Ripple (XRP), which has performed more than 100 percent in the light of fundamental analysis, maintains its volatile price structure.
XRP, which did not stop its volatile movements after it came to $ 0.665 from $ 0.93, continues to attract attention. Finally, the popular coin, which made contact with $ 0.698, came to $ 0.78 with the momentum it received from here. However, the fact that this value was just above an important vehicle area did not delay the sales-side transactions. The selling wave, which started at $0.78, brought the price to $0.748. What kind of price structure can XRP follow, which is currently traded in the middle of the support-resistance zone? Which values are important to XRP?
Ripple (XRP) Technical Analysis
Continuing its upward pricing by touching the $0.70 band, XRP has not yet been able to sustain above $0.768. The $0.761-$0.768 range is an important zone for the major coin. The levels that can be targeted by exceeding this point and spending time on it will be $0.831 and $0.877, respectively.
Any negative news about BTC depreciation, SEC litigation, or the ecosystem in general could pull XRP to support points. The levels where buyers are likely to play an active role in the XRP price are at $0.73 – $0.702 and $0.665, respectively. In particular, the failure to hold $0.665 could push XRP down harder in the short-to-medium term.
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