Ripple

The XRP/USD pair is trading amid the levels of $0.20 and $0.23. It is assumed that consolidation may occur at a price of $0.22.

Ripple (XRP) is making an impressive move but may face resistance at $0.23.

The Persistent tussle between the bulls and bears over the support at $0.22 has given the bears an advantage over the bulls. Buyers could not sustain hold above the support because of the absence of buyers at the previous highs. Yesterday, XRP dropped suddenly to $0.21, but a pullback was not sufficient to keep the coin above the $ 0.22.

Ripple's impressive run is over as buyers are overwhelmed after an initial uptrend. Thereafter, the price commenced dropping gradually from $0.02330 to $0.22138. Ripple depreciated as a result of the absence of buyers. However, Ripple fell and found support at $0.22 which may face further selling.

Ripple (XRP) trades above the $0.22 support level. Ripple price may rally above $0.24 if more buyers come in at $0.22 price level.

XRP survived the recent decline but the coin is still under pressure in the bearish trend zone. The coin jumped from the low of $0.20 to $0.22 just in two days but struggles below the $0.23 resistance level.

XRP experiences aggressive selling as the market falls to a low of $0.20. A sideways trend is expected at the bottom of the chart

The sellers are at the bottom of the chart as Ripple fluctuates at $0.22 and $0.23. Ripple may commence consolidation if the price at $0.23 holds

Ripple (XRP) reached a low of $0.24 as the price made a retest. The coin may likely fall to the previous low of September.