XRP slides back to 25 cents, threatening further losses

XRP has once again fallen back into the 25 cent range, currently sitting at a value of $0.254 after losing close to 2.5% in the last 24 hours. This value is just $0.002 higher than its 2019 low of $0.252, seen at the end of August.

XRP is now down more than 15% in the last month, making the cryptocurrency one of the poorest performers as of late. Though XRP still sits as the third-largest cryptocurrency by market capitalization, its trade volume has now been eclipsed by its nearest rival—Bitcoin Cash (BCH), indicating a reorder might soon be on the cards.

Overall, XRP has been in an almost incessant downtrend since December 2018, losing more than 40% of its value to fall to its current price. Similarly, XRP has lost major ground to bitcoin (BTC) over the same time period, falling…

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