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XRP Price Nosedives at $0.24 and Records 11% Plunge in 24 Hours

Will Ripple Manage to Register an Escalation Above $0.24?

Ripple (XRP), at the time of penning down this analysis, was seen trading around $0.240 and was seen forming a consequent falling wedge for the second time since the start of the year XRP/USD has experienced an intraday fall of over 11% from the yesterday’s high of $0.270 and therefore, appears bearish The 20-day Bollinger Bands project moderate volatility in the upcoming days as the bands are seen slightly widening Ripple price breach 7-month high at $0.346 just to pullback again XRP coin has been trading with expanding volatility and, thereby, retains no support from the daily moving averages.