Ripple (XRP) Fails To Hit Double-digit Gain, What Could Be Wrong?

Ripple (XRP) has had a tough time producing double-digit gains against tether (USDT) as prices continue to range with little or no movement in recent times. The crypto market in its early days saw prices of altcoins surge as most coins rallied with considerable price gains, but that can not be said of Ripple (XRP). (Data from Binance) Related Reading: Chainlink Integrates New Tech, And It’s Going Green – Healthy For LINK? Ripple (XRP) Price Analysis On The Weekly Chart The price of XRP has had a tough time maintaining the bullish momentum it has shown in recent months as the price was rejected from the $1.9 area acting supply zone for most sellers. XRP has since struggled to discover the bullish momentum it experienced, despite being a fundamentally strong coin with the growing sentiment on its movement. Still, XRP has found a price ranging from $0.3 to $0.38. The price of XRP on the weekly chart needs to break out of the range channel it has formed for its price to have a real chance of trending higher. The upper band of the channel at $0.38 continues to act as a resistance to the XRP price preventing a major movement to the upside of the chart. XRP’s price needs to break above this region for its price to trend higher to $0.42 and possibly $0.55. The price of XRP must break and hold above this range channel for a better chance to trade higher. If the price of XRP breaks out with good volume, we could see the price going high...