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Ripple: AI Predicts XRP Price After US Presidential Election

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Ripple’s XRP token continues its struggle to gain momentum. The seventh-largest cryptocurrency project by market cap has experienced a significant correction over the last week. The asset is down by 0.3% in the daily charts, 2.1% in the weekly charts, 7.9% in the 14-day charts, 5.6% in the monthly charts, and 17.9% since early November 2023. Source: CoinGecko Also Read: Top 3 Stocks to Buy Now If Kamala Harris Wins the Election Why Is XRP Struggling? Ripple’s XRP token shot up to $0.63 in early August after the fintech company settled its lawsuit with the SEC with a $125 million fine. Despite the breakout, the asset’s price did not hold, facing a correction soon after. Source – FXEmpire XRP’s recent woes could be due to investors booking profits with other assets. XRP continues to be a popular cryptocurrency for cross-border remittances, but its value has failed to increase. Also Read: ChatGPT Predicts Dogecoin (DOGE) Price If Musk Assumes A Cabinet Role How High Will The Asset’s Price