Analyst: If Bitcoin drops to $ 1,000, XRP will drop all the way to $ 0.03

According to BeInCrypto, the price of XRP has been gradually decreasing since August. It has reached an important support area for ongoing integration. On November 25, nearly 50 million XRP were transferred from the unknown wallet to the Bitstamp exchange. Initially this was expected to result in a change in the price of XRP, but with no results. In contrast, XRP prices are gradually falling at the rate of falling support lines. TradingView's well-known analyst @magicpoopcannon said he believes that if the price of Bitcoin drops to $ 1,000, the price of XRP may eventually fall to $ 0.03. If this is the case, it will be 86% lower than the current XRP price. U.Today author Valdrin Tahiri said after analysis that he did not think the XRP price could fall to $ 0.03.