Yesterday brought more bad Ripple news for the bank-friendly cryptocurrency.

XRP prices fell 16.6% (at the time of writing) to $0.219886, marking the third day of consecutive losses in an otherwise positive week. Despite the damage, Ripple is still up 38.6% for the week.

It is likely that by cashing in their gains, some investors set off a chain reaction that led to the precipitous fall. However, the long-term factors propping up the Ripple price prediction remain intact, as was highlighted by the announcement of its upcoming conference: Swell.

Those.

The post Ripple Price Forecast and Analysis – August 25, 2017 appeared first on Profit Confidential.

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Ripple Price Forecast and Analysis – August 25, 2017