The recent XRP price trend has been pretty great. While other digital currencies in the cryptocurrency market responded positively to the recent crypto bull run, the price of XRP didn’t lack behind. There are lots of crypto price predictions out there. However, XRP price prediction 2019 appears to be more realistic. The price prediction of XRP for this year is highly bullish, and XRP has the momentum to achieve hit those predicted values.
Is XRP a Security?
Many digital asset investors have been asking “is XRP a security? The issue of whether XRP is a security or not has been lingering in the crypto space for some time now. However, SEC XRP issues have not affected many digital asset investors from considering XRP as one of the best cryptocurrency to invest 2019. Investors purchase and uphold XRP for the long-term. XRP uphold is on the rise, and this is because many believe in the digital currency.
While many digital asset investors are now exploring other areas such as smart crypto course, beck crypto course, Bakkt crypto, XYO crypto, and crypto crew university, many are still attracted to XRP. This is due to the potential of the coin and the bullish XRP price prediction 2019 by top crypto analysts.
XRP Secures More Partnerships – Is XRP the Best Cryptocurrency to Invest 2019
XRP’s price today is soaring higher and it is riding on the ongoing crypto bull run. The price of XRP is also surging higher because of the numerous strategic partnerships it has secured. XRP recently partnered with Puma Technologies to create a track-free and ad-free web browser – Puma Browser. This partnership also saw the linking of XRP and coil – an online platform that helps content providers to make money in a more efficient way. XRP has the support of many crypto bulls, including its parent firm (Ripple), community, and Alex Cobb XRP. Alex Cobb XRP price prediction 2019 has been making waves in the industry, and it has attracted many digital asset investors also.
XRP Price Analysis – Next Crypto Bull Run to Push XRP Over the 40 Cents Level
The price of XRP is positioned nicely for more gains against Bitcoin (BTC) and the USD. XRP price is set to test new monthly highs immediately it breaks over its hurdle on the upside. The price of XRP recently plunged downwards. The digital currency declined towards below the 34 cents level, but the 32 cents level acted as support and prevented further decline.
Later, the price of XRP started an upward correction and broke over the 33 and 34 cents resistance levels. It also broke over the 35 cents level and the 100-hourly Simple Moving Average. The digital currency formed a swing high close to the 38 cents level before it corrected once again. On its way down, the 36 cents mark acted as strong support. The 61.8 percent Fibonacci retracement level of the previous swing from the low of 32 cents to the high of 38 cents also acted as strong support. The immediate resistance of the coin is at the 37 cents level. A break over this level would send XRP price over the 40 cents level.
XRP (XRP) Price Today – XRP / USD
At the time of writing, XRP is trading at 36 cents after an increase of about one percent over the past twenty-four hours. The current market cap of the digital currency is $15.04 billion and its trade volume over the past twenty-four hours is $1.77 billion.