Ripple Fails to Rise; Stays Put around $0.25

  • Ripple stays idle at $0.254 with no rise in its value in the last 24 hours.
  • The next resistance for XRP may come around $0.2614.

Following the past trend, Ripple has stayed idle over the last day and its value has been stagnated at 0.25 USD. Though it has been through four price variations; the range of these variations was within 0.25 USD. It may have to wait longer for getting to its next resistance.

XRP to USD Price Comparison

Ripple fell by 1.95% as its first swing happened between 00:02 UTC and 08:06 UTC. This fall placed it at $0.2507, the lowest point of Ripple for the day. It was followed by a hike of 2.42% and it added an overall $0.0061 to the value and pushed the value to $0.2568, the highest point for the day.

This hike had a break after 2 hours and 42 minutes of initiation at $0.2544. Later it started weakening at 14:46 UTC and over the next 5 hours; it lost $0.0051 and reached $0.2517. At almost 17:26 UTC, it had a break on the said decline at $0.2520. The fourth swing came as a slight relief for the investors and Ripple recovered by 1.77% and it took the value to $0.2562 by 22:16 UTC. But this recovery even could not last long and a price correction started towards the closing of yesterday and by 03:14 UTC today it was down by 0.57% to $0.2547.

Ripple price chart
Ripple Price Chart by TradingView

Ripple Price Prediction

Ripple has not been very successful in fetching a good growth percentage since last many weeks now. It has grown a tendency of sitting idle or going against the market trend. However, experts’ predictions suggest a different pattern for XRP, and it may soon have a rally before this year ends. With this XRP to face the major resistance at $0.26 while, the support at $0.248.

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