Price Analysis

Ripple Price Rallies 2% During the Day-long Movement

  • Ripple (XRP) price indicates uptrend in the chart
  • The price resumes the recovery spree again

Ripple price is seen moving in the upward direction. The coin started improving from the last week, and despite the fluctuation, the price kept the uptrend intact. The currency has a high return ratio, and the same has kept loyal investors locked.

Yesterday, Ripple price touched a high at $0.294720 and a low at $0.289768. The volume marked in the coin was at $1,609,355,490.

XRP to USD Price Analysis:

Ripple started the day $0.295, and it slipped to $0.290 within the first few hours by 1.72%. Later, the price escalated by 1.72% from $0.290 to $0.295. After then, the price slipped to $0.290 by 1.63%. The price closed the day at $0.293 with an intraday regression of 0.60%. Today, the price slipped slightly and jumped from $0.292 to $0.303. The progression is marked as 3.96%; the price is falling since then.

Ripple Price
XRP Chart By TradingView

Ripple is currently dealing at $0.294. The immediate resistance level is marked around $0.295. At any moment, Ripple price would breach the level. It will be a surprise if it crosses the next resistance level, too. Here is the chart of support and resistance level.

Resistance LevelPrice
R1$0.29521
R2$0.297441
R3$0.300162
Support LevelPrice
S1$0.290258
S2$0.287537
S3$0.285306

Ripple is counted among the top forces of the market; the prospect with it is usually high. The traders are recommended to pick long-term investments with the coin, as it would bring a huge profit.

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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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