Following the recent rebound above $0.22 support and the subsequent rise above $0.24, Ripple has resumed a sideways move below the 0.248 resistance.
The range-bound movement becomes necessary because buyers have failed to push the price above the $0.248 resistance. As a result, XRP has been on a sideways move for the past week. Each time, XRP retests the resistance zone, the price will fall to $0.238 support and resume upward immediately.
Info link:
https://coinidol.com/ripple-push-upside/