Ripple Price Forecast: XRP / USD Stays Below $ 1.00 USD

Ripple Price Forecast – As seen on the May 24 Daily chart, Ripple price is recovering from an intraday low of $ 0.74 amidst developing market sentiment. Key XRP / USD Market Levels: Resistance Levels: $ 1.25, $ 1.35, $ 1.45 Support Levels: $ 0.40, $ 0.35, $ 0.30 XRPUSD – Daily XRP Chart / USD, value after a major sell-off at $ 0.62 recently winning days. Currently, XRP / USD is changing hands at $ 0.86 as it has gained 9% since the European session. Despite the rise, it is still in decline since this time yesterday as the currency remains below the 9 and 21-day moving averages. Ripple Price Prediction: What Can You Expect From Ripple (XRP)? The price of Ripples has been hitting hard due to the recent market-wide sale with the price of the cryptocurrency which has erased the vast majority of its gains in recent months. Meanwhile, as this resistance level has been tested but the bulls have always retreated, a continuous move above $ 1.00 is needed to improve the tech situation and kick off the bullish ball for the coin. . However, the daily chart shows that the price increase is not far from the lower bound of the channel. This trendline has been tested several times as support, but once it is thrown the upward move should gain ground by focusing on the $ 0.1.25, $ 1.35 and $ 1.45 resistance levels as it could be support. It was found to be $ 0.40, $ 0.35 and $ 0.30, respectively. Compared to Bitcoin, Ripple price continues to move below the 9-day and 21-day moving averages around 2357 SAT. After reaching the highest level of today's 2368 SAT, the token later retracted and remained near the lower bound of the channel. Meanwhile, while the market price remains below the 9-day and 21-day moving averages, it can be said that the bears dominate the market as sellers continue to put more pressure. XRPBTC – Daily Chart If Ripple Price Drops Below Low Bounce

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