Selling pressure on Ripple (XRP) continued above $1.10 support. In other words, the market fell above the 21-day moving average. Moreover, the XRP price has fluctuated between $1.10 and $1.25 over the past 48 hours.
The price of Ripple (XRP) is in a minor retracement after the bulls broke through resistance at $1.25. XRP has reached the high of $1.30 and has retraced. The uptrend will continue if XRP retraces and finds support above the $1.25 low.
The price of Ripple (XRP) has continued its sideways movement as the cryptocurrency falls to a low of $1.19. The uptrend is hindered by resistance at $1.25.
The price of Ripple (XRP) has traded marginally over the past four days. Initially, buyers intend to keep prices above the moving average. This will accelerate price action to retest or break the high at $1.20.
Ripple (XRP) has been fluctuating above the $1.07 support level for over a week now. It is also above the 50-day moving average line. Today, XRP is trading at $1.10 and continues its uptrend.
Ripple (XRP) is moving above the moving averages as the altcoin faces rejection at the resistance zone at $1.20. Today, XRP has fallen from the high of $1.20 to support above $1.08.
Ripple (XRP) has been in an uptrend for the past three days, but has been forced to move sideways. Currently, the cryptocurrency has been trading between $1.10 and $1.14 since October 13.