Ripple

Today, the price of Ripple (XRP) rallied after testing crucial support at $0.76. Ripple's price has been flat since the December 4 plunge.

The price of Ripple (XRP) is rallying above support at $0.76. The bears previously dropped XRP to the lows of $0.57, but the bulls bought the dips as shown by the long candlestick.

The price of Ripple (XRP) is in an uptrend, reaching the high of $0.83. Buyers have a tough task ahead to take XRP above the $1.10 resistance and above the moving averages.

The price of Ripple (XRP) remains in a downtrend as XRP trades below its moving averages. The cryptocurrency tends to fall as long as it is in downtrend territory.

On November 26, the price of Ripple (XRP) fell to a low of $0.90 as the bulls bought the dips. Over the past four days, Ripple has shown signs of recovery as buyers have pushed the altcoin to previous highs.

Ripple (XRP) has reached bearish exhaustion. At the time of writing, XRP is trading at $1.03. Since November 18, the price has remained unchanged above $1.00 support.

Ripple (XRP) has fallen to the low of $1.01, while the price is again fluctuating between $1.01 and $1.10. Today, bullish candlesticks are moving above the $1.00 support, suggesting a possible upside move.

Ripple (XRP) is in a downtrend as the price drops below the 21-day and 50-day moving averages. This means that further selling pressure is inevitable. Today, Ripple has fallen to the low of $1.01.

Ripple (XRP) has been steadily falling as the price drops below the 21-day moving average but holds above the 50-day moving average. Once the 50-day moving average is broken, the downtrend will resume.