Ripple

The price of Ripple (XRP) is falling as it approaches its previous low at $0.51. Today, XRP is trading at $0.53 at the time of writing. The market will reach the oversold region if the selling pressure continues.

Ripple's (XRP) downside move appears to have subsided as price consolidates above $0.59 support. Bears have retested $0.59 support on three occasions, while bulls have bought the dips. Crypto upside has been restricted below $0.62 resistance.

The price of Ripple (XRP) has been consolidating above support at $0.62 for the past five days. The crypto had corrected higher, but buyers failed to maintain bullish momentum above the $0.70 high.

Ripple (XRP) has reached bearish exhaustion as price retook the previous low above $0.58 but pulled back above $0.60. Selling pressure appears to have abated as price consolidates above current support.

Ripple (XRP) is correcting higher as the market hits the high of $0.67. On June 22, the bears broke below the previous low at $0.65, which led to the crypto reaching the low of 0.51.

The price of Ripple (XRP) is in a downtrend after rejecting the high at $0.73. The recent uptrend to the high at $0.73 allows the bulls to rally above the previous low at $0.65. However, the uptrend has ended.

The price of ​Ripple (XRP) is struggling to break above $0.65 resistance. Recently, the bears broke the previous low at $0.65 as the price hit a new low of $0.51.

The price of Ripple (XRP) has corrected upward to retest the $0.65 price level. It is likely that the cryptocurrency will face renewed selling pressure if it is rejected at the recent high. On June 22, the bears had earlier broken the previous low at $0.65.

Ripple's (XRP) price has slumped to $0.57 at the time of writing. At the same time, the bulls buy the dips to resume upward but the selling pressure has overwhelmed the bullish move. This renewed selling pressure was caused by the crypto’s confinement in a range.