Ripple [XRP] Price Analysis - XRP/USD - 17/12/2018

With a market cap of $11.75 billion at the time of press, XRP is the second most valuable coin in the space. But like the rest, there has been no exception and the coin is battered, dropping below previous support now resistance at 40 cents.

Anyhow, we still retain a bullish outlook on this pair and XRP as a matter of fact it is stable in the last day though it pretty much confined within a tight trade range. Everything else constant, our last XRP/USD trade plan is valid and until after there are solid gains above 40 cents, bears are in control.

If not and there is de-valuation that sees the coin drop below 25 cents, then XRP could end up finding support at 20 cents or 15 cents.

If you wanna see the complete article please follow the link:
https://www.crypto-economy.net/en/ripple-xrp-price-analysis-xrp-usd-range-bound-accumulation-ready-for-40-cents/

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