Is There Light at the End of the Tunnel for XRP? Latest XRP Price Prediction Reveals Higher Highs

Ripple News Today – Ripple keeps popping up on crypto news as the price fluctuates. Ripple price tussle to stay above the $0.3250 defiance and increased depletion against the US dollar. The price traded below the $0.3100 aid and close to the $0.3025 zone. Ripple’s XRP is presently valued at $0.30, which should not be a surprise to investors and traders since it has retained a stable rise and fall in price. XRP has been trading on an edgy stage, unlike other prime crypto assets that have thwarted exceptionally in contrast to their prices at the beginning of the year. The price is at a risk of more losses and it could even extend to the $0.2960 support zone. If the price continues this way, Ripple’s XRP could fall further except there is a support to the price. Though crypto analyst, Livercoin, has forecasted that there will be a reassuring re-form before the occurrence of another fall in XRP’s price.

XRP News Today – XRP Price Prediction – XRP Price Forecast – XRP Hitting Support Zone

In a recent forecast from Livercoin, in the coming weeks, XRP should be kitting up for a rise. There will be a 60% decline in XRP’s price which will make it impossible for the relief rally to be retained. The predicted decline may not be all that negative as the declines are expected to come with a spontaneous increase.

According to the observations from the comment section of Livercoin’s tweet. It is safe to say the traders and investors are losing trust in XRP due to the fluctuating market value. The ratio of traders and investors who agreed that it could be that the price is moving as predicted by analysts was outweighed those who are unmoved and skeptical about the uptrend and downtrend in XRP. This could be as a result of a comprehensive forecasted report circulated about the unstableness of Ripple’s XRP.

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

Currently, there is a lot of precariousness surrounding the price of XRP, the third-largest cryptocurrency by market cap. Bitcoin’s downtrend within the past few days contributed to the asset’s value today. The downtrend has dragged down many coins in the market including XRP’s which once traded as high as $0.49on June 26, 2019. Previously, crypto analysts had proclaimed that XRP could stand on its own and be priced higher despite the current events in the market.

Ripple Price Prediction – XRP News Today – XRP Price Prediction – Expected Surge to Hit Ripple’s XRP’s Price

There’s been speculation around Ripple partnering with MoneyGram, a money transfer company in a $50 million worth deal. Rumor has it that the partnership also contributed to the surge in XRP’s price. Recently, there had been tittle-tattle circulating that the Bank of America has taken a patent application to use Ripple’s ledger for its transactions. However, Ripple’s CEO, Brad Garlinghouse, while in an interview with Bloomberg on July 22, 2019, said he has no comment regarding that topic as Ripple has not made any announcement stating the speculated partnership.

What do you think about the XRP price prediction in our XRP news today? Is XRP going to recover soon? 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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