Ripple

Recently, the Ripple bulls rebounded and rallied to $0.325 high but could not continue the uptrend. XRP encountered a sharp decline at the recent high and price dropped to $0.241 low.

Today, Ripple has hit above the $0.26 price level at the time of writing. Earlier on, buyers have been pushing XRP from the previous overpriced level of $0.235. The coin bounced above $0.23 to break the $0.235 resistance.

Despite Bitcoin offering unprecedented decentralization and security, its network has one significant flow, namely, the transaction speed. A single transaction processing can take up to 10 minutes. But why is this happening?

Today, Ripple has successfully breached the overhead resistance of $0.235 and rallied above $0.24 high.

In its recent uptrend, Ripple breached the resistance at $0.21 as the market reached a high of $0.23.

Ripple in its uptrend has breached the resistance at $0.20 and $0.205 but has failed to break the resistance at $0.21. Buyers have retested the resistance at $0.21 twice without breaking it.

Ripple has made another push into the previous highs as price broke the resistance at $0.20. Before now the coin has been range-bound between $0.19 and $0.20 for the past week.

Despite the initial failure to break the $0.20 resistance, the bulls faced another rejection at the same resistance.

Ripple is making positive moves after its recent rebound above the $0.19 support. The coin rebounded twice to reach the $0.207 high.