09 Oct XRP Looks Primed for a Strong 2019 Finish, Notes Cryptocurrency Analyst
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As of October 8, 2019, XRP is the third-largest cryptocurrency based on market capitalization. However, while most of the crypto market has been bullish in 2019, the current XRP price is lower than that on January 1.
On January 1, 2019, XRP was trading at $0.346. It is currently trading at $0.276, a decrease of roughly 20%.
However, the recent price movement for XRP indicates that an upward move might follow shortly.
As blockchain enthusiast and investor @CryptoWelson stated, the XRP price has reached a significant resistance line.
$XRP is currently at strong resistance around (28.5 cents). If we manage to break through it, this will be the most bullish sign XRP will have in the last 2 years!
I’ll keep everyone updated on further price actions! pic.twitter.com/3MNnNuhhZ4
— Crypto Welson 📊 (@CryptoWelson) October 8, 2019
XRP is trading right at the descending resistance line, which is part of the descending wedge which it has been trading in.
The descending wedge is a bullish pattern,…
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