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Ripple News

Will XRP Continue to Give Stellar Performance in the Near-term?

Larry Carpentier

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Ripple (XRP) News

Ripple (XRP) seems to be bent on moving away from the bearish pressure though it had a slow start to 2020. If we look at the shorter timeframe, yesterday it shows that the price was mostly trading in the upper range though the day began with a bearish outlook. This has raised the hope of the investor community. The past one-day price chart shows the price of the XRP coin fluctuating between $0.2245 – $0.2469, with the price even moving at a high of 17:08 UTC yesterday.

Ripple Price Analysis

XRP coin managed an upbeat performance yesterday, with the price mostly zooming in the upward direction. The day started on a low note for Ripple cryptocurrency, with the price being below the baseline at $0.2245 at 1:09 UTC. It started trading in the upward direction to reach a high of $0.2379 at 9:27 UTC, the upward swing being to the tune of 5.90%. Then at 10:17, the price of XRP coin faced marginal fall and reached $0.2336 by 1.78%. This did not deter the Ripple price from taking an upward rally at $0.2469 at 17:08 UTC showing an upward momentum to the tune of 5.58%.

Ripple (XRP) Price News

With the ongoing strong bear pressure, the currency again had a fall at 22:12 UTC, and the price reached a low of $0.2353 by 4.81% drop. Due to volatility, Ripple coin managed to end the day in the upward direction at 23:17 UTC at $0.2403, showing a moderate rise of 2.12%. However, at the time of writing, the XRP price has moved down to $0.2377.

Ripple price looks all set to take on the mighty bears in the ongoing crypto market volatility. This has raised the hope of the investor community. Analysts have always banked on the capability of XRP and confident on the future potential of the coin. Investors can now heave a sigh of relief as XRP is slowly inching towards a stable upward momentum.

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Ripple News

Will Ripple (XRP) Be Able to Upstage the Bears in the Coming Days?

Larry Carpentier

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Ripple (XRP) Price Analysis

Ripple price has continued to perform well though there have bearish spells at regular intervals. Even over the past seven days, the price of XRP coin has stayed in the upper range for the most part of the week, with the price moving in the range of $0.2026 – $0.2350.

Ripple Price Prediction:

XRP coin has managed to stay above the baseline, as seen from the weekly price movement. The price was at a high of $0.2350 on November 23. It fell to $0.2026 on November 25, showing a downward variation to the tune of 13.77%. On the same day, however, it braved the bear pressure and reached a high of $0.2230, showing a good uptrend to the extent of 10.07%. With the bearish momentum continuing, the price of Ripple continued to fluctuate and went below the baseline at $0.2143 on November 27. XRP coin continued to outsmart the bears and reached a high of 6.86% on the same day at $0.2290. There has been a slight downward movement today, and the Ripple price has reached $0.2257.

Ripple (XRP) Forecast

Ripple continues to stand its ground against the bears, and this is a big relief for its investor community. Investors should keep their current investments and bring in new investments as the price is expected to go up once the bullish phase hits the XRP coin.

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Ripple News

Will Ripple (XRP) Inching Towards a Further Fall?

Larry Carpentier

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Ripple Price Prediction

Significant cash transmission organizes MoneyGram has reported that Ripple has finished its unique duty with a last $20 million venture, and it can have an impact on XRP. $0.2527 was Ripple’s price last week, with the trend being an upward one. It was valued $0.2529 on November 21, 2019 with the same momentum maintained. Then, the price of XRP coin was dropped by 11.78% and reached $0.2231. It managed to rise from the fall and get traded at $0.2351. However, the present situation shows the bears to maintain control of Ripple’s price in the coming day as well.

Ripple Price Prediction:

The XRP price evaluation since November 22, 2019, when it was $0.2351 shows the fall by 6.68% as of now. The price can drop even further shortly and reach around its next support $0.2178.

It is your wish whether you want to purchase new coins or hold the existing ones. From November 19 to 24 was the best phase as Ripple prices were stable, and most importantly the trend was bullish. $0.2007 was the lowest recorded value, which was on November 25, 2019. XRP is a decent investment option and can trade above its 7-day high $0.25 soon.

Rippel Price Chart

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Ripple News

Will Ripple Price Let Bears Upset Its Plan for A Bull Run?

Jolene Man

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Ripple XRP

$0.37209470 was Ripple’s price at the start of this year. It looked like it may rise further before being controlled by the bears. The negative trend remained until about May 2019. 57% growth was shown by XRP coin within a week’s time in May 2019. Then, it sustained a similar trend till end of June. From June 24, it was unable to maintain such efficiency, and it started dropping value. Ripple price dropped by 38% in mid of July. The present scenario indicates the bearish phenomenon.

Ripple Price

Ripple Price Analysis

Ripple price comparison since November 6, 2019, shows the downtrend by 23.30%. XRP price may fall further down and reach its next support $0.2385 after some time.

As per the trend noticed, traders should hold XRP coins as of now. $0.23636 and $0.24565 is the trading range for today. May – July was the best phase for Ripple as prices were rising. The remaining YTD trend has been a negative one. XRP coin being circulated with a long vision can prove more profitable.

Resistance & Support Levels

R1: $0.251257, R2: $0.258749 and R3: $0.263985

S1: $0.238529, S2: $0.233293 and S3: $0.225801

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