By CCN Markets: Ripple (XRP) has attempted a pullback after dropping more than 12-percent over the past weekend. The XRP-to-dollar exchange rate established a cycle low of $0.371 on Sunday at 1600 UTC. The downside action pushed XRP’s market capitalization to as low as $16.04 billion, down 11.47-percent from its Saturday peak level. At its year’s highest, XRP’s market capitalization was $19.67 billion. XRP today underwent a small upside correction, surging a little above 5.5-percent to settle an intraday high towards $0.392 at 0700 UTC. Nevertheless, the jump appeared without substantial volume, hinting a weakening momentum. The move attested to
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