XRP Price Holds Ground While BTC and ETH Slide, Here’s Breakout Zone

Ripple started a fresh decline from the $0.40 resistance zone against the US dollar. 

XRP price is currently trading below $0.380 and the 100 simple moving average. 

There is a key bearish trend line forming with resistance near $0.371 on the 4-hour graph of the XRP/USD pair. 

XRP/USD pair could start a strong increase if it clears the $0.388 resistance level. 

This last week XRP attempted an upside break above the $0.40 resistance against the US Dollar. 

The live XRP price today is $0.355077 with a 24-hour trading volume of $1,698,774,019. XRP is down 0.29% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $17,859,941,519. It has a circulating supply of 50,298,735,565 XRP coins and a max. supply of 100,000,000,000 XRP coins.

Ripple Price Statistics The XRP price change in 24 hours is -$0.0007468 of 0.21% 24 hour low is $0.3486 and the 24-hour high is $0.3672 with 2.28% Market dominance. 

The recent decline was limited when compared to bitcoin and Ethereum the price decreased below the $0.372 and $0.365 support zone. it traded as low as $0.3458 and is now consolidating losses it is trading below $0.380 and the 100 simple moving average. 

XRP price is currently facing hurdles near $0.370 it is close to the 50% FIB level of the downside from the $0.3954 high to the $0.3458 swing low. 

Furthermore, there is also a key bearish trend line forming with resistance near $0.371 on the 3 hours graph. the $0.380 resistance of the 76.4% FIB retracement level of the downward move from the $0.3954 swing high to the $0.3458 swing low.

The global crypto market cap is $783.49B, a 2.21% decrease over the last day.

The total crypto market volume over the last 24 hours is $62.48B, which makes a 1.73% increase. The total volume in DeFi is currently $4.21B, 6.73% of the total crypto market 24-hour volume. The volume of all stablecoins is now $58.93B, which is 94.32% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 38.60%, a decrease of 0.18% over the day.

Related: Bitcoin Price Starts Constructive Correction, Why BTC Could Drop Further