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Ripple finds support under $1.35

17 May, 2021

Late yesterday evening the Quick News ran an article espousing the merits of XRP Ripple if one wanted to merely judge any cryptocurrency purely by its carbon footprint. Well, since that update the price did fall back, but surely only as a result of further downside in the likes of Ether and Bitcoin. That helped to push Ripple down to as low as $1.3285 ahead of the European opening. However, since then it has rebounded again and is now back above $1.50. That rebound is not alone, but in percentage terms it has surely outperformed many of its peers as it rises around 20% from the earlier low. As far as that carbon footprint article here earlier on, nothing has emerged since to detract from all that was said there. XRPUSD is currently trading at $1.5330

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