Price Analysis

Ripple Escalates to $0.284 in the Intraday Market

  • Ripple (XRP) price marks heavy escalation during intraday trading
  • The coin reverses yesterday’s fall

The crypto market embarked on the bullish trend from the beginning of the day. Many currencies in the market have already recovered, and others are speculated to go green in some hours. Ripple started the day with the bullish trend and is still moving in an upward direction.

Yesterday, Ripple was badly suffering; the coin touched a high at $0.281281 and a low at $0.269274. The volume was marked at $1,638,078,551.

XRP to USD Price Analysis:

Yesterday, Ripple started dealing at $0.273, and it shifted to $0.267 by 2.32%. Later, the coin escalated to $0.280, with a 5.89% progression. The closing hours reflected a slight loss in the price; the counters touched $0.277 by 1.25%. The intraday movement in price reflected a 1.47% profit. Today, XRPhas reflected 2.72% profit; the price counter changed from $0.277 to $0.284.

Ripple Price
XRP Chart By TradingVIew

Ripple is a high potential coin; it is counted among the high result-yielding coins in the market. It is currently dealing at $0.283. The coin has breached the immediate resistance level. The currency might violate the next resistance level at some time. Here, take a look at the resistance and support level chart.

Resistance Level Price
R1$0.283423
R2$0.288356
R3$0.29543
Support Level Price
S1$0.271416
S2$0.264342
S3$0.259409

Ripple is expected to give a good result in the future. The currency is recommended for long-term investment. The same would give the desired result to the traders. We would also suggest the traders diverge their investment in the crypto market to cut short the risk.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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