XRP Plummets Following Bitcoin’s Sentiment, Can The Bulls Maintain $0.33?

Ripple has seen a troublesome 24 hour period after XRP price action dropped sharply by a total of 7% bringing the coin’s price down to the $0.33 area at the time of writing. This price drop is mostly attributed to Bitcoin falling from its highs back into the $5,000 support area.

XRP had made attempts to break above a long-term price channel but had failed to succeed and got rejected. As of now, the coin is battling to remain above the lower boundary of the channel

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