Ripple price has not budged even a bit by the moderate uptrend in the market. Over the last 24 hours, XRP coin has followed the reverse trend and lost 0.52%. It is currently locked at 0.1912 USD.
XRP coin started the year with 0.1922 USD and over the initial 6 hours and 40 minutes; it managed to sway away with an uptrend to add 1.40%. This variation pushed the price to the highest point of the day at 0.1949 USD. However, good moments for Ripple were scarce on January 01, 2020. The next swing was a fall of 1.08% that dropped the XRP price to 0.1928 USD by 12:00 UTC. The next few hours were full of price fluctuations and gave nightmares to intraday traders. However, Ripple price stabilized at 0.1944 USD by 14:30 UTC only to find a way through the slope to lose another 1.39%.
XRP Struggles Near SMAs
XRP’s market cap has reflected the struggle of its stand against USD. The market cap on January 01 was 8.349 billion USD, and it has been confined to 8.322 billion USD over the last 24 hours.
Ripple’s 20 days MA (0.1921 USD) and 50 days MA (0.1918 USD) are leading the trend with a decent gap from the current price. On the basis of Ripple Predictions, the coin may not get to grow with any decent marks anytime soon.
Resistance and Support Levels
R1: $0.19398, R2: $0.19530 and R3: $0.19623
S1: $0.19172, S2: $0.19079 and S3: $0.18947
