Having performed more than 100 percent in the light of fundamental analysis, Ripple ( XRP), maintains its volatile price structure.
After coming from $ 0.93 to $ 0.665, the volatile movements did not stop. XRP continues to attract attention. Finally, the popular coin, which made contact with $ 0.698, came to $ 0.78 with the momentum it received from here. However, the fact that this value was just above an important vehicle area did not delay the sales-side transactions. The selling wave, which started at $0.78, brought the price to $0.748. Currently trading in the middle of the support-resistance zone XRP , how can I monitor a price structure? Which values are important to XRP?
Ripple (XRP) Technical Analysis
Continuing its upward pricing by touching the $0.70 band XRP However, it has not been able to sustain above $0.768 yet. The $0.761-$0.768 range is an important zone for the major coin. The levels that can be targeted by exceeding this point and spending time on it will be $0.831 and $0.877, respectively.
BTC depreciation, SEC case or any negative news about the ecosystem in general may pull XRP to support points. The levels where buyers are likely to play an active role in the XRP price are at $0.73 – $0.702 and $0.665, respectively. In particular, the failure of $0.665 to hold could push XRP down harder in the short-to-medium term.
