Ripple (XRP) is grinding lower toward the $1.40 short-term support area at the time of writing on Thursday. The correction from the weekly high at $1.46, reached the previous day, aligns with the broader crypto market, which has seen Bitcoin (BTC) test support at $80,000 after hitting a three-month high at $82,850.

Bitcoin (BTC) is attempting its first Bollinger Bands breakout in months, while creator John Bollinger is more bullish than some traders.

Data from TradingView confirms that on Wednesday, BTC/USD saw its second daily close above the upper Bollinger Band on the daily chart, something it has not achieved since mid-January.

Cryptocurrency prices are showing broad weakness on Thursday, following a widespread rally this week that saw…