Has XRP (XRP) Run Out of Bullish Steam?

This week has started off pretty well for most of the digital currencies in the market. Almost all the top twenty digital currencies are now trading in the green except XRP, Binance Coin (BNB), and Tether (USDT). Over the past day, some digital currencies have even recorded gains of more than 10 percent. At the press time, Bitcoin Cash price is up by more than 5 percent. The price of Cardano (ADA) is recording gains of almost 10 percent. The highest gainer so far is Cosmos, with an increase of more than 12 percent.

However, the price of XRP is still in the red at the time of writing according to coinmarketcap.com. XRP USD live price is down by about one percent over the past day. This has left some digital asset investors wondering if the short-term XRP price prediction 2019 is still attainable before the end of this month.

Ethereum (ETH) Distances Itself from XRP (XRP) – Which Is the Best Cryptocurrency to Invest in 2019?

Late last year and earlier this year, Ethereum was sharing its long-held position with XRP. The battle for the second largest digital currency by market cap was pretty tough. XRP took over the position and held it for a little while. However, Ethereum later gained traction and reclaimed its position. Since then, the second largest digital currency in the world – Ethereum (ETH) – has not given XRP a chance to get close.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %

At the moment, XRP is very far from testing that position as the gap between the market cap of XRP and that of Ethereum is very large. At the press time, the distance between both market caps is over $5 billion. It is really going to take a lot for XRP to get close that position, as Ethereum doesn’t look like slowing down anytime. Ethereum USD live price is $176 after an increase of more than two percent over the past day. The market cap of Ethereum is $18.38 billion while the market cap of XRP is $13.67 billion.

XRP price forecast is still pretty bullish. More investors are still attracted by XRP price prediction 2019. XRP news today is still trending, with Alex Cobb XRP prediction making waves. Many digital asset investors still consider XRP the best cryptocurrency to invest in 2019. XRP is still on fire, but right now, there is no bullish XRP news today to boost the fire.

XRP Price Analysis – XRP Price Prediction 2019 – XRP Price Forecast – XRP USD Live Price

The price of XRP recently plunged drastically below the 34 cents level against the USD. The downward correction continued and XRP price broke the $0.3320 and $0.3250 support levels. The digital currency also broke below the 32 cents level and plunged towards the $0.3175 level. The price of XRP later amassed momentum and corrected over the 32 cents level. XRP price also broke over the 23.6 percent Fibonacci retracement level of the previous swing from the high of $0.3470 to the low of $0.3174.

At the moment, the digital currency is currently supported at the 32 cents level. The immediate resistance is at the $0.335 level. The price of XRP is currently lagging behind in the ongoing crypto price recovery. However, a break over its immediate hurdle point could pave the way for more gains. This could trigger the price of XRP to meet up with the market, and the short-term XRP price prediction 2019 could be attained.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.