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Cryptopolitan 2021-09-18 02:40:29

Ripple Price Analysis: XRP retests $1.05 support, bulls aim for higher lows

TL;DR Breakdown For today, the Ripple price analysis is optimisticXRP/USD found support at $1.05 overnight.Ripple shows signs of incoming rally For today, the Ripple price analysis is optimistic, as support was discovered around the $1.05 level overnight after failing to advance yesterday. As a result, we anticipate XRP/USD to increase in momentum over the next 24 hours and attempt to return to the $1.20 resistance line. The entire market was in the red over the past 24 hours. Bitcoin went down by 0.361 percent, while Ethereum lost 4.12 percent. Gainers included DOGE and Solana. Ripple price movement in the last 24 hours: Ripple finds support at $1.05 again The price of XRP/USD is currently trading in a range of $1.05 to $1.07, implying little volatility over the previous 24 hours. Ripple’s daily trading volume fell by 1.173 percent and stands at around $3 billion. The total market capitalization has fallen by 2.31 percent and stands at $49 billion, ranking the coin at position #6 overall. XRP/USD 4-hour chart: XRP starts to move higher again After retesting the $1.07 support, the XRP/USD price attempts to rally higher once again on the 4-hour Ripple price analysis chart. XRP/USD 4-hour chart. Source: TradingView The Ripple price behaved erratically over the previous week. After gradually rising to $1.40 on the 6th of September, a rapid downturn ensued during the next 24 hours. Ripple fell more than 30%, with the $1.05 ...

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