To the ongoing Bull trend of Ripple (XRP), It is likely to gain 90% more to the current price of $0.2897 USD, with 0.00003475 BTC in terms of Bitcoins. XRP is more likely to push upwards and predicted to beat Ethereum to take its place and be ranked #2 in the cryptocurrency market.
XRP has a market cap of $12,517,129,114 USD with total supply of 99,991,330,383 XRP. The return on investment (ROI) for Ripple has stood at a whopping 4,836.66%. XRP has gained a total of 28% since the end of September and is residing in its trade beneath Ethereum.
The Bullish trend of XRP started exponentially soon after it jumped from its old support level of $0.21 USD. 50 DMA has been conquered and the 100 DMA was being tested. MACD slowly climbed above zero-line, RSI at a steady pace moving into the bullish zones. Not similar to other cryptocurrencies during their downfall, XRP hit the highest low comparatively, and also over the recent observation on the charts of XRP, the likelihood of a serious comeback other than its competitor currencies are very high.
Before this Bullish scenario of XRP, the community of XRP predicted the direction into two directions, one which is completely justifying the XRP’s Bull run, others predicting the complete downfall of XRP. Now the whole community is placing and predicting XRP to reach new higher levels and unrealistic targets in the coming time.
Although predictions can’t be made entirely on assumptions and observation on charts, it can be considered as a reference. As per the charts, major resistances are seen at $0.39 to $0.50 which can be quite a hurdle. If XRP continues to fly at the same pace it will break the above resistances without any least effort and hit the possible targets at $0.33 to $0.50, $0.68, $1.21, $3.9 to $4.