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Does Ripple (XRP) Hold a Possibility of a Price Rally Any Soon?

As reported by CryptoNewsZ, “XRP trades stagnantly around $0.19 for a fortnight now, with a few traces around $0.18 price area. The major resistance for the coin lies around $0.20, which was last hit by XRP/USD on December 17, 2019. With this, the market cap has been seen consolidating around $8.5 billion. The major resistance […]

By Chris Sykora · December 31, 2019
Does Ripple (XRP) Hold a Possibility of a Price Rally Any Soon?

As reported by CryptoNewsZ, “XRP trades stagnantly around $0.19 for a fortnight now, with a few traces around $0.18 price area. The major resistance for the coin lies around $0.20, which was last hit by XRP/USD on December 17, 2019. With this, the market cap has been seen consolidating around $8.5 billion. The major resistance that the coin is currently facing is around $0.198, to have a persistent trade above $0.20 again.

“Yesterday, many altcoins, including ETH, BCH, BSV, etc., have shown an impressive intraday movement, but today, while we sit back and enjoy the last day of the decade, all the major cryptocurrencies are trading in the red.

“BTC faced a major rejection of around $7,500 and is trading at $7,271.4, at the press time. As per the current momentum and trend of XRP against USD, we foresee a massive price rally…”