Ripple News Today – XRP Price Corrects Higher But It Must Break $0.2100 and $0.2150 for Short Term Price Recovery – March 10th, 2020

Ripple gets the first bank from Oman on its RippleNet platform
  • Ripple XRP Price Forecast – Short term Price Recovery?
  • Ripple XRP Prediction – Another Bearish Run?

XRP Price Prediction 2020 – XRP price is currently correcting higher from the $0.1981 monthly low against the U.S dollar. XRP price must clear $0.2100 and $0.2150 levels to commence a firm recovery in the short term. XRP Forecast – XRP price is currently consolidating above the $0.2000 pivot level against the U.S dollar. XRP News Now – XRP price might correct higher towards $0.2150, above which it might increase towards $0.2250.

XRP Price Forecast – Short term Price Recovery?

XRP Price Prediction 2020 – Previously, there was an instant decline in XRP price beneath the $0.2200 and $0.2050 support levels. XRP Prediction 2020 – XRP price declined beneath the major $0.2000 support level and settled well beneath the 100 hourly simple moving average. XRP News Now – A new monthly low is established close to the $0.1981 level and the price of the token is currently correcting higher. It is back above the $0.2000 level, but encountering resistance.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.583
25.14%

XRP Price Prediction 2020 – early resistance is close to the 23.6% Fib retracement level of the recent decline from the $0.2450 high to $0.1981 low. Notably, there is a major bearish trendline establishing with resistance close to $0.2085 on the hourly chart of the XRP/USD pair. XRP Forecast – if an upside break above the trendline occurs, XRP price might recover towards the $0.2150 resistance. A positive break above the $0.2150 level could kickstart a firm recovery in the forthcoming sessions.

XRP Prediction 2020 – the next key resistance is close to the $0.2215 level since it is close to the 50% Fib retracement level of the fresh decline from the $0.2450 high to $0.1981 low. XRP News Now – Any additional gains might push the price towards the $0.2280 resistance level and the 100 hourly SMA. A transitional resistance is close to the $0.2250 level.

XRP Prediction – Another Bearish Run?

XRP News Now – if XRP price fails to correct above the $0.2100 and $0.2150 resistance level, it might resume its decline. Early support is close to the major $0.2000 pivot level. XRP Prediction – a break beneath the $0.2000 support level may ignite a massive decline. The next support is close to the $0.1981 low, beneath which there is a risk of a decline towards the $0.1920 level in the short term.

XRP Price Prediction 2020 – Ripple Price Prediction 2020 

The MACD for XRP/USD pair is gradually moving into the bullish zone, the RSI for the XRP/USD pair is currently recovering and it is close to the 50 levels. The key resistance levels are $0.2100, $0.2120 and $0.2150, while the key support levels are $0.2040, $0.2020 and $0.2000.

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