TL;DR Breakdown
- XRP price prediction expects potential breakout to the upside
- Bears seem to remain in control
- Bullish momentum building as a falling wedge pattern reaches breakout point
- Volatility decreasing as price begins to increase
- Breakout to the upside seen as article comes to the conclusion
As predicted yesterday, XRP price hit $0.45 and as low as $0.43 in the last 12-16 hours. XRP price seems to be reacting positively as Bitcoin (BTC) begins its growth beyond $20,000 finally.
XRP price has been seeing signficant descending patterns since entering December, but the change in BTC price has revitalized XRP as it rises from the ashes of $0.45 to almost $0.5 at the time of writing.
Currently, XRP price sits at $0.498 as the market blows up – up over six percent on the day opening price.
Use the oscillator below to check what role XRP might play in your portfolio.