Ripple (XRP) Deals with Bear in the Intraday Market, But the Bulls Aren’t Out Yet

ripple xrp price analysis

Ripple News Today: Ripple’s XRP price continues to deteriorate following the July 31 price rebuff at the $0.323 level. After which Bitcoin’s price has been declining, after victoriously smashing the $10000 resistance support. Both XRP and BTC procession have been adverse since the outset of the year 2019.

Presently, the 3rd biggest cryptocurrency is now healing from the loss of $0.032% as Bitcoin betters gains of 2.56%. The situation is prone to continue until traders and investors observe a reform in the trend of Ripple (XRP) following Bitcoin’s progress. Currently, the market remains bearish.

XRP Price Prediction 2019 – XRP News Today – Ripple News Update – Future Indications of XRP Remains Bright

Ripple is currently bargaining with the bear. The market is likewise proceeding with the same trend. The traders affirm that the XRP coin is altered over the same trend. The market repression would shortly be uplifted, and Ripple will once again shimmer.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.231
-10.57%

Ripple is having a good trade at the start of August. Investors and traders are confident that the XRP price would do well for the remainder of the month. The traders and investors have an exceptional opportunity to trade/invest and cash out mouth-watering profits.

Recently, the Ripple unlocked at $0.31147 and instantly leaped to $0.31566. The growth indicated was at 1.12%. The coin could not restrain itself at the level and knockdown to $0.31292 from $0.31566. The regression recorded was of 0.87%. Ripple started climbing up after that decline. There was a twofold top allocation maintained at $0.31742. The twofold top pattern symbolized a prospective upsurge in the coin. The currency shut down at $0.31629. The improvement recorded during the day was 1.55%. Currently, the XRP coin began with a decline of 1.14%. The XRP price counters altered from $0.31629 to $0.31269. The regression was at 1.14%.

XRP Price Prediction – Ripple Price Analysis – Ripple Price Update – XRP Experience Fluctuating Price Trend

Trading Price – $0.315, Market Capitalization – $13,534,321,068, Trading Volume – $864,780,283, Key Resistance Levels -$0.318, $0.323, $0.328 and Key Support Levels – $0.311, $0.308, $0.305.

Particular – Ripple(XRP), Price – 0.314542 USD, rank – 3, market cap -13,485,268,395 USD, 24hr volume – 744,476,488 USD, circulating supply – 42,872,646,068 XRP, ROI – 5254.97%.

XRP coin has made a lot of progress in the crypto market, the future of Ripple is also bright. Hence, the investment in the coin wouldn’t happen to be a waste. Investors and traders are expectant that the coin might be seen wavering around $0.7 by the end of the year. Altogether, the coin would be a lucrative deal. The currency is best suited for a long term scheme. The traders and investors would be seen scheduling tremendous profits on their investment.

Ripple (XRP) is exhibiting a bullish paradigm on the hourly chart as the price activities near support. The bearish leg down has made the market to dot a new monthly low at $0.308 during yesterday’s trading.

Presently, buyers have managed to shove trade back to $0.315, where the price brushed the upper channel support. Traders and investors should anticipate a decline back to $0.311, $0.308 and $0.305 supports, connecting the lower channel horizon.

What do you think about the future of XRP? Will the coin succeed along with Ripple? 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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