Ripple Price Fluctuates as Bulls Struggle to Break Out

Ripple (XRP) price has seen an attempt at breaking out of its recent consolidation trend, despite signs of softening demand from both institutional and retail investors.

The XRP bulls have been trying to push the price higher since it dropped below $0.30 in early June, but so far, they have not managed to sustain the gains.

Despite this, some analysts believe that the cryptocurrency's fundamentals remain strong, with its low fees and fast transaction times making it an attractive option for cross-border payments.