XRP Bull Run is Underway as the Token Defies Market Trends

It appears XRP price is moving against the crypto market’s logic. The crypto has shifted in price upwards and downwards in the opposite direction unexpectedly. As this is happening traders are inspired and hopeful about the prospects of the coin. Will XRP price break the resistance pattern? Will traders continue to maintain a bullish outlook for XRP price? The XRP price prediction 2019 from the coin’s trade action will shed more light about XRP’s short-term and long-term future.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.297
5.30%

XRP Price is at Critical Point Against BTC

From the charts, we can see that XRP price has entered a critical point against BTC. This could either trigger a long-term trend reversal or endanger the coin’s year-long low. For the last two months, the price of XRP has broken from a descending channel, and a pennant while creating another major pennant at the same time.

If there’s a break from the green pattern, then it would indicate three steps upward from three significant interim patterns consecutively. This could potentially signal a bullish outcome and confirm a true reversal for year-long terms.

A move under the green support pattern would reject this trendline and leave little support down to the 0.00000004600 BTC. The year-long low recorded on May 19 would be the next major support position. If there’s a break down there we should expect to be in an extended bear market.

XRP Price Chart by User, CryptoNTez

User CryptoNTez noticed that the XRP Rumors relating to MoneyGram being purchased by Ripple gave some boost to volume to XRP. Indeed, creating a buzz around the cryptocurrency can prove profitable. However, is it going to give XRP the long-anticipated kick?

If you are still unsure about XRP’s potential, consider keeping an eye on the coin. If the price of the coin crosses the 5500 SATS resistance, it will probably trigger a bigger movement. The volume of the coin has been increasing in the last days. If this continues XRP can bring gains.

XRP Price Prediction 2019: XRP Price Chart by ChristiaanvanderMerwe

BTC has given space for altcoins to make bullish moves. XRP price is above moving averages. These have been resistance for 3 months which is a significant sign. Why does user ChristiaanvanderMerwe remain bullish on XRP price against BTC? According to the user, there’s a trend reversal approaching, thanks to:

– XRP price trading above the MA’s

– A Golden Cross is forming between the MA’s

– There’s a high possibility of a potential resistance breakout

XRP Price Prediction 2019: XRP Price Has the Potential to Grow by 50-80%

Here’s an additional positive outlook XRP price. This time, the XRP/USD pair. After quickly looking at the previous pattern that played out, it appears there was an extreme upward movement after the Bollinger Bands began to loosen up following consolidation. The same thing has begun to happen now. XRP can really launch a serious rally and increase by 50-80%.

While the Bitcoin’s movement has been suppressed, altcoins are taking the market with full-force. XRP is expected to be one of the coins to make the most significant breakout. XRP price has already broken the upside of the descending triangle. A monthly hold above both EMAs would turn out bullish. Watch out for XRP price, because the coin’s chances of exploding have improved.

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.

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