XRP Dipped Below $3. Should Investors Be Worried?

Investors love round numbers, and they dislike seeing the price of an asset fall. In that vein, XRP's (CRYPTO: XRP) latest price movement sent it under $3 on Aug. 20, and in doing so it triggered a predictable chorus of worry. Is this the start of a bigger slide lower, or just a breather after the cryptocurrency gained about 400% during the past 12 months?The more important question here for investors is whether the forces that drove XRP's climb remain in place. Let's unpack what happened with the past few days of price action and put it into the asset's longer-term context to start.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool