Based on the data of the last five days, on 29th August, the highest of the touch down price was seen at $0.26162 at 17:30 UTC. Ripple price dropped by 3.08% by 30th August at 19:10 UTC with the trading price of $0.25357. XRP price saw an increase of 2.56% from then on 31st August at 21:50 UTC trading at $0.26010.
However, the Ripple price was dropped again by 2.43% yesterday, 2nd August at 08:20 UTC when the XRP price was seen at $0.25377. By 21:25 UTC, the value was escalated by 4.17% trading at $0.26434. The price of Ripple from then is dropped by 1.73% today at 10:05 UTC.
Ripple is trading under bearish pressure. For new traders, this may be a perfect time to buy XRP coins. Considering both short-term and long-term speculation, traders may need to hold for a short time to appreciate considerable returns.
Traders should consider the following calculated resistance and support levels for safer trade: