According to the XRP price analysis on NewsBtc, the price of XRP isn’t facing any resistance in the ladder to $0.40. The last significant resistance was at $0.34 and the bulls successfully broke out of that resistance yesterday. It may take some time but before the end of the new week, XRP will hit and cross $0.40.
The XRP news today is about the XRP prediction 2019 and how XRP has found strong support at $0.34 and is soaring higher toward the $0.40 level and if the bulls succeed, it will hit this level today before a pullback will bring it lower and prepare it for another bull run to $0.60.
If the price of XRP is able to cross the resistance at $0.40, it would have crossed a significant milestone this year. The XRP prediction 2019 will automatically become bullish. This is what members of the XRP rich list have been hoping for since the beginning of the year.
XRP News Today -XRP Prediction 2019 – Will XRP Go Up?
The XRP technical analysis pointed out that the XRP trading volume is increasing and this is reflecting on the price of XRP as well. The bulls have built a foundation above the $0.34 level and the buying pressure is increasing. When the trading volume goes higher than the volume on the second of April, XRP will most likely hit $0.40. This would be followed by an XRP bull run run to $0.60.
Ripple XRP Developments
In the journey to replace SWIFT, Ripple has made significant progress. The xRapid protocol is gradually becoming more popular and would soon become the gold standard for financial settlements. XRapid is already being used as a good example.
A while ago, The World Bank said that Ripple’s xRapid technology and Circle Pay have forced traditional financial service providers like SWIFT and Visa to innovate. If the SEC gives XRP the regulatory green light, adoption is expected to increase along with price.
XRP (XRP) Price Today – XRP / USD
Notwithstanding, Ripple is still facing challenges. Apart from increase in competition, there is also a lack of regulatory clarity surrounding the XRP token. People are wary about integrating the xRapid technology because it uses XRP as liquidity and the XRP security status isn’t clear yet. Source: Smartereum
XRP Bull Run-XRP Likely to Continue Surging After Holding Above Support
According to NewsBtc; XRP’s price jump today may be partially due to it finding buying pressure at its weekly support level.
The Cryptomist, a popular cryptocurrency analyst on Twitter, shared her thoughts on XRP in a recent tweet, explaining that she expects the crypto to continue holding above its ascending weekly support level, so long as Bitcoin remains stable. She said;
“$XRP Respecting the strongly weekly support, as we currently bounced back within support! Added some upon the wick below. I do expect this to hold, unless btc does something drastic,”
Mati Greenspan, the senior market analyst at eToro, spoke about XRP’s price action in a recent email, noting that today’s surge was first sparked as the Asian trading session began to kick into gear. He explained;
“Since altseason began, many clients have been asking me about the lack of participation from XRP. Indeed, even though many altcoins had a turn to pump over the last few weeks, Ripple had been feeling kind of left out. Well, that seems to have changed this morning as XRP (blue line) has outperformed during the morning’s Asian session ramp,”
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