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Ripple XRP Price Analysis and Market Update

by icosuccess
, Ripple XRP Price Analysis and Market Update

Ripple (XRP), the cryptocurrency for cross border remittance, established a new low price (0.23650), which is lower than that seen during the crypto winter of 2018 (0.24653).

Although the impressive figures during a period considered the crypto spring, it has not been smooth sailing for Ripple, as the price of XRP in recent days have also followed the bearish trend plaguing most cryptocurrencies.

XRP trades within a range between $0.29354 resistance limit, and $0.2365 support against the U.S. Dollar.

The recent and massive price slump is believed to have taken place due to Bitcoin’s pullback considering that Bitcoin (BTC) traded below $10,200 recently.

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