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Home News Ripple News

Ripple price prediction; major resistance achieved to break through

Saad B. Murtaza by Saad B. Murtaza
May 14, 2019
in Ripple News
2 min read
Ripple price prediction; major resistance achieved to break through 1
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XRP/USD has hit the zero point three dollars ($0.3300) price mark at last. Although a lower correction was dealt with the support levels were not fazed too much and continued to remain stable at ($0.3075) with only showing signs of increase.

Despite rallying Bitcoin prices Ripple XRP prices had been stagnant during the same period but it has finally broken off the stagnancy finding new support levels.

The next support level is expected to be near ($0.3400). Ripple’s current trading price started off well near the zero point two nine and zero point three zero ($0.2950 and $0.3000) price levels.

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Ripple price slide continues

After hitting the zero point three four ($0.3420) price level a lower correction of zero point three zero ($0.3020) occurred.

The crypto space has been enjoying a bullish run in the market and most coins including bitcoin, ethereum, bitcoin cash, ADA and XRP have been on the rise.

Ripple price prediction; major resistance achieved to break through 2Ripple XRP price chart created with Trading View

The XRP/USD pair started off near the $0.2840 level then ascended upwards from there. During this, the zero point two nine ($0.2900) and zero point two nine two ($0.2920) resistance levels were broken.

This breach was important as it moved XRP into a positive zone. The XRP/USD pair traded above the zero point three two and zero points three ($0.3240 and $0.3320) resistance levels.

The pair even hovered above the zero point three four ( $0.3400) level, but that price mark was not stable and it quickly fell below.

This caused a correction to occur near the support levels of zero point three two ($0.3240). It looks like that the hard time is over for Ripple price.

XRP is trading above the $0.3150 level and its resistance levels are near $0.3200. If downside correction ever occurs the price is very likely to settle near the zero point three one and zero point three zero ($0.3120 and $0.3075) levels.

Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

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