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- The cryptocurrency is performing positively in the market with a slight gain in its prices.
- Ripple prices are up surging towards the crucial level of $0.1800.
- The XRP/BTC pair is performing negatively with the overall loss of -1.62 % bringing the level to 0.00002754.
The XRP prices climbing gradually towards the current crucial resistance level of $0.1800
Currently, prices are trading above the range of $0.1700 and it seems they can maintain this steady climb. If Ripple prices break the resistance level of $0.1800, they can have the desired bullish momentum.
XRP prices are maintaining their upsurge by the support of the price level of $0.1600. With the help of this crucial price level, XRP managed to find a breakthrough and currently, it seems like Ripple also acquired the support of $0.1700.
The current market capital of Ripple is $7,625,757,578, with volume traded of $2,194,458,949 USD and the circulating supply of 43,935,664,307 XRP.
Ripple Price Analysis
The Technical chart reflects that XRP prices are trying to make a comeback in the market but facing variation at the current trading level.
The technical indicators and oscillators are showing an increase in the selling volume of the cryptocurrency. Even after trading with bullish momentum prices are again showing negative signs as there is a decrease in the buying volume of Ripple and bulls are making a pact with XRP’s momentum.
The MACD levels are showing that there is an increase in the selling volume of the cryptocurrency and the level is overtaken by the selling volume. It is also clear that buying volume catch up with it, indicating that there could be chances of positive trade
The 24hr – RSI is trading in the bullish zone above the crucial level of 50 after taking a positive divergence from the bearish zone.
The 24hr-CCI is in the normal zone after coming up from the overselling region.
Resistance Level: $0.1800 and $0.1750
Support Level: $ 0.1700 and $0.1600
