However, Ripple XRP price has recovered from the price fall on the 24th of September fall that took the price down to $0.231 level.
Ripple XRP price movement: What to expect?
Once again, Ripple was able to jump higher on the twenty-day exponential moving average the previous day, but the bulls were unable to defend the price beyond $0.29227. This is indicative of greater profit.
The bears might attempt to put their best foot forward by sinking the price beneath the exponential and simple moving averages. In case they are able to do so, a fall to $0.24508 is a possibility. This support is significant as beneath this value, and retests could occur at the $0.22 mark.
Yet still, considering the twenty-two-day exponential moving average and the relative strength index looking rather positive, the bulls maintain the upper hand.
In case the support at these marks sustain themselves, the bulls may be able to overcome the resistance at the $0.29227 to $0.3068 levels. Success will allow the duo to slope upwards to $0.34229. Investors may be able to sustain their places at $0.24 mark.