Ripple’s [XRP] recovery could be more difficult over the weekend. In the past 24 hours, Bitcoin [BTC] dropped by 3.5%, as per CoinMarketCap. The king coin’s move has set most altcoins, including XRP, into a short-term correction. 

At press time, XRP’s value was $0.3863 and flashed green, indicating bulls were upbeat about a recovery. However, the recovery could be undermined, as suggested by technical indicators. 

XRP’s recent drop found a steady hold at the 23.6% Fib level of $0.3814. A subsequent attempt to go beyond the 38.2% Fib level of $0.3867 was thwarted by press time, setting the asset into a price consolidation.