Ripple price movement is badly affected by the bearish market. The coin started the week at $0.228, and now, it is currently trading at $0.218. The entire crypto market is experiencing a similar kind of pressure. The same is anticipated to last for some time. The speculated improvement is still hanging in the balance. The XRP coin might be seen holding up to the ongoing trend for some more time.
XRP Drops & Breaches Support at $0.218
Yesterday, Ripple started dealing at $0.223. The coin dropped tremendously and touched $0.217 by 2.77%. The price reflected recovery immediately and jumped to $0.220 by 1.50% hike. Further, Ripple price slipped to $0.218 by a marginal drop. Then, the price escalated to $0.222 by 1.76%. After that, the currency dropped to $0.219 by 1.49%. The XRP price escalated to $0.223 by 1.64%. The coin couldn’t hold itself and fell to $0.218 by 1.79%. The intraday movement brought 1.89% regression in the price of Ripple cryptocurrency. Today, XRP’s price jumped to $0.220 and then dropped to $0.129 by 0.35%. The currency jumped to $0.220 by 0.48%.
XRP coin began the day with a hope of improvement. The hopes were shattered soon, and the coin is spotted at $0.218. Ripple has breached the immediate support level and is heading towards the next level at $0.216. As per Ripple forecast, the interested traders are recommended to invest from a long-term perspective.
| Resistance Level | Price |
| R1 | $0.2220 |
| R2 | $0.2242 |
| R3 | $0.2257 |
| Support Level | Price |
| S1 | $0.2183 |
| S2 | $0.2167 |
| S3 | $0.2145 |
