- XRP / USD is currently trading at $ 0.259 after dropping massively to an all-time low since August 1.
- Most of the daily uptrend gains are now gone, with XRP losing a significant portion of its dominance.
According to CoinMarketCap’s dominance chart, XRP is now down 3.3% dominance from its previous high of 3.83%, a low not seen since July 2020. XRP’s weakness is now fairly obvious as the digital asset will have very little support on the up to $ 0.20.
While most of the market is seeing red numbers as well, the major coins have done quite well. XRP bulls will now need to see a rebound from any support level to have a chance to recover their daily uptrend.