TL; DR Breakdown Towards the closure of yesterday’s Ripple price analysis chart, the XRP/USD experienced downswings and upswings.Most parts of the heat map are green which is a signal of a bull market.The Bollinger bands are a narrow indication that the price is undergoing low volatility. Ripple price analysis: General price overview Ripple’s five-day price analysis shows that the market is moderate. Ripple price has seen a 12 percent increase in the last seven days. The ripple 5-day price analysis chart started in a bear pressure that saw the coins dropping before the bulls created solid support that reversed the dangerous market trend. Since then, the market has traded moderately, both buyers and sellers dominating the market. The moving average lines converged at one place on the 1st of this month; this indicates that more buyers intend to buy the coin; in addition, the short-term line crossed above the long-term Moving Average, indicating high bullish pressure. The Bollinger bands are a narrow indication that the price is undergoing low volatility. However, the price of the XRP/USD pair was at the middle range of the in the band, signaling a middle market. XRP/USD price movement in the last 24 hours Towards the closure of yesterday’s price analysis chart, the XRP/USD experienced downswings and upswings. The price seemed to be highly volatile, as evidenced by the wide Bollinger bands. Today the price started wi...
