Analysis of the price of Ripple Monday, February 12, 2018
The Ripple price today, Monday, February 12, 2018, in real time, is XRP 1.03 (0.04, 4.10%), presenting a 13.10% increase in the last 24 hours.
Analysis for informational purposes, do not claim to be an investment advice. Each person is responsible for creating their own analysis.
Key points in the analysis
The price of the Ripple was recently corrected to the downside and found support near the level of $ 0.8400 against the US dollar.
A crucial bullish trend line is forming with support at $ 0.9350 on the hourly chart of the XRP / USD pair.
The pair may continue to rise in the short term and could gain an upward momentum above $ 1.0000.
The price of the XRP moves slowly up against the US dollar and Bitcoin. XRP / USD seems ready to get bullish momentum once there is a break above the $ 1.0000 level.
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