Ripple has swung for a bullish hike over the last 24 hours. The currency was consolidating around $0.17 for quite a time period now. The gain is 1.13% over the last one day. XRP coin may be able to retain this momentum for the next few days.
Over the last 7 days, the coin faced heavy fluctuations, and after hitting $0.163 on March 30, XRP price marked massive escalation, and on the first day of the ongoing month, it has breached $0.177 mark and continued to consolidate around the similar level.
Ripple Price Prediction
Yesterday, XRP coin opened the day around $0.1768, and over the initial 5 hours and 30 minutes, the value shrunk by 0.79% and got pulled down to the lowest point of the day at $0.1754. It was followed by a 6.44% price recovery that took the Ripple price to $0.1867 by 17:04 UTC. It was the highest point of the day for the currency.
After trading above $0.18, XRP faced steep fall, and between 17:04 & 20:30 UTC, it lost another 5.73% value, and this swing cost it $0.0107. However, towards the closing of the day, Ripple price started trading upwards again. By 00:41 UTC today, the coin added $0.0036, and the price touched $0.1796.
At the time of writing, Ripple coin traded with having support from its daily MAs, namely, 20 & 50-day MA. Its RSI figure is now at 57.02 points, and it has witnessed a slight improvement over the past few days. Investors may find Ripple’s value around 0.1832 USD over the next few days. However, if it reverses the trend, the coin may trade towards the next support around $0.1741.