Ripple XRP value had increased by approximately two percent yesterday while other altcoins are positioned in the green. While on the other hand, Bitcoin is bleeding, which is becoming a usual sight these past few weeks.
The relevant data for XRP at press time shows that it has a Market Cap of $9,546 billion and its volume over 24 hours is $1,4.505 million. XRP gained its value of $0.22 after the increase of nearly half a percent.
Ripple XRP price to $0.22
From the Ripple XRP price chart below, the XRP shows signals of being dominated by the bulls in the short term. The value of XRP is nearing the $0.22 mark after the rates dropped back down from yesterday.
Talking about the price forecast, both the relative strength index and the moving Convergence/Divergence were moving in the upward direction which confirms that continuing progress by buyers.
However, the overall image appears to be less promising because the bullish candle ended with a high wick. This meant that buyers weren’t able to fixate the growth of XRP.
The price went as high up as $0.22600 but unable to break through Ripple XRP stayed within the price range of $0.218 and $0.222 for quite a while now and is likely to stabilise here before taking another bullish run.
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