Ripple Is On A Roll: A Brief Overview Of Recent News

Ripple Is On A Roll: A Brief Overview Of Recent News

This week Ripple (XRP) has been mentioned more often than recently, so we present a brief overview of news and facts showing the keys to the company's success.

This news has positively affected the price of XRP. Over the past 24 hours, the price of XRP has gone up by a whopping 45% accompanied by a rise in the volume over the week from around the $300 million to over $1.5 billion.

XRP

XRP
Price
0.3193 USD 0.16%
0.00008857 BTC -1.03%
Volume, 24h
207,393,298 USD
24.19%
Marketcap
13,112,409,428 USD
11%
Emission
41%

Related news

XRP Daily Price Forecast – January 23

XRP/USD Medium-term Trend: Bullish Resistance Levels: $ 0.61, $0.63, $ 0.65 Support Levels: $0.32, $0.30, $0.28 Yesterday, January 22, the XRP price is in the bearish trend zone. The bulls defended the $0.32 price level as the bears failed to break the $0.32 price level. The crypto’s price is still in the bearish trend zone, as the bulls are making frantic efforts to break the 12-day EMA and the 26-day EMA to the bullish trend zone. As it was earlier suggested, that traders should initiate long trades at the lower price level in anticipation of a bullish trend. Today, the crypto’s price is rising and attempting to break the 26-day EMA. Meanwhile, the MACD line and signal line are below the zero line which indicates a sell signal. XRP/USD Short-term Trend: Bullish On the 1-hour chart, the XRP price is in a bullish trend zone. Today, a price reversal candlestick like a hammer appears at the support level reversing the downtrend. The bulls have broken the 12-day EMA and the 26-day EMA to reach the bullish trend zone. The crypto’s price is expected to reach the $0.34 price level and break it. If the bulls break the $0.34 price level, the crypto will be out of the $0.32 and $0.34 price range. Meanwhile, the stochastic is out of the overbought region but below the 60% range indicating that the crypto is in a bearish momentum and a sell signal The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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