marketcyclescrypto

Ripple is now ready for the next bull run

Long
“Ripple will go up because of a lot of positive news like Santander’s launch of their blockchain partnership with Ripple and Apple will also use Ripple.”

Ripple, at 10:38 AM UTC was seen to be trading at $0.642 with a market capitalization of $25.149 billion. The coin has had a gain of 0.99% and it peaked at an intraday high of $0.708 at 10:30 AM UTC yesterday. Right now the coin is struggling to stay above the $0.65 mark which is crucial for the coin. Ripple ended yesterday at the price of $0.640 and right now the indicators on the hourly chart show that the coin is more likely to consolidate at this level or it may even go down. A 28.3% rally for the week was achieved by the coin with a 10.77% gain on Wednesday and a 19.24% gain on Thursday. Yesterday the coin dropped to an intraday low of $0.613 with a support of $0.541. The coin then peaked at an intraday high of $0.708 to test the day’s major resistance level at $0.703 before dropping to $0.60.
The sentiments of people from around the world say that that it was expected to happen as the hourly charts of most of the coins showed a tendency for them to consolidate. The Bitcoin dominance is slowly moving up to 42.5% as was seen at 10:27 AM UTC.

Our sentiment analysis segment provides you with sentiments of people from around the world which were gathered after having a discussion with people around the world to give you quality opinions on the current market trends. This segment is carefully structured after interviewing a group of investors, miners, skeptics, analysts, influencers and thereby framing their comments as it is
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.