XRP Is Down 22% in 30 Days. Here's What Could Happen Next.
The next month or so could be great for XRP, but the good times might not last.
Overview
XRP (CRYPTO: XRP) fell by 22% in the 30-day period ending on June 30, with nothing in the way of bad news to speak of.But that decline may be in its last days, so let's take a look at what the historical data suggests for XRP's next move.
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Going back to 2014, June has long been XRP's worst month for returns, with the median result being a decline of 8.8%. Seven of the last 10 Junes saw the coin lose value, most of the time without any major bearish news breaking. In other words, if history is any guide, there's no reason for holders to panic about the recent decline.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.