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Will Bears Continue to Dominate Ripple (XRP)?

Ripple price comparison over the past one month indicates that the XRP coin was trading in a lower range. The price was $0.29105 on October 16, 2019, with the movement being an upward one. Until October 23, 2019, the bulls had control over the coin. There was a major fall on the said date, with the price dropping to as low as $0.26382. XRP coin was being circulated at cost of $0.30951 on October 26, 2019, with a growth of 17.32%. On November 1, 2019, there was a minor fall; still Ripple price managed to show a growth of 8.43% within a week. However, it was not able to sustain at this level and hence, it started to show signs of a decline.

Ripple Price

Ripple Price Prediction

As per the price comparison since yesterday, XRP is showing a negative trend of almost 2%. The price may continue to fall tomorrow and can reach its next support $0.26500. After a couple of days, it may gain some pace.

The present trend of Ripple suggests that it is a good time to buy the coins. The past one-month trend for XRP coin has been a mixed one, with the movement being upwards as well as downwards. Since November 7, 2019, the trend has been a bearish one without any rise in the price. It is suggested to trade in the long-term.

Anthony Reyes has done his graduation in journalism from Ocad university. He has good understanding of digital currency. He writes news about cryptocurrency and stock market in ripplenews.media.

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