Ripple Faces Roadblocks, Loses 3.7% Over a Day

• Ripple saw a decline of 3.7% in the last one day.
• The next resistance for XRP may fall at 0.3025 USD.

Following the market trend, Ripple (XRP) also has lost 3.70% over the last one day. The value of  XRP coin against USD has now gone well below 0.3 USD. It has shown three major price shifts in this period in a range between 0.3019 USD and 0.2850 USD.

XRP to USD Price Analysis:

Ripple’s first swing started at 00:01 UTC and over the next 8 hours and 50 minutes, it lost 0.0169 USD to be placed at 0.2850 USD, the lowest point of the day. It was followed by a hike of 3.47% that added 0.0099 USD by 18:28 UTC. The last variation happened between 19:00 UTC and 23:34 UTC and this swing added 0.0056 USD to push the value to 0.2965 USD.

Like the value of each coin, the market capitalization also has struggled in the last 24 hours. The market capitalization on October 18, was 12.756 billion USD whereas it was down to 12.559 billion USD today.

Ripple Price Prediction:

XRP’s 20 days average stands at 0.27234 USD whereas the 50 days average is now at 0.26631 USD. The XRP current price at 0.2907 USD is 9.15% and 6.74% more than the 20 days average and 50 days average respectively. XRP’s next resistance may come at 0.3025 USD. To know more about the Ripple price and its prediction, you can visit the forecast section for more details.

Resistance and Support Levels: