Ripple

Despite the initial failure to break the $0.20 resistance, the bulls faced another rejection at the same resistance.

Ripple is making positive moves after its recent rebound above the $0.19 support. The coin rebounded twice to reach the $0.207 high.

In its current upward movement, Ripple has been consolidating between $0.195 and $0.205 after the bull failed to break the $0.21 resistance. Before now, buyers were able to push XRP to $0.21 high because the coin rebounded and rallied to $0.21 high on July 8.

Ripple is now consolidating above $0.195 support but below $0.205 resistance. This is because of its recent rejection at the $0.21 resistance.

Ripple upward move has gathered momentum as price broke the previous resistance and reached a high of $0.21. In the last 48 hours, the bulls were unable to break the $0.205 resistance.

According to the previous analysis, Ripple has rebounded again at a low of $0.185 to reach a high of $0.205. XRP has earlier rebounded to break the price range between $0.17 and $0.18.

Finally, Ripple bulls have broken out of the previous price range of $0.17 and $0.18. This impressive move was made as the coin rebounded above the $0.175 support. The price rallied to $0.19 resistance.

For the past week, Ripple has continued to sustain an upward move after falling to a $0.17 low. The bulls ‘buy the dips’ and pushed the coin to $0.18 high.

For the past week, Ripple bulls have continued to sustain the upward move. The bears sank the XRP to the low of $0.17 since then the bulls have been attempting to break the $0.18 resistance but were repelled.