Ripple

Ripple has rebounded above level $1.40 as the price reached a high of $1.60. On April 30, the current push on the upside is facing rejection at the $1.60 resistance zone.

On April 23, XRP slumped to $0.87 low as bulls bought the dips. Ripple rallied to $1.17 high and resumed a range-bound movement between levels $1.00 and $1.15. XRP price was stable in the current price range for five days before the recent rally.

To many Bitcoin Investors and enthusiasts, the US Securities and Exchange Commission is a significant barrier to Bitcoin mainstream status.

Ripple (XRP) price continues its downward move after breaking the $1.20 support. Today, April 23, 2021, sellers pushed XRP to $0.87 low and pulled back. But the bears have continued to show the upper hand as the pullback was neutralized.

For the past week, Ripple has been in a downward move. The altcoin slumped from the high of $1.96 to a low of $1.20. XRP price slumps to the support of the 21-day SMA. If the 21-day SMA support holds, it is an indication of Ripple’s readiness to resume a fresh uptrend.

Ripple made an impressive run as XRP reached a peak price of $1.95 about 48 hours ago. On the same date, sellers pushed the XRP price to the low of $1.57.

Buyers have broken the former resistance level at $1.10 as price rallied to $1.68. Ripple price is making a series of higher highs and higher lows. On April 11, buyers made a pullback at a higher high of $1.496.

Ripple, a rather controversial cryptocurrency whose legitimacy was questioned in late 2020, has exceeded a $63 billion market cap for the first time since January 15, 2018, getting closer to overturning Binance Coin (BNB).

Ripple is trading below its recent pick price of $1.10. On April 7, XRP made a pullback after rejection from the recent high of $1.10.