By CCN.com – Ripple Labs is a big mover this Thursday, as the company saw its XRP token rise as much as 3-percent since the Asian session open. The XRP-to-dollar exchange rate formed an intraday high towards $0.344 after spending an entire week in a red zone. The pair jumped on moderate volume with traders changing hands the same as they did in the previous sessions. Therefore, onlookers could not establish the latest XRP price move as a breakout. More likely, it was a bounce back which had more probability of fading away in the upcoming trading sessions. Ripple as
The post Ripple (XRP) Price Rises 3% But the Swell Looks Doomed appeared first on CCN
source https://www.ccn.com/ripple-xrp-price-surges-3-but-the-bounce-looks-doomed
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