- Further price surge looming for Ripple XRP
- XRP approaches major breakout zones
XRP News Now – XRP is facing a major resistance close to the $0.1500 level against the U.S dollar. Though XRP price is well supported above the $0.1400 level and it could soon commence a price increment towards $0.1700. XRP Prediction 2020 – XRP price is trading in a major zone above the $0.1400 support level against the U.S dollar. A few major barriers are establishing close to the $0.1500 and $0.1550 levels. XRP Price Prediction 2020 – There is a key contracting triangle establishing with resistance close to $0.1485 on the hourly chart of the XRP/USD pair. XRP price might surge higher once it breaks the $0.1485 and $0.1500 resistance level.
Ripple Price Prediction 2020 – Further Price Surge Looming
XRP Price Prediction 2020 – In the previous sessions, XRP stayed well above the $0.1320 and $0.1400 support levels. The coin recovered further and surged above the $0.1450 level. XRP bulls drove the price as high as $0.1500 level, though they failed to gain momentum. XRP News Now – The price exceeded the $0.1549 level and it stayed beneath the 100 hourly simple moving averages.
XRP (XRP) Price Today – XRP / USD
XRP Prediction 2020 -There were majorly contracting zone moves beneath the $0.1500 and $0.1550 resistance levels. Also, the XRP price tested the 50% Fib retracement level of the recovery wave from the $0.1380 low to $0.1549 high.
XRP Price Prediction 2020 – Ripple XRP Price Prediction 2020
XRP News Now – It appears there is a major contracting triangle establishing with resistance close to the $0.1485 on the hourly chart of the XRP/USD pair. On the upside, there is a major resistance level establishing close to $0.1485 and the 100 hourly SMA. XRP Price Prediction 2020 -A positive break above the $0.1485 level and a follow-through above the $0.1500 level might pave the way for a moderate upward move. The next resistance is close to the $0.1550 level above which the price might test the major $0.1700 resistance level.
Ripple News Today – Major Breakout Zones
XRP News Now – If the XRP price fails to exceed the $0.1485 and $0.1500 resistance level, it could try a downside break. The first major support is close to the $0.1400 level. XRP Prediction 2020 -The next support is close to the $0.1384 level. It signifies the 61.8% Fib retracement level of the recovery wave from the $0.1380 low and $0.1549 high. If there is a downside break beneath the $0.1384 level, there is a risk of a bigger price decline in the forthcoming sessions. The next major support is close to the $0.1300 and $0.1285 level. The next few days of trading will determine if the price of the XRP will maintain the bullish momentum in the market.
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.