Price Analysis

Ripple (XRP) Records a 1.45% Slump Overnight

Ripple has shown a decline of 1.45% over the last 24 hours, and the price has now gone as low as 0.2502 USD from 0.2539 USD. It has been through three major price shifts in this period.

Ripple Price Prediction

XRP coin opened the day at 0.2539 USD, and its first variation happened between 01:17 UTC and 10:31 UTC, and in these 9 hours and 14 minutes, Ripple price got decreased by 3.94% to reach 0.2478 USD. It was followed by a 2.18% hike that added 0.0054 USD to the value and pushed XRP price to 0.2532 USD by 18:06 UTC. The last variation of the coin happened between 18:06 UTC and 00:16 UTC, and in these 6 hours and 10 minutes, Ripple lost 1.94% value to reach 0.2483 USD.

Ripple
XRP Chart By TradingView

Ripple’s market cap on November 20 was 10.884 billion USD, and it has been increased to 10.967 billion USD over the last 24 hours.

XRP coin’s 20 days MA stands at 0.2506 USD, and its 50 days moving average is now roaming around 0.2510 USD. Both the moving averages are going well above its current price, and it shows a weakened position of Ripple.

Ripple (XRP)Resistance and Support Levels
1st Resistance$0.256891667
2nd Resistance$0.262419333
3rd Resistance$0.265699667
1st Support$0.248083667
2nd Support$0.244803333
3rd Support$0.239275667
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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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