Ripple Price Rises Steadily Toward the $0.40 Resistance Level
Published in
Dec 8, 2022
- Ripple price analysis indicates an uptrend
- XRP is currently trading at $0.3862
- Support levels are present at $0.35 and $0.30
Ripple price action has been performing well over the past few days, with most cryptocurrency prices bullish today. XRP has extended gains towards an intra-day high of $0.3895, gaining by 1.55% in the last 24 hours. Ripple’s trading volume has declined by over 20%, currently at $712,637,192.The altcoin is down by 3.77% in the last seven days.
Looking forward, there are several key support levels that XRP will need to break before further gains can be expected. These include $0.35 and $0.30, which may prove challenging for this cryptocurrency, given its current bullish momentum. However, with many altcoins currently trading in the green, further gains are possible for XRP in the short term.
