Ripple (XRPUSD) still to consolidate in the $0.23 -$0.25 zone
On Thursday, January 16, the XRP token fell further to $0.228 after touching $0.221 during intraday.
The last day of the workweek came with a quick rebound for bulls as the “ripple” regained its positions above $0.23. It moved 4.3 percent up and stopped at $0.239.
The weekend of January 18-19 started positively on Saturday. The XRP peaked at $0.254 before closing at $0.242 later in the day.
On Sunday, it managed to peak above $0.25 for the first time since November 2019, still, it the coin closed the day with a loss to $0.235.
The last day of the workweek came with a quick rebound for bulls as the “ripple” regained its positions above $0.23. It moved 4.3 percent up and stopped at $0.239.
The weekend of January 18-19 started positively on Saturday. The XRP peaked at $0.254 before closing at $0.242 later in the day.
On Sunday, it managed to peak above $0.25 for the first time since November 2019, still, it the coin closed the day with a loss to $0.235.
- XRP to stabilize in the $0.23-$0.25 zone in order to prepare for an attack of $0.30. It peaked above $0.25 on both January 18 and January 19 trading sessions, still, without being able to hold that level
- XRP moved below the slow 100-day EMA on Saturday, January 18.
- Trading volumes more than doubled from $1.4 billion to $3 billion from Monday to Wednesday, then stabilized in the $2.3 - $2.2 zone for the rest of the week.