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XRPUSD analysis: is Ripple ready for another bull run?

XRPUSD analysis: is Ripple ready for another bull run?

February 19, 2019 AtoZ Markets  – Ripple price surged more than 8% during early hours on Tuesday to trade at $0.3380 at the time of press. The third largest coin with the current market value of $13.4 Billion has gained over 13% since last week with a total volume of over $106.96 Million. 

Ripple price prediction for short term

Looking at the charts, Ripple price surged above $0.3050 against the US Dollar. The price of the coin began an uptrend and broke the $0.3000 and $0.3060 resistance levels. The pair now moved into a bullish zone over the $0.3300 resistance and the 100 hourly simple moving average. Soon, the buyers took control over the $0.3100 level, bringing about increases over the $0.3150 and $0.3200 daily resistance levels. The price of the coin traded near the $0.3328 weekly resistance and another weekly high was formed at $0.3498 level.