XRP Getting Ready To Skyrocket This Year After Hitting $0.4050 – Will XRP Recover?

ripple trading exchange

When the price of XRP surged, members of the cryptocurrency community came to a consensus that the surge in price was due to the announcement by Coinbase that XRP is now available for its New York Coinbase Pro clients. Normally, the surge in the price of XRP would have been attributed to the general market sentiment.

However, since the price of XRP didn’t surge when the price of Bitcoin started surging, it is safe to say that the Coinbase Pro announcement was the catalyst that fueled the XRP bull run. Well, almost every digital asset investor on the XRP rich list believes that the XRP price prediction 2019 is bullish against the USD and there is going to be a more significant surge against the USD soon.

Ripple XRP News Today

According to the XRP price analysis on Crypto Thies, the price of XRP will surge soon. In the XRP technical analysis, it was revealed that enormous gains are coming soon. The technical indicators show that the neutral candles are poised for the accumulation of historic gains.

After the price of XRP surged as high as $0.44, market manipulations allegedly led to a significant fall below the $0.359 level on the same day. And now XRP is gaining momentum again after hitting $0.400. Every major cryptocurrency, including Bitcoin, fell significantly against the USD. The mid and long term indicators show that the price of XRP will still surge against the USD.

Ripple XRP Price Prediction 2019

XRP (XRP) Price Today – XRP / USD

Name Price24H (%)
XRP (XRP)
$0.322476
0.55%

At the time of writing, the price of XRP was $0.4060. This means that it is up by 8.86% against the USD. This shows progress after it hit the $0.340 level yesterday. Right now, there is a strong support at $0.340 that XRP needs to hold to prevent a fall to the $30 level again. Short term traders can buy now and take their profits during the next cryptocurrency bull run.

Ripple XRP Price Analysis

Whether you like to admit it or not, XRP is one of the most promising projects out there. Few cryptocurrency projects can stand the criticism XRP and Ripple have faced over the years. Some have referred to XRP as a shit coin while some call it a security. Over the last few months, when the price of XRP was stuck in a descending trendline, it attracted even more negativity from the rest of the cryptocurrency community. The XRP army stood tall during this period as they were certain that the price of XRP will bounce back eventually.

XRP had reached its all-time high in January 2018 when the price of the coin was 3.84 USD. The coin has not shown any drastic movements in 2019 and has rather maintained a consistent trend in the range of 0.35 USD and 0.50 USD.

According to the latest XRP price analysis on cryptonewsz; Ripple (XRP) has immense potential, and it can be achieved in 2019 with a focused approach and strategic partnerships. XRP can reach up to 1 USD by the end of 2019, and in the next two years, the price of XRP coin will be between 10 USD and 50 USD.

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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.

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