Ripple Price Hovers at $0.29 with Moderate Uptrend

  • XRP breaches the immediate resistance level within the first few hours.
  • The current price movement reverses the opening upsurge.

Ripple price movement is giving mixed indications. The price has already violated the immediate resistance level and is currently moving downwards. However, the movement in the price is quite slow. Thus, there are chances that it might end the day with a positive digit. Yesterday, Ripple touched a high at $0.296 and a low at $0.288. The volume was marked as $1,572,251,058.

Ripple Price Prediction

The 1-Day price chart is reflecting an uptrend in the XRP coin. Yesterday, Ripple started at $0.295. Within the first half, the price fell to $0.291 by 1.41% drop and jumped back to $0.293 by 0.77%. Later, Ripple price fell once again, and this time touched $0.287 by 2.16%. There was a substantial recovery followed the fall. XRP price escalated to $0.2931 by 2%. Today, the price started by climbing up. The counters switched from $0.293 to $0.296 by 0.99%. Later, the fall in the price slipped to $0.294 and is dealing at the same.

Ripple Price
XRP Chart By TradingView

Ripple value has already breached the immediate resistance level at $0.296 and now slipped to $0.294. The coin still holds the possibility of improving. However, if the fall continues, the XRP price is speculated to find immediate support at $0.288. Here is the list of calculated resistance and support levels:

Resistance Level Price Support Level Price
R1 $0.296442 S1 $0.288887
R2 $0.300242 S2 $0.285132
R3 $0.303997 S3 $0.281332

The traders interested in Ripple can dig-in for long-term for a massive return on investment. The currency would give a profitable return to the short-term investors, too, but there are chances that it might not give the desired result. Therefore click here to know more about the future price prediction of XRP for upcoming years.

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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