Ripple price was trading at $0.25395 at 08:51:13 UTC, which is below the baseline on 2nd September 2019. XRP coin started trading above the baseline from the beginning of September with $0.25973 at 01:09 UTC. Then, XRP price has dropped by 3.07% at 17:45 UTC yesterday with the trading value of $0.25175. Ripple price then escalated by 2.56% at 21:38 UTC when the price changed to $0.25817, which is dropped by 1.62% from then as of now.
XRP coin is trading with strong bearish nature from past few days. For new traders and entrants, who wanted to invest in Ripple, this might be an ideal time to buy XRP coins. Considering both short-term and long-term investment, traders might just have to wait a little while to enjoy some returns.
The calculated resistance and support levels will help you to evade uncertain losses:
- R3: 0.265726
- R2: 0.262693
- R1: 0.260373
- S1: 0.25502
- S2: 0.251987
- S3: 0.249667
However, traders have high hopes from Ripple, but currently XRP coin is trading under market pressure, and hence, it might be difficult to gain massive returns from the coin as of now.