(XRP) Ripple Price: Expect Growth Despite Resistance

Ripple (XRP) became a mainstream and prominent player in the world of cryptocurrencies over the past couple of months owing to its strong growth in 2017. The currency grew by an incredible, 36,000% in just one year – bringing a large number of investors to back it up. Ripple price has since been on a downhill ride – but it looks like a recovery has now begun. Let us take a look at the Ripple price movement over the recent past, as well as where it is headed:

(XRP) Ripple Price Over The Past 24 Hours

Ripple price, over the past 24 hours, has grown by close to 4%. The currency started the day at a price of $1.15 – then jumped to $1.22, but has since come down to $1.19. Ripple’s market cap too, grew from $44 Billion to $46 Billion. The currency continues to grow day-by-day. The past 24 hours have been ideal for Ripple investors.

(XRP) Ripple Price Over The Past Week

The past week has witnessed a strong growth for the Ripple price. The currency began the week at $0.96 and peaked momentarily at $1.22, before coming down to $1.19 to close the week. The market cap during this period grew from $37 Billion to $46 Billion. Most of this price surge can be attributed to the fact that Ripple has been teaming up with a number of payment service providers over the world – and to their recent partnership with Western Union.

(XRP) Ripple Price Expectations

Ripple price update 18 February 2018
Expected movement of Ripple price | Image; Tradingview

Ripple price is expected to continue to soar despite a few lines of resistance that will come up. The next major resistance is expected between $1.22 to $1.25 mark – which Ripple is expected to surpass over the next day or two. Following that, the $1.35 and $1.5 marks will also test the support of the bulls. However, if Ripple continues to announce these partnerships, expect the prices to surge over the next week despite resistance.

For more (XRP) Ripple price related updates and news stay tuned to Cryptocrimson or you can also bookmark our page. We’ll also keep adding updates to this article for real-time analysis.

You can check out our updates on other cryptocurrencies as well:

Disclaimer: Neither the management nor the authors at CryptoCrimson are responsible for any losses, financial or otherwise, which may occur due to investing based on our articles. These are market predictions – which are not set in stone. The information provided is only for educational purposes and cannot be considered a financial advice.

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