XRP has recently faced a significant downturn after a meteoric rise in November 2024, where it surged by nearly 300%, breaking into the top five cryptos by market cap  . Currently, XRP is trading at around $2.31, up by 11.07% as of December 5th .
This correction has left many wondering whether the token will continue its upward momentum or face further declines. Many analysts speculate that XRP might stabilize and even see further gains, especially with its continued involvement in institutional adoption, as well as Ripple’s favorable legal position .
As for other major cryptos, Bitcoin (BTC) currently sits at $102,116.71 , Ethereum (ETH) is at $3,844.56 , and BNB is priced at $723.76 . Dogecoin (DOGE) and Shiba Inu (SHIB) also remain active, though they haven’t been experiencing as significant movements in comparison.
What do you think? Will XRP bounce back and reclaim its gains, or will this correction continue? Share your thoughts below. $XRP, $BTC, $ETH, $BNB, $DOGE, $SHIB.
