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XRP (Ripple) Is Down 34%. Should You Buy the Dip?

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Summary
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73% Informative

The XRP (CRYPTO: XRP ) cryptocurrency reached a multiyear record price of $ 3.31 per coin in January 2025 .

By May 30 , the coin had retreated 34% to $ 2.18 per coin.

XRP gained 255% from November 2024 to January 2025 , outpacing Bitcoin, Ethereum , and Dogecoin .

Trump 's campaign in 2024 presidential election included heavy support for cryptocurrencies.

The upcoming summer is a black box of continued uncertainty.

Holding off could be exactly the right idea, but the coin could also skyrocket again on short notice.

If you agree with my generally positive view of XRP 's long-term prospects, you may want to start a small position today .

Buying in thirds is one disciplined option.