XRP cryptocurrency trades up $0.001, approximately 0.25% higher this afternoon

Ripple posts light gains on a low-volatility day, ranging between $0.478 – $0.485 and is now at $0.481.

Technical analysis shows that after reaching the known resistance zone beginning at $0.483, Ripple price action retreated approximately 1 cents. Ripple failed to break through the $0.484 Fibonacci resistance level.

XRP shows positive signs, other assets are also on par: FTX Token rallies 9.54% to trade around $1.36. Bitcoin Cash is up 1.6%. TRON is up 0.68%.

Ripple has managed to gain 40.22% so far this year despite trading at lows around $0.307 previously. Ripple is currently trading with a market cap of 24.88 billion with an average daily volume of 1.14 billion.