Ripple

Ripple has resumed a sideways move after it was resisted at the $0.66 resistance. XRP was repelled twice after the recent rally.

Today, Ripple is falling and trading at $0.58 at the time of writing. The coin is falling to retest the previous low at $0.57 or perhaps it may further decline.

After the November 26 breakdown, Ripple corrected upward and resumed a sideways move below the overhead resistance. The bulls could not retest the $0.75 overhead resistance as the coin was repelled at $0.65.

Following the rejection at the $0.75 overhead resistance, Ripple plunged to $0.459 low and then resumed consolidation between $0.48 and $0.66.

Ripple has resumed an upward move after finding support above $0.52. The altcoin has risen to the $0.70 resistance zone and it is facing another rejection.

Ripple has fallen and found support above $0.52. On November 24, XRP declined because of the presence of a long candlestick wick which suggested a downward movement of the coin.

On November 24, Ripple rallied to $0.78 high but pulled back to $ 0.70 low. The altcoin is repeating the price action of September 17, 2018. In that price action, the crypto rallied to $0.79 high.

Following its breakout on November 16, the bulls have consistently sustained the upside momentum for Ripple (XRP) coin, November 24, 2020.

Ripple bulls have recovered from an earlier downtrend as the coin rebounded on November 19 to rally above $0.305 resistance. In other words, the bulls buy the dips to push XRP above the $0.305 high.