The worldwide cryptocurrency market valuation reached $1.28 trillion today, up 0.7 percent in the last 24 hours. Bitcoin has fallen below the $30,000 price mark, dampening the price movement of altcoins. XRP has not changed in price in the previous 24 hours. If bulls continue to struggle to break through the $0.43 resistance level, the currency will continue to fall. On the one-day chart, XRP registered a buy signal.
The price of XRP was battling to break beyond the 20-SMA level. An ADI (Average Directional Index) value greater than 40 indicates that the price trend is strengthening. The currency may shortly bottom out and then try for the next level of resistance.