Ripple

The price of Ripple (XRP) has been trading at $1.07 for the past two days. The upward movement was slowed down by resistance at the recent high. The uptrend is doubtful as the XRP price has a series of lower highs and lower lows.

The United States Securities and Exchange Commission (US SEC) has already become notorious for its litigation against cryptocurrency companies. Ripple, Binance... Coinbase could be next. Is the regulator fighting the cryptocurrency business?

Today, Ripple (XRP) saw a sudden price spike to a high of $1.25. Today's price action resembles a vertical rally that is not supported by any fundamentals. XRP price broke through the 21-day line SMA and attempted to reach the overriding resistance at $1.40.

The price of Ripple (XRP) is falling back after hitting a new high of $1.41. At the time of writing, the cryptocurrency has fallen back to the low of $1.35. Should buyers succeed in pushing the altcoin above the recent high, XRP would have risen to $1.52.

The price of Ripple (XRP) is retesting its previous high of $1.30, looking to break it. For the past 48 hours, XRP has been struggling below the $1.30 resistance.

The settlement of the legal dispute between Ripple and the United States Securities and Exchange Commission (US SEC) is delayed. Nevertheless, the altcoin is still on the rise.

Following the attainment of its peak price, Ripple is in a downward correction as the price fluctuates between $1.05 and $1.30. Today, XRP is falling as it hits the low of $1.12. The current decline was rejected at the high of $1.19

The price of Ripple (XRP) has fallen to the low of $1.08 after several days of range-bound movement.

Today, the price of Ripple (XRP) retested resistance at $1.30, while altcoin fell back to a low of $1.20. Buyers retested the high at $1.30 to resume the uptrend. If the buyers are successful above the current resistance, XRP will rise to $1.80.