Bitcoin price had crossed the $13000 price mark on 26th June and after that, the leading crypto coin has seen a notable price decline, as it is currently trading below $12000. The recent price decline seems to have impacted a large part of the crypto market.
XRP price is also going through a bearish zone since a couple of days, as its price bottomed to its 7-day low price mark at $0.39. Currently, the crypto-coin is constantly making an attempt to strike a price recovery.
|Ripple (XRP)||Bitcoin (BTC)|
|24h Volume||$2,934,289,639|| |
|Return on Investment (ROI)||6,806.45%|| |
XRP/BTC Price Chart
Yesterday, XRP was initially ranging between $0.46 to $0.45 which later dropped to its critical support level near $0.42. After hovering between $0.42 to $0.41, XRP failed to hold onto the support level and took a sharp fall to its 7-day low price at 0.3901, recording a decrease of 8.47%. Though, XRP price has rebounded from there tracing an upward trend line.
Meanwhile, the BTC price has also gradually decreased below $12000 and even touched $10372 price mark with a decrease of 11.09%. It has started to move upwards and is currently above $11000.
Both the leading cryptos seems to be facing major resistance at this point of time. If Ripple continues to move upwards, it may see resistance at $0.4200 and $0.4544, while it can see support level at $0.3791, if XRP price takes a downturn.