XRP Starts To Surge Against The USD Moving Above Key Resistances, Next Target $0.50, How To Maximize Your XRP Profit

ripple xrp price analysis

XRP news today – XRP is no longer among the worst performing cryptocurrencies in the space. After struggling to gain momentum for months, the price of XRP has been on fire since it crossed the resistance at $0.38 surging as high as $0.440 during the last Bitcoin bull run. The XRP price prediction 2019 is bullish mid and long-term. Thanks to the current spike in the price of XRP, it is also bullish short-term. About two days ago, the price of Bitcoin started surging higher against the USD. Ethereum, XRP and almost every other cryptocurrency followed the trend. XRP moved above the $0.400. When is the best time to take your XRP profit?

XRP Prediction 2019 – XRP Price Prediction 2019 – XRP News Today – XRP Surges Above $0.400 With More Gains To Come

According to the XRP price analysis on NewsBtc, the price of XRP is fully in the bullish zone. The $0.4000 acted as resistance for a long time. Now that the resistance has been crossed, we should see higher highs near-term. After the price of XRP moved above this resistance, there was a downside pull below it which gave the bulls enough momentum to move above all the way to the $0.4200 level. There was resistance at $0.4250 but XRP broke above this resistance.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.304
1.80%

As soon as the price of XRP moved above the resistance at $0.4250, the bulls gathered more momentum and surged as high as $0.4460 breaking the resistances at $0.4350, $0.4400, ans $0.4409. After it hit $0.4460, it started consolidating along with the wider market. The initial resistance at $0.4250 is now acting as support. A rising channel formed with a $0.4250 support. Another support is at $0.4240. So, if the price of XRP is to fall below the support at $0.4250, it will find support at $0.4240. The MACD is in the bullish territory along with the relative strength index. Near-term, there is a high chance that the price of XRP will hit $0.50.

XRP Price Prediction 2019 – XRP Price Analysis – Current Price Of XRP – How To Maximize You XRP Profit

At the time of writing, the price of XRP was $0.427067. This means that it is up by 4.15% against the USD and up by 4.55% against the price of BTC. The trading volume over a 24 hour period is $2,876,283,531 and the market capitalization is $17,986,636,172. The 50% Fib retracement level of the last rise from $0.4083 to $0.4409 is near the channel support. The price of XRP is going to move higher but there will be resistance at $0.4500, $0.4650 and $0.4880. Breaking the last resistance will take the price of XRP as high as $0.500.

To maximize your XRP earnings, the smart move would be to wait for a surge above $0.50 before taking your profit. Don’t sell-off your holdings as the XRP price prediction 2019 places the price of XRP above $1 before the end of the year. If you want, you can increase your earnings by recycling your profit.

What do you think about the XRP price prediction 2019 in our XRP news today? Share your thoughts in the comment section below.

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

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