Ripple

Despairingly, Ripple drops again after failing to jump over $0.22. The Market has taken a new shape, as price broke the $0.20 support level. The bear movement is ongoing as the price reaches a low of $0.19. Without any doubt, the coin is likely to find support at a low of $0.18.From the look of things, the bears are still in control of price.

Notwithstanding the price fluctuation, XRP has been trading consistently above the $0.22 price level. This is an added advantage for the bulls to bounce at this price level. This can be done by the introduction of more buyers at this price level.

Ripple (XRP) is fluctuating below the resistance at $0.23. The XRP stands the risk of depreciation if the price at $0.20 is broken.

The XRP/USD pair is trading amid the levels of $0.20 and $0.23. It is assumed that consolidation may occur at a price of $0.22.

Ripple (XRP) is making an impressive move but may face resistance at $0.23.

The Persistent tussle between the bulls and bears over the support at $0.22 has given the bears an advantage over the bulls. Buyers could not sustain hold above the support because of the absence of buyers at the previous highs. Yesterday, XRP dropped suddenly to $0.21, but a pullback was not sufficient to keep the coin above the $ 0.22.

Ripple's impressive run is over as buyers are overwhelmed after an initial uptrend. Thereafter, the price commenced dropping gradually from $0.02330 to $0.22138. Ripple depreciated as a result of the absence of buyers. However, Ripple fell and found support at $0.22 which may face further selling.

Ripple (XRP) trades above the $0.22 support level. Ripple price may rally above $0.24 if more buyers come in at $0.22 price level.

XRP survived the recent decline but the coin is still under pressure in the bearish trend zone. The coin jumped from the low of $0.20 to $0.22 just in two days but struggles below the $0.23 resistance level.