XRP coin has shown a significant decline in price. Over the last 24 hours, it has been down by 1.38% and falls to 0.2213 USD. It has shown three major price variations in this period, and the range of the variations is between 0.2252 USD and 0.2190 USD.

Ripple Price Prediction

Ripple cryptocurrency was being traded at 0.2244 USD at the opening of the day, and its first price variation happened between 00:53 and 09:00 UTC. In these 8 hours, XRP coin lost 1.87% value and got placed at 0.2210 USD. The next variation happened between 11:19 and 18:17 UTC, and in these 7 hours, the currency faced another slump of 1.88% that cost it 0.0042 USD and pushed the Ripple price to 0.2190 USD. It was followed by a 1.51% hike that added 0.0033 USD to the value and pushed XRP coin to 0.2233 USD by 02:59 UTC today.

XRP Price Analysis

XRP’s short-term MA stands at 0.22384 USD, and its long-term MA is now at 0.25772 USD. The current price of Ripple is at 0.2213 USD, which is 14.13% and 1.134% less than the long-term MA and short-term MA. The placement of current value below the averages hints at a continuation of selling pressure. Ripple may have to seek the support of 0.2189 USD as its next halt.

Ripple (XRP) Resistance and Support Levels
1st Resistance $0.2266
2nd Resistance $0.2289
3rd Resistance $0.2315
1st Support $0.2216
2nd Support $0.2189
3rd Support $0.2166

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