XRP experienced a decline of 1.26% over the past week as the cryptocurrency market continues to grapple with the challenge of regaining a positive momentum. Following a peak price of $2.58 on May 15, XRP has undergone a significant correction, bringing its value down to approximately $2.06.
Notably, CasiTrade, a well-known market analyst, has expressed a bullish outlook on XRP, suggesting potential future gains.