Ripple Reaches Its All Time Low Since June
Ripple Reaches Its All Time Low Since June – Ripple coin is seen trading below the baseline with the trading price of $0.25563 and is declining drastically at -3.37 rate. Past few days the market is non-stop exhibiting a privileged bearish market on most of the alt-coins. Currently the crypto market is under bearish influence because of many technical factors. Ripple the third-largest coin in the market, is down by 10% over the last 24 hours. The coin may fall further over the next few days. This is due to its all time low on 14th August 0.2364 since June. The coin aims at testing the areas of support level.
XRP/USD Price Analysis And Forecast For August 16th 2019 – dipping to bears. The pair fall in the rate of -3.35%. The Moving Averages at 0.26155 depict well versed bearish trend-lines. The MACD’s orange and blue ranging at -0.00239 and -0.00241 indicate bears taking over the market. The RSI at 32.66 is struggling to move away from the area of support. The price may range from $0.25563 – $0.25400
The current fall may have a correction of bulls taking over the market and sellers intending to reach areas of resistance. The price then may range from $0.25563 – 0.25650.