Ripple - current dump as the absence of hope for bull run

Ripple can be considered as the biggest loser out of the top 3; its rate has dropped by more than 15% over the previous day.


If the current market dump is a pause before a run for Bitcoin and Ethereum, for Ripple the situation is much worse. According to the chart, the rate rolled back to the levels of the mid-May, having confirmed the absence of a potential bullish trend, which is also backed up by the bearish MACD indicator. In terms of the price prediction, XRP is likely to locate in the yellow corridor, fluctuating between $0.31 and $0.47.