Ripple prices remained relatively flat in yesterday’s trading, although there was a slight bias to the downside. XRP prices dropped 1.12% over 24 hours, adding to a lackluster week of 13% losses.

All this occurred despite Ripple news of expansion into China.

Under normal circumstances, investors ramp up their holdings at the merest whiff of international expansion. However, in this case, optimism was blunted by confusion over whether or not Ripple is entering China alone.

Read: Ripple Price Forecast and Analysis - August 17, 2017

Rumors.

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Ripple Price Forecast and Analysis – August 16, 2017