Ripple (XRP) Price Analysis: Can Bulls Touch $0.43 or Not Yet?

Price Predictions
Tue, 04/02/2019 - 08:52
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Alex Dovbnya
🐮Bulls are on the way. Is it too late to buy or not? 🤔
Ripple (XRP) Price Analysis: Can Bulls Touch $0.43 or Not Yet?
Cover image via U.Today

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Tuesday has started with a positive sign for Ripple. Stagnation has switched to a bullish rally. On the breakdown of local resistance, the position has been increased. Currently, quotes are moving in an uptrend. The ultimate goal is $0.43.

XRP/USD

XRP/USD chart by TradingView
XRP/USD chart by TradingView​​​​​

Since the growth we observed over the weekend is not corrective, we now see the beginning of an impulsive upward movement, and in this case, one needs to pay attention to interaction with a horizontal resistance level of $0.3366.

The price of XRP is trading at $0.3294 at the time of writing.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.