The #XRP , in turn, has been following the broader market trends. Just like Bitcoin, it was subject to strong profit-taking in the second half of August. Ripple's native token fell below its 21-period moving average, and a potential rally will depend on the renewal of its all-time high, according to analysts:

"The $XRP is undefined and will have to overcome 20.50 – all-time high – before opening up space for more expressive valuations in search of 26.80 and 36.95."