Ripple’s XRP bears are forcing much bleeding below $0.4000; price drops 11% within last two hours

  • XRP hammered over 11% within two hours of trading on Wednesday.
  • XRP/USD bears are gunning for the next major area of comfort down at $0.3000. 

Ripple’s XRP drops a whopping double digits within the last two hours of trading, some 11% in the second half of the session.

The move to the downside can be seen across the cryptocurrency market, all dropping in tandem. 

XRP/USD bears will be hunting for the next major area of safety, which isn’t seen until the psychological $0.3000 mark. 

XRP/USD daily chart

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