The entire market is down and we can see red colour almost everywhere with majority of coins including Bitcoin and other leading coins like Ethereum and ripple or xrp etc. Recently we have seen some news about the spot Exchange traded funds for the coin xrp. Trump has taken over the position of president in United States and after these the situation for xrp is good because the lawsuit is almost done and it is gone in favour of the ripple company.
There are many news updates floating around that some companies are planning to go for the ETF for litecoin and also some for the xrp coin. Now the coin price is low and this is not a matter of concern. There is nothing to worry about if ETF is in process because solar a letter it will impact the price in a positive way and it will grow.
The current price is less than 3 dollar and you have seen that the price was more than 3 dollar for poet sometime however it is dropped because of the market sentiment but if market recover then this price will also growing up considering the market sentiments
I have invested on XRP coin and its been a long time since I have been holding but now because ETF news is going on so I think it could be worth to hold of a more time to see how it and force and if it happens then surely the value of this coin will go significantly. Obviously it is not a financial advise that I am sharing here and I am just sharing my thought which can be true or can be not so if you are planning to invest something on this point then I highly recommend you to go to your study and research before putting your money on the coin. This is not a financial advice in any way.
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