Price Analysis

Ripple (XRP) Price Exhibits 3% Hike Overnight

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The crypto market is currently lifting the heavy pressure. The same has given a chance for the coins to improve. The top guns of the altcoin market like Bitcoin, Ethereum, Litecoin, Ripple etc. were also trading with the pullback pressure and now there is a ray of hope for the improvement.

Today, Ripple is on the dramatic move. The growth prospect is still hanging in the hearts of the traders. If we look like yesterday’s price movement, XRP price was spotted dealing at a high of $0.1927 and a low of $0.1885. The volume market in Ripple was $1,151,157,499. However, today, Ripple is dealing with the market cap of $8,396,034,780 and 24-hour volume of $1,189,290,691.

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Ripple Price Prediction:

Ripple (XRP) Price
XRP/USD Chart By TradingView

Yesterday, Ripple to USD started the day at $0.190. The price slipped to $0.188 by a marginal 0.66%. The coin locked itself at the same level, but later, Ripple price dropped to $0.185 by 2.15%. Then, the price escalated to $0.190 by 2.90%. The XRP coin locked itself at the same level and further escalated to $0.190 from $0.189 by 0.47%. The intraday movement in the Ripple coin reflected a 0.23% price escalation. Today, the coin began the day with upsurge. The price counters moved from $0.190 to $0.193 by 1.40% hike. The currency slipped to $0.191 by 0.89%. After that, the XRP price moved to $0.194.

Currently, Ripple coin has already violated the immediate resistance level at $0.193. In the coming hours, the coin is speculated to breach the next resistance level at $0.194. The intraday traders are likely to close with a good digit in Ripple.

Resistance Level Price
R1 $0.193039
R2 $0.194977
R3 $0.197245
Support Level Price
S1 $0.188833
S2 $0.186565
S3 $0.184627

Ripple is a high potential coin, and the future of the currency looks quite promising. We would suggest the traders invest in the long-term investment for a better return.

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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