Among those, Ripple sees its more than 10% gains evaporate
Ripple moved up from just under $0.50 to start the day to above $0.55 but thereafter, it faced a violent pullback in price as it trades at $0.51 levels currently.
Digging into the charts, the pullback can be attributed somewhat to technical levels - at least for XRP - as price meets a double-top pattern in the hourly chart.
But the pullback isn't just limited to XRP as NEM, NEO, Monero, Dash, and Stellar are among the others that have seen the same price action today.
As for Bitcoin, prices traded steadily throughout the day before suffering a fall that takes it below the 100 and 200-hour MAs as well:
If any of our readers have any thoughts, feel free to chip in.
