Ripple (XRP) is trying to get back to its winning momentum since the start of the year. The price of XRP has shown great grit in pushing the bearish pressure away for the past 30 days though the bears had a stronger hold in the market. The price of XRP has been moving in the range between $0.23–$0.34 over the past 30 days.
XRP/USD Price Chart:
XRP price has shown a good recovery for the most part of the past 30-day price trend, though the bears got stronger during the month-end. XRP coin was trading at $0.2498 on Feb 04. Though the price managed to just be at the baseline price on Feb 09, taking the price of XRP to $0.2852, showing an upward swing of 14.41%. The bears started showing their stronger presence in the crypto market and took the price of XRP again below the baseline price to $0.2675 on Feb 11, the downturn being at 5.87%. This did not deter XRP from again shooting up in the upward range to $0.3354 showing a massive rise of 25.28%.
The bearish volatility kept getting stronger after that though XRP tried to hold its upward momentum for some time but the bears got the better near the end of the 30 day time period, pushing the price of the coin to $0.2321 on Feb 27 showing a downward movement to the extent of 30.80%. Today the price of XRP has shown a slight increase at $0.2369, the upward rise being at 2.07%.
Ripple has been one of the most consistent coins on the blockchain platform even under conditions of high volatility. The price has been trying to be in the upward range over the past 30 days and succeeding for most of the time. Analysts expect XRP to perform well during the year and get back more frequently to its original stable momentum.