Ripple News (XRP News)

Ripple (XRP) Reflects 1.67% Loss Over the last 24 Hours

Ripple is currently retreating from the intraday high. The price of the coin is falling from quite a few days. However, there is a freeze observed in the XRP coin near the $0.22 mark. The same seems to help Ripple price from dropping any further. Yesterday, the coin was spotted dealing as high as $0.226251 and as low as $0.221276. The volume was marked as $1,191,690,782.

Ripple Price Prediction

Ripple Price PredictionYesterday, Ripple cryptocurrency started dealing at $0.225. The coin escalated slightly by 0.27% and touched $0.226. The XRP price fell immediately post the same to $0.221 by 1.83%. There was a slight recovery spotted in the coin that took XRP price to $0.224 by 1.04%. Then again, the price dropped to $0.219 by 1.89% fall. Ripple tried to recover and reached $0.221 but again dropped to $0.220 by 0.62%. The final hours of the day took XRP coin to $0.223 by 1.64%. The day-long movement in the coin brought 0.72% regression. Today, Ripple exhibited a similar pattern. The currency jumped to $0.224 by 0.36% and then slide to $0.221 by 1.52%. The XRP coin touched $0.222 and then returned to $0.221 level.

Ripple price is currently trading around its immediate support level. There is a possibility for the coin to touch the next support level at $0.218. However, if the momentum reverses, then the coin would climb up to the immediate resistance level at $0.230. The currency is recommended for long-term investment. The same is speculated to give massive results to the traders.

Resistance Level Price Support Level Price
R1 $0.230123 S1 $0.2219
R2 $0.2347 S2 $0.2185
R3 $0.2382 S3 $0.2138

Edward Nash

Edward Nash is an editor and analyst with over 10 years of financial market experience. Prior to joining CoinNewsSpan, he worked in several famous financial institutions. He has been active in the cryptocurrency market since 2011, specializing in technical analysis of current crypto trends and offering analytical opinion-based pieces.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button