Ripple cryptocurrency started the day with a bearish note. A similar trend is still observed in the coin’s price movement. Most of the traders were eyeing for an upsurge of XRP price, but the coin continues to trade downwards. The price movement still hangs the possibility of the upsurge in the coming days.
Yesterday, XRP started dealing at $0.22482, with the movement being downwards. The price slipped to $0.21397 by 4.83%. The price escalated to $0.21784 by 1.82% hike. Then, again the price slipped and reached $0.20819 by 4.41%. After this price crash, the currency registered a moderate recovery of 4.26% and traded to $0.21702. Then, the coin price dropped to $0.21131 by 2.63% fall. The closing hours reflected a slight escalation in the price. The coin closed the day at $0.21436 by 1.46%. The intraday movement reflected a 4.65% regression in the price of XRP coin.
Today, Ripple began the day with an upsurge, and the price moved from $0.21436 to $0.21755 by 1.49%. The currency slipped to $0.211 by 2.77%. The price recovered and touched $0.21510 by 1.69%. The currency slipped again to $0.212 by 1.30%.
XRP price is likely to trade to the immediate support level at $0.207. The improvement possibility is barely thin; however, if the price trend reverses, then the immediate resistance level is formed around $0.221.
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The current scenario is indicating fluctuations in the upcoming days. The traders are recommended to stay put and wait for the rally in the coin.