Ripple again under 30 cents

Remember the ripple mania at the end of last year? Then the cryptocurrency rose from 25 cents to 3 dollars. In just a few weeks.
Now things are the same again. The ripple has returned back to less than 30 cents. Will, however, it have the power to rise again at a similar pace? Hardly...
The record-breaking decline in cryptocurrencies continues. An exception to this negative trend is only the bitcoin, which is sustained at levels above $6,300.
The depreciation of the cryptocurrencies began after the US regulators refused to issue a permission for an index fund license based on the Winklevos brothers bitcoin.
The decline in the digital coin has intensified after US Bank Goldman Sachs commented that we can see a further decline in the bitcoin.
Later on, the fall of the cryptocurrencies accelerated after a massive wrong bet of $416 million in bitcoin futures that remained uncovered after the fall of the cryptocurrency.