The price movement of Ripple coin has quite been dramatic over the past few days. The downtrend in the currency disappointed the traders as they were eyeing for a strong price recovery. Well, it looks like the XRP coin has finally decided to fight the bearish pressure as on the intraday chart, the currency is exhibiting moderate growth. The movement by the end of the day might help the traders with good profits. However, the chances of the downside correction due to the pullback is still alive.
XRP Price Prediction
Yesterday, Ripple coin was trading at $0.252, and in the next 30 mins, the currency climbed to $0.254. Then, it dropped to $0.236 by a steep fall of 7.09% in the next two hours. Later, XRP price escalated to $0.245 by a 3.84% hike, and in the next 2 hours & 34 minutes, it dropped to $0.238 at 09:26 UTC. The price hovered around the same level and escalated to $0.244 by 2.96%.
XRP coin price fell to $0.223 by a huge fall of 8.47% at 16:48 UTC, but it soon improved to $0.235 by 5.33%, and in the next 20 minutes, it dropped to $0.227. After this moderate fall, Ripple price remained locked around the same level until the end of the day. The intraday movement reflected the 9.23% plunge in the price of XRP coin.
Today, Ripple coin price dribbled to $0.223 within the first hour. The currency escalated to $0.237 by 6.18% hike. The coin is likely to climb to the immediate resistance level at $0.247 in the upcoming hours.