A crypto analyst has identified the reason behind the XRP price struggle to reach $100. Contrary to what most investors would think, the analyst argues that XRP price struggles are not particularly due to Ripple’s ongoing legal battle with the United States Securities and Exchange Commission (SEC). Rather, he believes that it is a result of an acquired negative perception about XRP amongst investors and the broader crypto community. The Truth Behind XRP Price Stagnation Earlier this month, Levi Rietveld, a popular crypto analyst took to X (formerly Twitter) to discuss the underlying reason why XRP’s price has remained stagnant and why it continues to fall short of reaching the elusive $100 milestone. Related Reading: Here’s Why Bitcoin Price Crashed Below $54,000 While many may likely attribute XRP’s price woes to its over three years long legal battle with the SEC, Rietveld offers a different perspective. He suggests that XRP’s struggles and lack of widespread global adoption is largely driven by the spread of misinformation, which has been severely damaging and undermining the cryptocurren ..
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