Ripple (XRP) drops 9% in just three hours after losing $0.30

  • XRP/USD is currently trading at $0.279 after losing the crucial support level at $0.30
  • XRP is down more than 7% in the last three hours as bulls struggle to find any support nearby. 

XRP just had a massive drop towards $0.27 after losing the crucial support level of $0.30. Bulls are now having a hard time finding support as the move up was simply too steep. XRP has lost all the gains from August 1 but bulls could attempt to see a bounce in the next 24 hours.

XRP/USD 1-hour chart