Price Analysis

Ripple (XRP) Struggling to Cross Next Resistance $0.296

XRP on the Downtrend Spree; Price Hovers Below $0.295

  • Ripple price reflects marginal loss for the intraday traders.
  • The market slowly crawling up, and there is a possibility that it could take XRP price up.

Ripple price movement has always managed to satisfy the traders in the crypto market. The recent change in the momentum has caused a pullback pressure in the coin. The same is taking the price down. The current price of the XRP coin is $0.294. The intraday movement might remain locked around the same level.

Ripple Price Prediction

Ripple started yesterday at $0.29623. The currency escalated to $0.29709 by a slight growth of 0.29%. Then, the price slipped to $0.29042 by 2.20%. There was an immediate recovery in the XRP coin that took it to $0.29534 by 1.69%. The rest of the day registered a slight fall. Ripple closed the day at $0.291. Today, it started the day with an escalation. The currency jumped from $0.29162 to $0.29327 by 0.57%. Further, XRP price fell to $0.29068 by 0.90% and later again picked up and touched $0.29454 by 1.33%.

Ripple Price
XRP Chart By TradingView

Ripple price started the day with a slight uptrend, which couldn’t last long. The current scenario of the market is giving mixed indications for the intraday traders. There is a strong possibility of the uptrend in the XRP coin. Short-term traders should consider the following levels to avoid any misfortunes in trading:

Resistance Level Price
R1$0.296017
R2$0.300772
R3$0.304372
Support Level Price
S1$0.287662
S2$0.284062
S3$0.279307

XRP is counted among the most result-oriented coin the crypto market. The coin is likely to give the optimum result to the long-term traders.

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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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