XRP Will Test $0.50 But The Bulls Need To Cross The Resistance At $0.46 First, When Will XRP Test New Highs?

Ripple joins Blockchain Capital VC Fund with XRP investment worth $25 million price

XRP News Today – XRP has been trading in green since yesterday. This came as a relief to traders because the cryptocurrency has been struggling to gather bullish momentum for a while now. Thankfully, there was an altcoin rally yesterday that saw the price of the XRP rise above the resistance at $0.40 once again. Since then, the XRP price has formed support at this level. The XRP price prediction 2019 in our previous XRP news placed the price of XRP above the $1 mark before the end of the year. Our XRP news today is about the latest XRP price analysis which places the price of XRP above $0.50 near-term.

Ripple News Today – XRP News Today – XRP Latest Update – XRP Price Prediction 2019

Yesterday, before the bulls started to dominate the market, there was a period of indecision when the sellers and buyers struggled to take control of the market. The buyers prevailed and the cryptocurrency maintained the green light until today. However, the bull run cannot be confirmed until the price of XRP moves above the $0.46 level. Right now, there are support levels at $0.36, $0.38, and, $0.40. On the other hand, there are resistant levels at $0.44, $0.46, $0.48. A rise $0.48 will see the price of XRP test $0.50.

Over the last 30 days, XRP has been in a sideways trend between the $0.38 and $0.46 range. There was an overhead resistance which the bulls managed to test three times. Each time the price managed to test the overhead resistance, it fell to the 12 or 24 EMAs shortly after. Body candlesticks, the spinning tops, and Doji, appeared above and below the EMAs. This showed that even if the bulls were trying to gain momentum, the buyers were not sure if they wanted to enter the race. The XRP price analysis we offered at the time showed that the price was either going to experience a bullish break of a bearish pull.

If the bears are to return to the market, they will drive the price of XRP to the $0.38 level. If it falls below this level, the next support will be at $0.32 and falling below this level will see the next support at $0.30. The zero line is below the signal line and MACD line.

XRP Latest Update – Ripple News – XRP News Today – XRP Price Prediction 2019 – Current Price Of XRP

At the time of writing, the price of XRP was $0.418987. This means that it is up by 2.71% against the USD and down by 1.16% against BTC. The trading volume over a 24 hour period is $1,469,913,069 and the market capitalization is $17,807,753,531. XRP may test $0.4200 within the next few hours of trading. If the bull run continues, it will hit $0.45 before the day is over.

XRP (XRP) Price Today – XRP / USD [ccpw id=”10545″]

What do you think about the XRP price prediction 2019 in our XRP news today? Will XRP be able to cross the $0.50 level? If it does, will it surge to $1 before the end of the year? 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.

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