The Ripple (XRP) price action follows a falling parallel channel pattern in the daily time frame, whereas in the short time frame, it responds to a descending triangle pattern. However, this triangle pattern should bolster the bear cycle within the channel pattern and lead the altcoin to support trendline. Key points: XRP price depreciated 9.4% The post XRP Price Analysis: XRP may Drop 12% Before the Next Jump; Here’s why? appeared first on CoinGape.