Ripple Price Analysis

Ripple (XRP) is the third largest cryptocurrency in the crypto-ecosystem. While it is a major player in the markets, Ripple price continues to be stuck in limbo for quite some time now. XRP price has been consistent between $0.30 and $0.32 for quite some time now.

Ripple Price March 2019
Image: Finder

If a bull-run takes place, Ripple price is bound to break past the $0.32 price point, with the next target being $0.35-$0.36. Given Ripple’s impressive performance in Q4 2017 and early 2018, we know that the currency has the capacity to take a massive jump from time to time. However, let us take a closer look at how the price of XRP has performed and where it is heading.

Ripple Price Analysis for March 2019

Ripple Price Technical Analysis march 2019
Image: EmiratesBusiness247

Over the past two weeks, Ripple, just like most other currencies in the top-10, has performed in a rather stable fashion. Like other currencies, Ripple too, appears to be on the brink of a bull-run. Ripple price seems ready to break out and perform but is being held back the market bears.




For Ripple, the current level of support is at $0.30 and the level of resistance stands at $0.32. Following a breakout, the next level of support would form at $0.325 or $0.33 and the next speculated resistance should be between $0.35 to $0.36.

ripple price prediction march 2019
Image: BitcoinMagazine

Can Ripple Replace Ether?

The next big question here is: is it possible for Ripple to overtake the second position that Ethereum holds on to? The answer is YES. A Ripple price surge can lead to a major boom in XRP’s volume, making the overall market cap increase in leaps and bounds. We have seen Ripple take over Ethereum multiple times over the past year.