Cryptocurrency analysts of Coinidol.com report, Ripple (XRP) has remained stable, trading above the $2.00 support and below the $2.80 resistance level.
The XRP (XRP) price has paused after reaching a high of $2.87 on December 2. The uptrend has continued as the cryptocurrency retraced and found support above the 21-day SMA.
The price of XRP (XRP) has risen significantly after hitting the $3.00 mark on December 2. The altcoin retraced above $2.17, although bulls bought on dips.
The price of Ripple (XRP) has maintained its uptrend and reached a high of $1.95. The cryptocurrency is recovering from its downturn after breaking through the $1.00 and $1.40 resistance levels.