When looking across all of the cryptocurrency markets available today, there is far too much red for comfort. Not entirely surprising, when considering how the Bitcoin value is subjected to a dip as well. The XRP price, while often relatively stable under most circumstances, is also losing a bit of value at this time. However, it seems to be able to contain those losses pretty well.

XRP Price Might Stay Above $0.32

It is always interesting to see how individual cryptocurrency markets deal with the overarching conditions. When Bitcoin turns bullish, everything seems fine and dandy. It is during bearish waves like the current one when projects earn their stripes, either for better or worse. In the case of XRP, it is following Bitcoin’s trend, although it seems to contain the losses pretty well at this time. How long that will remain to be the case, is a different matter altogether.

Over the past 24 hours, the XRP price has lost 2.24% to drop down to $0.3215. There is also a 0.8% decline in XRP/BTC, as this ratio now sits at…

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Source: https://themerkle.com/xrp-price-holds-its-own-above-0-32-despite-bearish-pressure/