Ripple News (XRP News)

Will XRP Sustain Its Bullish Influence to Cross $0.30 Mark?

  • XRP has continued its upward momentum and added 17.26% in the last seven days
  • It is likely to go ahead with the current bullish vibe in the short-term

Ripple cryptocurrency has continued its bullish trend over the last seven days and managed to get a push to the extent of 17.26%. The value against USD has traveled from $0.2438 to $0.2859 in this period.

Ripple Price Analysis

XRP coin was trading at $0.2438 on January 31, and over the next two days, the price was trimmed by 2.87% to the lowest point of the week at $0.2368. It was followed by a massive hike of 13.43% that added $0.0318 to the Ripple price and pushed it to $0.2686 by February 04. Later, XRP coin marked a strong upward movement and over the next three days, the value was pumped up by 9.74% and reached the highest point of the week at $0.2874.

ripple newsRipple’s current price is already trending above its 50 days MA ($0.2836) and 20 days MA ($0.2855). As per the past performance and current trend, XRP will continue the current bullish run in the upcoming days. It may find the comfort of $0.2876 as its next resistance point. We can expect a few sudden price fluctuations in the coming days on the intraday level.

Ripple (XRP) Resistance and Support Levels
R1 $0.2876
R2 $0.2929
R3 $0.3000
S1 $0.2751

Thomas Gillard

Thomas is news editor at CoinNewsSpan. He has worked as a sub editor for leading newspapers and magazines. He is responsible for streamlining the news that would go live on the site. He single handedly executes different editorial decisions that are taken from time to time. His primary focus areas include Ethereum and Ripple and crypto mining.

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