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Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Rockalo on June 18, 2021, 07:42:32 PM

Title: Ripple Slumps to $0.82, Resumes Consolidation above It
Post by: Rockalo on June 18, 2021, 07:42:32 PM
Ripple's (XRP) price has fallen to the support above $0.82. In the first instance, buyers intended to push XRP to the previous highs but were stopped at a lower high of $0.93 on June 14.

Immediately, XRP declined to a $0.82 low. A similar rejection occurred on June 9 at the same price level while the altcoin was making an upward correction.

If XRP has broken above $0.93 resistance in the two previous corrections, the market will rise to retest the resistance at $1.10. Nonetheless, if the bulls overcome the $1.10 resistance, Ripple will resume upside momentum. In the meantime, sellers have the upper hand as the crypto dropped to the previous low at $0.82. XRP/USD is likely to be range-bound between $0.82 and $1.10 if these levels remain unbroken. More information: please click here (https://coinidol.com/ripple-slumps-0-82/)