Ripple News Today – Top Headline for Ripple XRP, February 3rd, 2020

XRP2
  • Ripple XRP break the $0.25 level and proceed to $0.30
  • Positive price trend for the coming days

Ripple Latest Update – recently XRP price recorded a moderate surge that broke the $0.2450 and $0.2500 resistance levels against the US dollar. Currently, XRP price is correcting, yet there are high possibilities for XRP price to continue higher towards $0.3000.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.424
-12.05%

XRP price has attained a fresh monthly high at $0.2616 against the US dollar after the price surged. Currently, XRP price is correcting lower, but plunges remain supported close to $0.2480 and $0.2450. There is a short term decreasing channel or a bullish momentum establishing with resistance close to $0.2580 on the hourly chart of the XRP/USD pair.

Ripple News Update – The XRP/USD pair has a high prospect to continue higher towards $0.2750 and $0.3000 in the forthcoming days. After establishing a support base close to the $0.2320 level, XRP price began a new increase. XRP price broke several barriers close to the $0.2450 and $0.2500 levels to trade in the positive zone.

Also, the XRP price established moderately above $0.2450 and the 100 hourly simple hourly average. Finally, the XRP price traded to a fresh monthly high at $0.2616 and it is currently correcting lower.

Positive price trend for the coming days

Ripple News – The XRP price broke the 23.6% Fib retracement level of the fresh wave from the $0.2340 low to $0.2616 high. XRP price is currently approaching the $0.2500 support area, where the XRP bulls are likely to materialize.

Notably, there is a short term decreasing channel or a bullish momentum establishing with resistance close $0.2580 on the hourly chart of the XRP/USD pair. The 50% Fib retracement level of the fresh wave from the $0.2340 low to $0.2616 high is also close to the $0.2480 level.

Ripple Latest Update – On the Upside, instant resistance is close to the $0.2550 and $0.2580 level. A positive break above $0.2580 might begin another surge above the $0.2600 level. If this happens, the XRP price is likely to surge towards the $0.2650 and $0.2750 level. The major aim for the XRP bulls could be $0.3000 in the coming sessions.

XRP Price Prediction 2020 – Ripple XRP Price Prediction 2020

The MACD for XRP/USD pair is moving slowly in the bearish zone. While the RSI for the XRP/USD pair is currently above the 50 levels with positive signs of increment. The Major support levels are $0.2500, $0.2480 and $0.2450. While the Major Resistance levels are $0.2550, $0.2580 and $0.2650.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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