These are very interesting times in the cryptocurrency industry. Although a lot of markets are still down in value right now, the rebound is not that far off by any means. If the XRP price trend is any real indication, there should be a healthy bounce across the board overnight.

XRP Price Negates Most Losses

As most eyes remain on Bitcoin’s price momentum these days, one would tend to forget the alternative markets are where most of the money is made. Altcoins, assets, and tokens are a great way to increase one’s BTC holdings over time. Sadly for XRP enthusiasts, Ripple’s native asset has not been a good choice in that department. The XRP/BTC ratio continues to drift lower every single week.

While no imminent major changes are detected, there is a chance this market will see a bounce sooner rather than later. The XRP price has negated most losses, as there is just a 0.2% deficit in both USD and BTC value to overcome at this time. This means the value should remain above $0.3 for most of the time, and the XRP/BTC…

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Source: https://themerkle.com/xrp-price-tries-to-bounce-off-the-0-3-level-again/