Ripple (XRP) Witnesses a “Dead Cat Bounce,” but More Declines Lie Ahead

Ripple’s XRP token has seen a 9% price growth in the past 24 hours. However, this is a typical “dead cat bounce” often observed during a broader market downturn as traders continue to bet against an XRP short-term rally.  On-chain data shows a steady decline in the demand for altcoin and the likelihood of XRP holders selling for profit.  Ripple‘s Brief Rally Does Not Offer Any... source: https://beincrypto.com/ripple-witnesses-a-dead-cat-bounce/