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Ripple steady continues to hold above 0.60 today

07 Dec, 2020

Late on Friday evening Ripple fell back further after it broke below the noted support, in place around 0.58. The move lower extended down to 0.5433 but at no stage did it seriously threaten the deeper support levels nearer to 0.50. The rebound over the weekend saw the price lift to as high as 0.6284 on Sunday. Today it has failed to make any further progress above that level and a short while ago it dropped back to test 0.60, but that level has capped the downside at the first time of asking. It is now rising back above 0.6100 and holding a steady range for the time being, seemingly covered by 0.60 to 0.63. XRPUSD is currently trading at 0.6115

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