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Ripple price corrects over 5% but the uptrend stays intact

By: Invezz
Analyst claims that XRP price might drop by 50% in the following correction

Ripple (XRP) price has corrected around 5% after hitting a 1-month high above the $0.21 mark. The buyers failed to clear this resistance line, which prompted the sellers to force a correction lower. However, buyers are still in control. Fundamental analysis: Market prices are not controlled by the whales, says Ripple CTO David Schwartz, Chief Technology Officer of Ripple, argued that market prices of digital currencies are controlled by the public’s confidence, rather than market whales. Schwartz said he doesn’t believe that the current value of XRP ($0.20) is correct.  “My logic is simply that if the price really were

The post Ripple price corrects over 5% but the uptrend stays intact appeared first on Invezz.

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