Should you buy Ripple (XRP) right now? Crypto Price Prediction Update April 2021

XRP / USD are trading at 0.9586 and continue to move as part of the correction after a strong growth and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 43,413,052,427. Moving averages indicate a short-term bullish trend for Ripple. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth 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 0.8175 area. Further, an upward rebound and a continuation of the rise of the cryptocurrency to the area above the level of 1.2650.

Cryptocurrency XRP Price Forecast for April 9, 2021

In favor of raising the XRP / USD quotes, a test of the rising trend line on the relative strength index (RSI) will come out. The second signal in favor of the growth of asset quotes will be a rebound from the upper border of the ascending channel. Cancellation of the cryptocurrency growth option will be the fall and closing of quotations below the level of 0.6825. This will indicate a breakdown of the support area and a continued decline in XRP / USD to the area below the level of 0.5765. Confirmation of the rise in the digital currency rate will be the breakdown of the resistance area and the close above the level of 1.0505.

Crypto Price Prediction: Ethereum (ETH), Bitcoin (BTC) and Litecoin (LTC) Forecast 9 April 2021

Therefore, Cryptocurrency XRP forecast for April 9, 2021 implies an attempt to test the support level near the 0.8175 area. Where can we expect the cryptocurrency to continue to rise with a potential target at the level of 1.2650. 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 0.6825 area. In this case, we should expect a continuation of the decline in the rise in digital currency with a target below 0.5765.

Ripple (XRP) is not a mineable cryptocurrency which is first started on January 01, 2013. It is using the N/A algorithm and a N/A coin proof type. Ripple has a circulating supply of 45,907,836,568 coins and a total market cap of $45,016,451,626 which ranks it at position 4. Ripple price now is $1.00150 with a 24-hour trading volume of $10,347,649,981. Ripple price reached its all-time high level of $3.4 on January 06, 2018. Ripple price is up 9.30% in the last 24 hours and tends to move upwards by 2.18% according to last hour transactions. Also Ripple price on a weekly basis increased by 74.54%. When we look at the variation of Ripple price monthly, it is up by 110.70%, whereas it is up by 419.76% according to its price 1 year ago.

Euro Dollar (EUR / USD) Forex Price Forecast : Daily Forex Analysis April 9, 2021

Based on the ripple historical price data, we predict the ripple price could be $0.88107 at the end of the year 2021. Also it could be $1.07710 exactly one year later today. In the next 3 years, the highest level ripple price could reach is $6.30522 and the lowest ripple price could be $0.54450. Also check ripple future price and ripple target price data. You can find information about ripple technical analysis and ripple price prediction below. Moreover, detailed ripple price chart provides you valuable comprehensive data.