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Price Analysis

Ripple Loses 3.6% Overnight and Falls to $0.29 Again

  • Ripple loses 3.6% in the last 24 hours to reach 0.29 USD.
  • It may soon find itself around the support of 0.26 USD.

Ripple has taken a dip of 3.60% in the last 24 hours and reached 0.29 USD. It has been through four major price swings in this period. The range of the price swings is in the range of 0.32 USD and 0.29 USD. In the short-term, it may fall further.

XRP to USD Price Analysis:

Ripple Price Chart
Ripple Chart by TradingView

Ripple’s first price swing started in the initial hours of the day and over the next 14 hours and 27 minutes, it grew by 14.30% and reached 0.3265 USD, marking the highest point for the day. It had a break at 0.3118 USD. Later, it took a dip by 9.27% and fell to 0.2963 USD by 00:33 UTC having a break at 0.3195 USD. Another hike of 2.67% placed XRP price at 0.3042 USD. Later it again fell by 4.47% over the next one and a half hours and reached 0.2907 USD.

Ripple Price Prediction:

Ripple‘s value has taken a shift from 0.32 USD to 0.29 USD in the last one day. The next course of price movement is likely to be impacted by the worsening condition of the market. It may soon fall to the support of 0.26 USD if it continues to fall.

Resistance and Support Levels

R1- $0.329233, R2- $0.34469, R3- $0.367346

S1- $0.29112, S2- $0.268464, S3- $0.253007

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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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