Will XRP Hit $0.80 In July? XRP Bulls Hold The Support At $0.40, 100% Gains May Come In July

ripple xrp price analysis

Ripple News Today – For XRP, June was full of ups and downs. The price of XRP reached its yearly high at $0.51 during the crypto market bull run a few days ago. Unfortunately, the bulls were unable to hold the line above $0.50. The price of XRP subsequently declined significantly against the USD but the bulls were able to maintain the support at $0.40. Despite all the pressure the bears put on XRP, the price stayed above $0.40. In fact, it seems like the bulls are gathering momentum and preparing to take over the driver’s seat. How high will XRP go? Can the price of XRP reach $0.80 before the end of July?

Ripple News Today – XRP News Today – How High Will XRP Go In July? XRP Prediction 2019 – XRP Price Prediction 2019

This morning, the cryptocurrency market was able to put the sell-off on hold as it went from red to green on CoinMarketCap. This was most likely because the price of Bitcoin started to recover against the USD surging above the $11k level once again. Bitcoin’s sudden recovery may have been related to the announcement by Goldman Sachs. The financial giant announced that it would debuting its own virtual currency soon. Just like what happened with the Facebook announcement, this led to positive sentiment in the market. The fact that a financial giant with global reach is interested in cryptocurrencies reassures investors that they aren’t on the wrong path.

XRP (XRP) Price Today – XRP / USD

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The XRP bulls tested the 50% Fib retracement level of the last significant price movement. Per our previous XRP price prediction and XRP price analysis, the bulls woke up around the $0.4243 level after the sellers dragged the price downward. Unfortunately, they could not hold this level and they dragged the price of XRP down to the $0.40 level where the buyers resumed again.

Earlier in the morning, the price of XRP was able to retest the $0.4120 level but the bears showed up again and dragged the price as low as $0.4120. Even if XRP is currently in green, it is important to note that the sellers are struggling to take back control of the market. Right now, the price of XRP is below the 38.2% Fib level and if it doesn’t gather enough bullish momentum, it will fall to the 23.6% Fib level. This would be around the $0.4058 level and it will pave the way for lows below $0.4000.

XRP Price Prediction 2019 – XRP Latest Update – XRP News Today – Current Price Of XRP – XRP To Hit $0.80

At the time of writing, the price of XRP was $0.415721. This means that it is up by 0.25% against the USD and down by 0.82% against the price of BTC. The trading volume over a 24 hour period is $1,595,056,565 and the market capitalization is $17,695,842,952. The price of XRP must break above the resistance at $0.4250 to ensure higher highs near-term

If the price of XRP is able to move above the $0.50 level, it will gather the momentum it needs to surge above $0.80 next month.

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.


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