Despite all the “noise” in the crypto market, XRP has managed to remain stable within the $0.3500 - $0.3000 price range as the Ripple community focuses on developments from the ongoing lawsuit with the SEC.
That said, I do not expect any erratic moves in the near term for this cryptocurrency. However, we could see a mild push towards the $0.3500 top again, considering the marketwide bullish pullback currently happening, where a fall to $0.3000 should ensue.
Meanwhile, my resistance levels are $0.3500, $0.4000, and $0.4400, and my support levels are $0.3000, $0.2500, and $0.2000.
Total Market Capitalization: $893.4 billion
Ripple Market Capitalization: $15.4 billion
Ripple Dominance: 1.73%
Market Rank: #8