After three days of going up, Ripple is down $0.008 today

Ripple is down to $0.365, after ending today at $0.374. Overall, a 2.23% loss or $0.008 today.

Ripple's upper Bollinger Band® is at $0.388 which indicates a further downward move may follow.

Looking forward, XRP is poised to extend its strong downtrend and continue declining.

In the meantime, negative performances are also seen in other markets, Litecoin retreats 3.19% to trade around $81.63. Cosmos USD closed at $12.47 (down 4.58%).

Positive performances can be seen by looking at other markets as FTX Token is up 9.54%.

Having set a significant high of $0.863 11 months ago, XRP is trading 56.7% lower. XRP has a market cap of 18.62 billion with an average daily volume of 1 billion.