With most of the cryptocurrency markets heading in the red once again, it is rather interesting to keep an eye on the individual markets. Whereas some people expect big things from XRP, it would appear Ripple’s native asset isn’t making too much headway. In fact, the XRP price is going in the red as well, with a dip below 6,000 Satoshi looking all the more plausible.
XRP Price Can’t Catch a Break
It is always interesting to see what the future holds for markets which are not Bitcoin. Since most of these markets rely on Bitcoin to gain any real value, it is only normal they lose value as soon as Bitcoin goes off a cliff. Although the world’s leading cryptocurrency is not losing that much value, it appears things are a bit different where XRP and consorts are concerned.
To put this in perspective, the XRP price has lost 3% to drop to $0.320269 once again. Ever since this asset broke the $0.33 level, there has been plenty of resistance on the market for some unknown reason. In terms of XRP/BTC, there is another 2.15%…