The third-largest digital currency, XRP, has are returned to sub-$0.32 levels following another failed attempt at launching a meaningful rally.
Having opened at $0.324, the digital coin spent the better part of the Tuesday session moving on a downward trajectory. The coin tumbled to one-week low of $0.308 in late trading, before finishing the session at $0.311.
XRP saw a modest price uptick during today’s early trading, when its price rose to as high as $0.315. However, the coin has pulled back in more recent trading, retreating toward the level of its Tuesday close. At the time of writing, the XRP price was hovering around the $0.31 mark, according to data from digital currency tracker Coinmarketcap.
XRP has been one of the worst-performing major digital coins this year, as it hasn’t been able to capitalise on the broad crypto recovery observed in recent months. While the coin has mirrored larger uptrends, it hasn’t been able to amass lasting gains. In a stark contrast to major crypto peers like Bitcoin(BTC) and Litecoin…