Ripple price movement has been hampered lately. After the last month’s price crash, which took the XRP price down to $207, the currency started improving. The growth brought the price to $0.230, but the heavy price pullback is again taking it down.
At the time of writing the article, Ripple price was $0.222, with the market cap at $9,653,060,382 and 24-hour volume at $1,228,169,046. If we look at yesterday’s movement in price, XRP coin was spotted dealing at a high of $0.231324 and a low of $0.223183. The volume was marked as $1,241,659,373.
XRP Slips Below $0.225 Amid 2.47% Fall
Ripple price has dropped heavily from yesterday. The currency was at $0.231 on yesterday’s opening hour. The XRP coin price slipped to $0.229 by 0.82%. There was a slight improvement that brought the price back to $0.230. The currency locked itself at the same level and further dropped to $0.227 by 1.37%. There was a recovery of 1.76% in the later hours that brought the Ripple price to $0.231. The currency couldn’t hold itself at the level and fell to $0.222 by 3.93%. The closing hours took the XRP price counter to $0.225 by 1.32%. The intraday movement in Ripple reflected 2.47% regression in the coin. Today, Ripple price is falling tremendously. The price counters have moved from $0.225 to $0.222 by 1.32%.
Ripple is anticipated to have a great future. The coin might turn out to be the biggest competition for Bitcoin in some time. However, the current scenario is not impressive and the intraday might bring losses to the investors. The XRP coin is near the immediate support level and in some hours, it would breach the same.
| Resistance Level | Price |
| R1 | $0.230123 |
| R2 | $0.234794 |
| R3 | $0.238264 |
| Support Level | Price |
| S1 | $0.221982 |
| S2 | $0.218512 |
| S3 | $0.213841 |
According to Ripple predictions, the traders interested in the coin are recommended to opt for the long-term period. The specified time would bring a colossal profit to the traders.
