XRP / USD quotes are trading at 0.5351 and continue to move within the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 24,370,255,872. Moving averages indicate a short-term bearish trend for Ripple. Prices bounced off the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the support level near the 0.4825 area. Further, an upward rebound and a continuation of the rise of the cryptocurrency to the area above the level of 0.6505.
Cryptocurrency XRP Price Forecast for February 18, 2021
A test of the rising trend line on the relative strength index (RSI) will be in favor of raising the XRP / USD quotes. The second signal in favor of the growth of asset quotes will be a rebound from the lower border of the ascending channel. Cancellation of the option of raising the cryptocurrency will be the fall and closing of quotations below the level of 0.4405. This will indicate a breakdown of the support area and a continued decline in XRP / USD to the area below the level of 0.3565. Confirmation of the rise in the digital currency rate will be a breakdown of the resistance area and closing above the level of 0.5995.
Therefore, Cryptocurrency XRP Forecast and February 18, 2021 imply an attempt to test the support level near the 0.4825 area. Where can we expect the cryptocurrency to continue to rise with a potential target at the level of 0.6505. An additional signal in favor of the growth of Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of the option to raise quotes will be a fall and a breakdown of the 0.4405 area. In this case, we should expect a continuation of the decline in the rise in digital currency with a target below 0.3565.
500.com, a former Chinese lottery website that turned into a mining business announced the acquisition of BTC.com’s mining pool from Bitmain in a share exchange offer. The offer saw Bitmain acquire 10% of 500.com’s current 44,353,435 Class A ordinary shares of par value US$0.00005 per share.
Breaking: On February 16, https://t.co/R48OHLWlyt announced the acquisition of the https://t.co/H9BT0blVLk mining pool brought out from Bitmain by Wu Jihan with about 10% of https://t.co/R48OHLWlyt’s shares。 pic.twitter.com/Mf9qmKNODC
— Wu Blockchain (@WuBlockchain) February 16, 2021
BTC.com was ranked third in terms of hash rate input to the Bitcoin mining ecosystem at the time of acquisition. The mining pool at one point also held the top spot for offering the highest hash rate during Bitmain’s peak years.
Ripple Price Prediction (XRP) Monthly Analysis 2021,2022,2023
Ripple Price Prediction for February 2021 . The course at the beginning of the month is $ 0.47. The maximum rate is $ 1.05, the minimum is $ 0.35. Average monthly rate $ 0.71. Ripple rate forecast at the end of the month is $ 0.98, change for February is 108.5%.
Ripple course forecast for March 2021 . The course at the beginning of the month is $ 0.98. The maximum exchange rate is $ 1.22, the minimum is $ 0.98. Average monthly rate $ 1.08. Ripple rate forecast at the end of the month is $ 1.14, change for March is 16.3%.
Ripple Price Prediction for April 2021 . The course at the beginning of the month is $ 1.14. The maximum exchange rate is $ 1.41, the minimum is $ 1.14. Average monthly rate $ 1.25. Ripple rate forecast at the end of the month is $ 1.32, change for April is 15.8%.
Ripple course forecast for May 2021 . The course at the beginning of the month is $ 1.32. The maximum rate is $ 1.32, the minimum is $ 1.03. Average monthly rate $ 1.20. Ripple rate forecast at the end of the month is $ 1.11, change for May is -15.9%.
Ripple Price Prediction for June 2021 . The course at the beginning of the month is $ 1.11. The maximum exchange rate is $ 1.38, the minimum is $ 1.11. Average monthly rate $ 1.22. Ripple rate forecast at the end of the month is $ 1.29, change for June is 16.2%.
Ripple course forecast for July 2021 . The course at the beginning of the month is $ 1.29. The maximum exchange rate is $ 1.37, the minimum is $ 1.19. Average monthly rate $ 1.28. Ripple rate forecast at the end of the month is $ 1.28, change for July is -0.8%.
Ripple Price Prediction for August 2021 . The course at the beginning of the month is $ 1.28. The maximum rate is $ 1.28, the minimum is $ 1.01. Average monthly rate $ 1.17. Ripple rate forecast at the end of the month is $ 1.09, change for August is -14.8%.
Ripple forecast for September 2021 . The course at the beginning of the month is $ 1.09. The maximum rate is $ 1.31, the minimum is $ 1.09. Average monthly rate $ 1.18. Ripple rate forecast at the end of the month is $ 1.22, change for September is 11.9%.
Ripple Price Prediction for October 2021 . The course at the beginning of the month is $ 1.22. The maximum rate is $ 1.52, the minimum is $ 1.22. Average monthly rate $ 1.35. Ripple rate forecast at the end of the month is $ 1.42, change for October is 16.4%.
Ripple course forecast for November 2021 . Course at the beginning of the month $ 1.42. The maximum exchange rate is $ 1.42, the minimum is $ 1.14. Average monthly rate $ 1.30. Ripple rate forecast at the end of the month is $ 1.23, change for November is -13.4%.
Ripple Price Prediction for December 2021 . The course at the beginning of the month is $ 1.23. The maximum rate is $ 1.26, the minimum is $ 1.10. Average monthly rate $ 1.19. Ripple rate forecast at the end of the month is $ 1.18, change for December is -4.1%.
Ripple course forecast for January 2022 . The course at the beginning of the month is $ 1.18. The maximum exchange rate is $ 1.47, the minimum is $ 1.18. Average monthly rate $ 1.30. Ripple rate forecast at the end of the month is $ 1.37, change for January is 16.1%.
Ripple Price Prediction for February 2022 . The course at the beginning of the month is $ 1.37. The maximum rate is $ 1.37, the minimum is $ 1.07. Average monthly rate $ 1.24. Ripple rate forecast at the end of the month is $ 1.15, change for February is -16.1%.
Ripple course forecast for March 2023 . The course at the beginning of the month is $ 0.86. The maximum rate is $ 0.86, the minimum is $ 0.70. Average monthly rate $ 0.79. Ripple rate forecast at the end of the month is $ 0.75, change for March is -12.8%.
