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Ripple (XRP) Price Prediction : Will the coin continue its bullish trend?

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Ripple (XRP) is currently the third largest digital currency in the crypto market. Ripple connects banks and payment providers via RippleNet to send and receive payments globally without any troubles. Ripple Net runs on the most advanced blockchain technology. Ripple (XRP) provides liquidity payments globally to Banks and payment providers most securely and in the easiest way.

Ripple (XRP) is presently trading at $0.3068 and seeing a 3.9% growth. The market cap is $12.8 billion and the 24-hour volume being $1.1 Billion.

Ripple (XRP) is currently seeing instability in the most unexpected way. The coin started the year with a decent value of $0.37. But it soon fell to $0.28 in the first month itself. On April 1, the market boom was experienced by Ripple (XRP). It gained 15% of its 4 days.

The value of the coin is quite unstable as it has been continually falling since the 10th of April. The value of the coin is expected to fall further and it is only by the end of May that Ripple (XRP) is expected to improve. The resistance level can be expected to be a high as $0.33. The value is expected to grow as high as 1 United States Dollar by the end of 2019. Also, something special can be expected as there are some tie-ups coming up with major Banks and financial institutions that could push the price of Ripple (XRP) to $20.

The present is quite bullish for the coin which can help make profits for the coin as the bullish trends will attract investors towards the coin. The future for the coin is quite interesting and how the different things turn out remains to be seen.

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About Ritika Sharma

Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

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