Yesterday, Ripple prices took a minor hit as investors extracted profits from earlier trading. The momentary sell-off was necessary to expunge fickle speculators, but it also ended a hot streak of Ripple news by adding red ink to the cryptocurrency’s price chart.

It’s doubtless that some analysts will claim the fall was “unpredictable.” But it doesn’t take a rocket scientist to understand the dynamics of herd behavior.

The rate of Ripple price growth was accelerating at a dangerous level, or to put it in visual terms, it was getting absurdly steep. Like.

The post Ripple Price Forecast and Analysis – August 24, 2017 appeared first on Profit Confidential.

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Ripple Price Forecast and Analysis – August 24, 2017