Home / Analysis / Ripple Price Spiked by 22%, Approaching towards $0.42, How far XRP Price Could Go?

Ripple Price Spiked by 22%, Approaching towards $0.42, How far XRP Price Could Go?

The cryptocurrency market is experiencing the bullish surge in the cryptocurrencies value and the currencies such as Bitcoin, Ethereum, Ripple, and Litecoin are enjoying the increase in their prices. Whereas, Bitcoin was holding its position firmly in the market from days, the other currencies as Ripple was under some bearish pressure and experiences ups and downs throughout the past week in the market.

Today, the price of the cryptocurrency Ripple has dramatically surged up to 20% in the market and a few hours ago Ripple’s value is increased by 21.04%. It was trading at the value of $0.387165 at that time. This is a good thing that Ripple’s prices go up after pressurizing by a bearish movement for weeks and this price surge obviously will make the investors happy. Ripple has crossed the resistance level of $0.35 and the experts are predicting that if XRP stays bullish then it could make up to $0.42.

Current Price of Ripple (XRP): Ripple is trading presently at the value of $0.373921 USD and its value is increased by 17.57%. The market capitalization of the Ripple is at $15,754,526,465 USD and the 24-hour volume is at $4,007,342,643 USD. The circulating supply of the currency is 42,133,310,721 XRP and the total supply of the currency is 99,991,633,428 XRP.

After this bullish movement of the Ripple in the cryptocurrency market and breaking the resistance level of $0.35, the experts are positive that if Ripple’s stays bullish then it could easily reach up to the next resistance level of $0.42. The value of XRP’s has firmed support at the price of $0.36. The experts are looking over the potential of the Ripple currency and predicting if it stays with the bullish trend, and then could reach the mark of $1 by the end of this year.

About Arushi Dubey

Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

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