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# Ripple Price Analysis: XRP Exhibits 9.64% in 7 Days Despite the Recent Fall

Posted on March 28, 2020 March 28, 2020 by Donald Troxel | 7376 Views | 4 min read
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- Ripple holds its price above $0.1682 despite the recent breakout
- Its market cap has marked improvement as well
- Investors may find the next resistance point around $0.18

Despite numerous price fluctuations, XRP coin’s price has been up by 9.64% in the last 7 days. Yesterday, it faced rejection above $0.1860 and fell to $0.16. However, after facing a massive decline, it managed to hover around $0.17, and it may soon recover and test a $0.18 price mark.

## XRP/USD Price Chart

Ripple price was being traded around $0.1534 on the opening of the March 21, and over the next 24 hours, it lost 4.63% value. Later, the XRP price has initiated a price recovery and continued to trade above $0.16 till March 27. Then, the currency exhibited a sharp upward move and escalated to $0.1860 by March 27. However, from this high, Ripple faced a sharp decline of 9.78%, and today, the price fell to $0.1678 and continued to trade at a similar price level.

XRP coin lacks support from its daily SMA lines, namely, 50 & 90-day MAs. Also, its RSI stands at 38.72 points, but it is likely to improve soon. However, despite the recent breakout, Ripple may find the next halt at the resistance point of $0.18.

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Donald Troxel
Donald Troxel has specialization in bitcoin. He has keen knowledge of crypto currency exchange particularly in bitcoin. He also leads people in bitcoin exchange.

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