Ripple Latest Update – XRP/USD Bulls in Charge of Price Trend to Recover from Monday Price Decline – March 24th, 2020

Ripple XRP Price Prediction
  • XRP Price Analysis – XRP Price Gaining Bullish Momentum
  • XRP Price Prediction – Another Price Rejection Looming

XRP News Now – XRP price is displaying a few bullish signs above the $0.1550 resistance level against the U.S dollar. XRP price might increase further if it breaks the $0.1620 resistance level. XRP Prediction 2020 – XRP price is up by over 6% and it traded above the major $0.1550 resistance level against the U.S dollar. XRP bulls are trying to break the $0.1620 and $0.1625 resistance levels.

XRP Price Prediction 2020 – There was a break above a key bearish trend line with resistance close to the $0.1520 level on the hourly chart of the XRP/USD pair. XRP News Now – XRP price might trade higher if it clears the $0.1620 resistance level in the near term.

XRP Price Analysis – XRP Price Gaining Bullish Momentum

XRP Prediction 2020 – after establishing a support level close to the $0.1450 level, XRP commenced a new price surge. XRP price is up by over 6% and it cleared the $0.1500 and $0.1550 resistance levels. XRP Price Prediction 2020 – the upward price movement was significant as the price increased above the $0.1580 resistance level and the 100 hourly simple moving averages. XRP News Now –There was a breakout above the 76.4% Fib Retracement level of the major decline from the $0.1620 high to $0.1444 low.

XRP Price Prediction 2020 – Ripple XRP Price Prediction 2020 

XRP Price Prediction 2020 – XRP price is currently trading close to the last pivot level at $0.1620. If XRP bulls gain impetus above the $0.1620 resistance level, it could continue its price surge in the near term. Early resistance is close to the $0.1662 level. XRP Prediction 2020 – it coin match with the 1.236 Fib extension level of the major decline from the $0.1620 high to $0.1444 low.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.232
-2.33%

XRP News Now – any additional gains might push the price towards the $0.1700 resistance level in the forthcoming sessions. The next key resistance level is observed close to the $0.1720 level.

XRP Price Prediction – Another Price Rejection Looming

XRP Prediction 2020 – if XRP price fails to continue above the $0.1620resistance level, it could commence anew price decline. Early support is close to the $0.1575 level and the 100 hourly simple moving averages. XRP News Now – if XRP bulls fail to keep the price above the 100 hourly SMA, there is a risk of further price decline beneath the $0.1550 support level. The next major support level is the $0.1520 level, beneath which it could revisit the $0.1500. XRP Prediction 2020 – The continued upward movement is attainable if gains are sustained above the $0.1622. Besides, a break above the rising triangle resistance level would give the XRP bulls a push towards the psychological $0.2000.

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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