TL;DR Breakdown Ripple price analysis reveals a hard struggle to stay above $1.05.Strong support is currently found at the $1.05 mark.Strong resistance is currently found at the $1.10 mark. Ripple price analysis reveals that the altcoin is struggling to stay afloat above the $1.05 mark. In the past 24-hours alone, the coin has seen quite a few dips but managed to stay above the $1.05 psychological barrier. Ripple is also following the market precedent set by the king Bitcoin and the queen Ethereum. At the time of writing, Ripple’s price stands at the $1.07 mark. Ripple price analysis 1-day candlestick reveals increased volatility The one-day candlesticks Ripple price analysis reveals that the volatility is increasing compared to the past week, and the situation is no different today. The upper Bollinger band is found at the $1.40 mark whereas, the lower Bollinger band is found at the $0.80 mark. Both the nine-day moving average (SMA 9) and the Bollinger bands’ average are currently serving as strong resistance points. XRP/USD 1-day candlestick price chart. Source: Trading View The nine-day moving average is found at the $1.18 mark, whereas the Bollinger bands’ average is found at the $1.10 mark. The relative strength index (RSI), on the other hand, is resting easy at the 52.45 score giving off a neutral sign and room for buyers to turn the bearish table in favor of bulls. XRP/USD price 4-hour candlestick cha...
