Within the past 24 hours, since October 18, the Ripple price has fallen by around 9 percent, from $0.23 to $0.21.
Since October 16, in a three-day period, the price of XRP dropped from $0.289 to $0.21, by over 27 percent.
Factors For Price Decline, Indicators of Recovery
The price of XRP has likely fallen substantially in the past three days due to the major correction the cryptocurrency market has experienced throughout this week. The correction was caused by the rapid growth rate of the cryptocurrency market and leading cryptocurrencies such as Bitcoin, Ethereum and Ripple, that have demonstrated substantial increase in value in the past month…
Read Full: Ripple Price Falls by 9%, Struggles to Recover Despite Optimistic Developments