XRP news for the past few weeks has been centered around how the price of XRP is performing poorly against the USD and against the price of BTC. Yesterday, our XRP news was about how Ripple can boost the price of XRP by increasing its use case. Our XRP news today is about the XRP prediction 2019 and how the price of XRP has suddenly surged after weeks of bearish pressure satisfying every digital asset investor on the XRP rich list. How high will the price of XRP go? Will it keep rising or is the surge only temporary? Will this sudden shift in the XRP price action influence the XRP price prediction 2019?
XRP Rich List – XRP Prediction 2019 – XRP News Today – XRP Price Prediction 2019 – XRP Gathers Momentum Above Key Resistances
Bitcoin started the bull run many days ago and it has been on a steady rise since it started. Yesterday, the price of the flagship cryptocurrency moved above the resistance at $8000. This morning, however, the bulls were losing momentum as the price fell back to the $7900 level. At the time of writing, the price of Bitcoin was $7,970.05. This means that it is up by 12.84% against the USD. The trading volume over a 24 hour period is $30,721,874,635 and the market capitalization is $141,065,970,994.
XRP (XRP) Price Today – XRP / USD
While the price of Bitcoin has been recording exceptional gains, XRP has been stuck in the $0.30 to $0.32 range. It wasn’t until yesterday that the price of XRP gathered enough momentum to cross the resistance at $0.3500 and $0.3800. The bulls are in full control of the market according to the XRP price prediction 2019 on NewsBtc. You’ll recall that there has been a contacting triangle that had resistance at $0.3240. This triangle was broken yesterday paving a way for more gains against the USD.
Shortly after the price of XRP broke the resistance at $0.35, it moved above the resistance at $0.3750 before it started a downside correction below $0.3700. The price of XRP has formed strong support at $0.3640. At the time of writing, the price of XRP had succeeded in breaking the resistance at $0.3800. It was trading at $0.387165. It is up by 21.02% against the USD and up by 6.999% against the price of BTC. The trading volume over a 24 hour period is $3,343,309,306 and the market capitalization is $16,312,563,703.
XRP Price Prediction 2019 – XRP News Today – XRP Prediction 2019 For The Digital Asset Investor
Short-term, the price of XRP will most likely test the $0.42 level before attempting a correction. However, the the bullish sentiment continues, the price of XRP will most likely test the $0.50 level near-term. It would appear that XRP has reached the oversold region and has started to surge per our XRP price prediction 2019 in our previous XRP news. There is also a chance that XRP will retest its all-time high before the end of 2019 if the bulls continue to prevail.
What do you think about the XRP prediction 2019 in our XRP news today? Will the bulls retain control of the market? Kindly share your thoughts in the comment section below.