then, XRP has faced several obstacles, including regulatory fights, market rashes and investor Bhavna Shifts. Over the years, the XRP has hovering below its previous high levels, sometimes with spikes operating from the market rapid trends. However, despite cases of strong partnership and increasing use, it is yet to recover the $ 3 limit. ## ** Major factors keeping XRP below $ 3 ** Many factors have contributed to reach $ 3 in the XRP struggle: 1. Regulatory Uncertainty ** The biggest obstacle for XRP has been its legal battle with the American Securities and Exchange Commission (SEC). The lawsuit, which began in late 2020, accused Ripple of selling XRP as an unregistered security. While Ripple has secured some favorable regions, uncertainty alerts many investors from uncertainty. The price of XRP can suppress the price of XRP until the full regulatory clarity is obtained. 2. Market spirit and bitcoin effect ** Like most altcoins, the price of XRP is greatly affected by the performance of bitcoin. When bitcoin s