Ripple is range-bound between levels of $0.23 and $0.26. Since September 2, the coin has been fluctuating between $0.22 and $0.26. Nonetheless, on October 2, the price fluctuations narrowed to $0.23 and $0.26. The coin is still on a downward move.
In the last 48 hours, buyers broke the $0.26 overhead resistance but the bullish momentum reached the price at $0.26392 before it was repelled. Since September 25, XRP has not been able to trade above the overhead resistance.
Ripple (XRP) price analysis, October 22, 2020. For the past two days Ripple has been making a steady upward move. Today, October 22, buyers have retested the $0.26 overhead resistance but failed to break the resistance.
The rejection at the $0.26 overhead resistance has reached a low of $0.24 as the price falls into the bearish trend zone. Today, the crypto’s price is fluctuating above $0.24.
Ripple has resumed a downward move as bulls fail to break the $0.26 resistance. The coin was compelled to a sideways move between $0.248 and $0.26 while buyers made several attempts to breach the overhead resistance level.