Ripple

The price of Ripple (XRP) is in a downtrend as the price is falling below the moving average lines.

The price of Ripple (XRP) is trading in the uptrend zone as the altcoin drops below the 21-day line SMA. On August 14, buyers pushed XRP to the high of $0.39, but were rejected.

Since July 31, the price of Ripple (XRP) has been bumped off $0.39 overhead resistance. XRP is trading in the bullish trend zone as it consolidates above the moving average lines.

Ripple (XRP) price is trading in the bullish trend zone and above the moving average lines. The bottom line is that XRP will continue to rise as long as the price bars remain above the moving average lines. After rejecting the resistance at $0.39, XRP is fluctuating above the 21-day line SMA.

Today, the price of Ripple (XRP) continues its upward movement above the moving average lines. The current support holds as the market reaches the high of $0.37.

On July 30, the price of Ripple (XRP) rose to a high of $0.41, but the bulls failed to maintain the upward momentum above the recent high.

The price of Ripple (XRP) continues its uptrend for the third consecutive session, breaking through $0.38 resistance.

Ripple (XRP) has fallen as buyers have failed to keep the price above the high of $0.38. This is the second time XRP has faced the rejection of the $0.38 overhead resistance. The cryptocurrency was previously rejected at the $0.38 high on June 24.

Ripple (XRP) continues to move in the uptrend zone as prices have risen above the moving average lines since July 19.