Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Ripple Price Analysis: Bulls Finding Support near $0.255 Mark

Tags: currency

The Currency is trading at the value of $0.255333 and the price is up by 0.64%. The market capitalization of the currency is $10,985,558,815 and the 24-hour volume is $796,284,908. The circulating supply of the currency is 43,024,433,511 XRP and the ROI of the currency is 4,246.95%.

The currency remains at the value of $0.255 since August 28, 2019, and earlier the currency’s value is decreased by 0.06% in the previous 24-hours. The currency is trying to reach towards the of $0.2581 and $0.26 but it is not happening. However, the experts are positive that the currency will achieve bullish moves by the end of this year. Currently, the currency is showing a lot of ups and downs in the market.

XRP Price Analysis: Yesterday, Ripple’s value increased by 0.81% and achieved the value of $0.2562 between the time 00:05 UTC and 03:45 UTC, but it doesn’t maintain its bullish movement for long. In later 6 hours and 39 minutes, the currency lost around 0.0040 ns reached up to $0.2522, which is the lowest of the day. However, the currency again went bulls around 10:24 UTC and increased 1.73% achieving the value of $0.2566.

The currency again fluctuates and this time the value of fluctuation is $0.0035 and it occurred inside the time range of 17:05 UTC and 20:08 UTC. The last fluctuations in the value bring some relief to its traders and the value increased by $0.0030. The value reached around $0.2561 at the time of 00:09 UTC.

Experts are positive that the value of XRP will find resistance near the values of $0.2581 and $0.26 soon. The currency has enormous users, it will eventually increase the short-term and also gets support for medium-term. The traders are waiting for the next bullish rally of XRP. The resistance levels of the currency are $0.256872333, $0.258193667 and $0.26006133 and the main support levels are $0.253683333, $0.251815667 and $0.250494333. However, the SMA of the value is below for the continuous four days, but 4-hour chart 50-day SMA is forming a resistance. The technical analysis is neutral.

This post first appeared on Coin Market, please read the originial post: here

Share the post

Ripple Price Analysis: Bulls Finding Support near $0.255 Mark


Subscribe to Coin Market

Get updates delivered right to your inbox!

Thank you for your subscription