Ripple (XRPUSD) rebounds from weekend drop below 0.40

Ripple continued to struggle at the back end of last week. The leading Alt coin did make a further attempt to rise back above 0.46 over the weekend, but a double top failure short of that level on Saturday set up a move back below 0.40 yesterday. Of course that drop owed much to the heavy losses for Ether, and to a lesser degree in Bitcoin. The price fell to as low as 0.3926 yesterday, but it has rebounded again today, as it once again follows its bigger brethren higher. The range set so far today has been covered by 0.4110 to 0.4326. The overall story for Ripple is unchanged from where it was last week, in the absence of any fresh significant news. XRPUSD is currently trading at 0.4290