After closing the previous trading day at $0.518, XRP went up to $0.526 only to drop back; still positive overall today, now trading at $0.521.
Support/Resistance levels obtained from chart analysis indicate that Ripple price action is currently oscillating around the $0.521 resistance level with prices moving above and below several times during the session.
Other markets are also showing gains as FTX Token added 9.54% to its value, now trading at $1.36. Solana is up 7.03%. Binance Coin is up 3.5%.
The past 3 months have been positive for XRP as it added 45.21% compared to its 3-month low of $0.307. Ripple is currently trading with a market cap of 26.94 billion with an average daily volume of 1.92 billion.