FutureBlockchain

Ripple (XRP) continues to dive

BITSTAMP:XRPUSD   XRP / U.S. Dollar
The Ripple continued to slide and made another step-down, this time to $0.243 on Thursday, November 21.
The Friday session was a little catastrophe for XRP as it followed the general crypto market trend and fell to $0.23. The 5.3 percent drop resulted in a third-consecutive red candle on the daily chart . The coin briefly touched $0.222 during intraday. The last time we visited that level was in September this year.
The weekend of November 23-24 started with a small increase to $0.234. On Sunday, November 24, however, the “ripple” continued with its bad performance and fell down to $0.22. It closed the week 16.3 percent lower.

  • Next level of support somewhere in the $0.20-$0.19 zone.

  • Bulls will have to push price back up to at least $0.23 for a short-term recovery.
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