For the first time in years, Ripple (XRP) gained momentum when it hit above $ 0.30 last month. The bulls have pushed the price up to $ 0.90 on some exchanges before encountering an influx of selling pressure. This rally gave investors an ideal exit opportunity in many cases. There were also new capital withdrawals in XRP due to the highly anticipated SPARK airdrop. Currently, XRP has dropped below the key support level of $ 0.50, despite the strength the rest of the market is seeing. This weakness has dealt a heavy blow to the previously emerging market structure, and disappointed traders and investors are taking action to make a profit. So, according to analysts, there could be a big sales wave soon. One popular trader points out that unless there is a catalyst for the change, XRP will again be the “worst-performing main altcoin” on the market. Luke Martin: Ripple may be the “worst-performing main altcoin” on the market. Successful analyst Luke Martin evaluated the XRP market in his new analysis. According to the analyst, there could be a big sales surge in XRP soon. The popular analyst notes that XRP will again become the “worst-performing main altcoin” on the market unless there is a catalyst for change.
P.S: This not and investment advice.