Would not last because there's still bad news to come and people are not worried since they can just put their money to altcoins which are not pumping yet, and altcoins season might come and will make XRP to look even more bad.
People are not worried ?how can they put funds to other altcoin when the exchange are freezing trade or even delisting XRP?
But Don't underestimate the capacity of XRP ,this is still the rank3 cryptocurrency and even how bad news comes from one place to another yet the Maintaining price is 18-22 cents Meaning the value did not drop that bad because even before the Bull run starts XRP price stays in 23-26 cents so having this meaning the drop is just 20% in totality.
They are not worried because they have an alternative, another altcoins to invest, that's what I mean.
Why would they still put their money if they are worried, that's so stupid, you know that anytime XRP will dump and you still trust them.
I would not do that if its in my situation.
Most probably the team are just manipulating the price for now since they are holding a huge amount of XRP, but you are right, to what extent, we know that manipulation does only work in short term, so like I said this would not last.
Or Maybe some are taking the advantage of Buying at low price because they know that this wont stay very long ,yeah 1 year fall? but surely in time this will recover because this is one of the most popular and used crypto all over the world.
This is not a normal dump like we witness on bitcoin and other good altcoins, there's a legal issue behind this, so most probably this will create some panic.
