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- XRP is performing negatively in the market with a gradual loss in its prices.
- Ripple prices were trying their level best to prevent themselves from falling below the level of $0.18500 but failed.
- The XRP/BTC pair is not performing well and suffering from the negative change of -1.88 % bringing the level to 0.00002723.
The XRP prices were trying hard to climb up but end up suffering a major plummet due to the bearish presence in the market and unable to climb gradually above the current crucial resistance level of $0.1900.
Currently, prices are falling below due to the resistance line the range of $0.18500 and it seems like they are having serious trouble in putting a stoppage on the continuous fall.
If Ripple prices break the price level of $0.18300 and maintained its current nature then one of the XRP will straight up falling on the level of $0.1800.
The current market capital of Ripple is $8,090,710,290, with volume traded of $1,965,181,921 USD and the circulating supply of 44,073,177,235 XRP.
Ripple (XRP) Price Analysis
Source:tradingview
The Technical chart reflects that XRP prices did try to make a comeback in the market but facing bearish momentum in the current negative trading level end up leading for a further fall.
The technical indicators and oscillators are showing an increase in the selling volume of the cryptocurrency. As prices are trading with the bearish momentum, prices are again showing negative signs as there is a decrease in the buying volume of Ripple.
The MACD levels are showing that there is an increase in the buying volume of the cryptocurrency and the level is slightly overtaken by the buying volume. Yet the bearish presence is very strong to counter.
The 24hr – RSI is trading in the bearish zone below the crucial level of 50 after taking a negative divergence from the mark of 50.
The 24hr-CCI is at the bottom of the normal region zone after coming down due to a heavy plummet.
Resistance Level: $0.18400
Support Level: $ 0.18300
