In the optimistic atmosphere of the recent crypto market, Ripple (XRP) has also become a concern due to the sharp surge driven by Bitcoin and Ethereum.
Both major cryptocurrencies have been able to bring a small increase in cryptocurrency prices over the past few weeks.
However, XRP investors should be aware that there are technical flaws which may lead to sales in the near future.
At the time of writing, Ripple assets are trading at $ 0.63.
Although XRP declined sharply from its recent record high, the asset was still above its lowest price, $ 0.23 before the parabolic surge.
According to analysts, from yesterday's record high of $ 0.80, XRP has actually declined sharply. However, there is still a chance for the price to get back under control.
Through a tweet from an investor on Twitter, XRP is likely to experience a sharp decline following its token has lost momentum due to the $ 0.80 barrier.
It is also possible that the XRP trend and the altcoin market will be determined by the direction of the ETH and BTC movements in the next few days.
