Ripple is looking for a way out as the price is still set up for a bearish run. The crypto traders are primarily focused on the result of the US securities and exchange lawsuit filed against Ripple.
However, the judge is still under a lot of pressure as we wait for a summary judgment. The cryptocurrency market is currently looking for a way out amid several allegations that are currently being disproved by Ripple lawyers.
Ripple Key Levels To Watch – December 6
The bulls were previously defined as pushing forward following price penetration above the $0.37400 key zone. They, however, ran out of steam as sellers raced in.
The bears are currently folding out as the price is still heading toward a significant level of $0.37400. If selling pressure persists, sellers could penetrate this key zone.
The momentum indicator is currently declining as buyers cannot stand a chance. However, the tide could change in the coming days as the parabolic SAR (stop and reverse) indicator is grinding upward.
XRP Key Levels
Resistance Levels: $0.53400, $0.44300, $0.40600
Support Levels: $0.37400, $0.33400 $0.35700
Total Market Capitalization: $38.3B
Ripple Market Capitalization: $19.5B
Ripple Volume: $8.7B
Market Rank: #7
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.