I spent quite a while discussing this with friends in the group: XRP fell below $1 to around $0.997, as retail investors exited and institutions added to their positions.
When negative news hits, those who panic tend to sell first; only afterward can you see how much support there really is.
I've learned the hard way not to chase the news, so now I take a pause when something like this happens.
$XRP latest: 1.0203.

Make your own decisions about when to enter and exit—don't follow the crowd blindly.