Price Analysis

Ripple Retains the Fort of $0.26; Any Escalation Seems Unlikely as of Now

  • Ripple grows by 0.5% in the last 24 hours.
  • The next resistance may fall at 0.2695 USD.

Ripple managed to grow by more than half a percent in the last one day. It has been through four price shifts in this period. The current value is above 0.26 USD. The price range for XRP for the day rests between 0.2644 USD and 0.2590 USD.

XRP to USD Price Analysis:

XRP to USD Price Chart
XRP Chart by TradingView

The first swing for Ripple happened between 01:41 and 10:33 UTC; it added 0.0026 USD to the value and placed it at 0.2644 USD, the highest point of the day.

Over the next 7 hours and 5 minutes, XRP took a dip to lose 2.02% and fell to 0.2590 USD, the lowest point for the day. It had a break on 0.2595 USD after 4 hours and 49 minutes of 10:33 UTC.

The third variation was a hike of 1.80% that took the value to 0.2637 USD by 01:13 UTC, today. Later, it slipped by a mere 0.43% but maintained its value above 0.26 USD.

Ripple Price Prediction:

Ripple is one of the top-ranked coins and it has shown resilience time and again. The value may see some stagnation for now, but in the medium-term, it is likely to have a lift in its trading price. The next resistance for the coin may fall at 0.2695 USD.

Ripple (XRP)Resistance and Support Levels
1st Resistance$0.264419333
2nd Resistance$0.267210667
3rd Resistance$0.269563333
1st Support Level$0.259275333
2nd Support Level$0.256922667
3rd Support Level$0.254131333

 

Tags

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.

Related Articles

Back to top button
Close