Even though the early morning hours showed signs of a major cryptocurrency market reversal, things may not necessarily pan out in a positive manner. There is still a lot of bearish pressure across all markets, and it seems most currencies have begun retracing. The XRP price is no exception, although it still seems relatively stable near the $0.35 mark.
It is anything but surprising to learn no cryptocurrency or digital asset can sustain an uptrend right now. This has been pretty much impossible since March of 2018, and there is no real change in sight just yet. Even XRP, widely considered to be “the standard” is incapable of maintaining an uptrend right now. That doesn’t mean the asset isn’t in a good place, though.