It will seemingly not be the best weekend for most cryptocurrencies, tokens, and digital assets. This is a bit of an unfortunate development first and foremost, although there is nothing one can do about it either. For those people interested in the XRP price, the current declines were somewhat to be expected. The main question is whether or not the asset can remain above $0.3 over the next few days.
Considering how no uptrend – regardless of its size – has been sustained in crypto land over the past 11 months, this most recent setback will not come as a big surprise either. All markets are under a lot of pressure once again, even though there doesn’t necessarily appear to be a reason for this particular trend. It is simply a continuation of how all markets evolve throughout 2018. This doesn’t bode well for any currency, token, or asset.