Please refer to below link to know detailed information about snapshot. I agree with you that there will be correction in XRP price after the snapshot but I am quite sure the price of XRP will not crash. I am long term investor and will sell it when it breaks ATH. I believe it will happen when BTC will stabilize around 20K and BTC domination comes down to below 60%. We are in crypto Business and it always comes with surprises. You never know what tomorrow brings for you.
https://www.binance.com/en/support/announcement/78c11feba44d443998cf7a5329539e91
I am closely following the XRP price in the market and I thought the price will rise just before the snapshot, but nope. It starts to go down. Now, those XRP holders that participated in the airdrop are now in the verge of selling their portfolio, so expect the price to go down further. If the XRP team will not give another positive news, the price may continue falling down again.
It was obvious that price will fall after the snapshot but fortunately it didn't crash and trying to hold around 0.50 against usdt. Any good news can again trigger new buying in XRP. I am long term Investor of XRP and don't get upset with day to day price fluctuations. I trust Future of XRP is great.
XRP price has dropped more than 63%, as low as $ 0.021 since SEC announced against Ripple. It looks like it will continue falling further because rumours of its delisting from many Top Exchanges including Coinbase. Social Media data suggests that sentiment about XRP is declining. The topics most prominently being discussed are SEC has charged the company with selling securities. If Coinbase decides to delist XRP then selling pressure will further increase then nobody knows where it will bottom out.