XRP (Ripple) Price Prediction – Will XRP Continue HIgher?

welcome everyone to hfn today is july the 27th 2020. now this video is going to be about xrp we're going to update you all on our expectations of what the market

Trapper is going to do but before i get started in that i always want to remind each and every one of you to make sure that you come and join us on our own website which is right here you all can see it

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Regarding what we're noticing in these equity markets as well as in the cryptocurrency space so make sure you all do that so we're going to talk about xrp today okay last time we did our video for xrp

Was all the way back here on july 24th and you guys can see already we expected the market trapper to continue the strength in xrp and that is precisely what occurred in this space at least

Five percent you guys could have received out out from the market drivers pockets and place it right back into yours due to the expectations and the forecast that we generated

Back here on the 24th of july okay so now five percent or let's just say you want to get off the market right now 6.8 percent profitability in this space now that's old news we need to get rid of it

And now we need to talk about what the trap is trying to do going forward for xrp so now the trend still in play okay so we still understand that the market trapper is still a little bit more

Euphoric he's still pushing the strength into the market based off the presumption that this market is trending well above our ascended line number two the market trapper is

It has successfully passed above our last restriction area of 21 cents so now we need to adjust it because this area for xrp was acting as resistance all the way back on the 9th of july and then from the 31st all the way

To the 2nd of june the market in xrp could not break above 21 cents but look it did it on the 25th of july so that area was successfully overcome by the market trapper so those are two

Positive things that we can see on the price chart to substantiate that he still wants to increase the value xrp so zooming out we need to determine where it's going to be the next area of

Restriction and where would be the next area of us seeing the market trapper finding some sellers and it's right there around 23 cents

You extend this out a little bit further you can see how the market for xrp was acting as restriction during 2019 of december it was acting as support for beginning half of march 2020 acted

As a restriction for april may of 2020 and now i'm suspecting that he's going to try to come back up here to this level again and this is where the battle is going to be had at

For the market trapper and everyone else okay this is the next area if not this area is going to be 24 cents but generally you guys get the gist that the market for xrp is anticipated to continue to

See higher price and i'm going to extend up our ascending line into the market for xrp and now you guys can see simple right this is the next expectation into the

Market trapper so this is going to be the effective area of the forecast all right going forward we're going to have to continue to watch for strength and weakness for xrp

In this vicinity okay this is the area of forecast right here this is what we need to pay attention to in the market for xrp this area right here we need to see strength to substantiate

That xrp is going to break about 23 cents or if we start seeing weakness in this area then we understand that the mark's going to break this ascending line to the downside

Simple now based on the what i said earlier we already understand that the strength has a leg up against the weakness right now

So we're still going to expect the market to continue to see higher price and xrp from a daily perspective looking at xrp on a weekly perspective as well

The market on a weekly perspective did see a lot of volatility only because of the spread i mean we saw some movement to the downside we saw some moving to the upside we closed off the

High last week but we still closed past 21 cents which was acting as restriction the monthly time frame looks real good too to continue to see this market strength

So even from a monthly perspective the market and xrp looks to continue to move well past 24 cents maybe even hit 26 cents in the long term i'm just keeping it real the monthly price chart

For xrp is definitely substantiating that it has some legs to continue to move higher in price but looking at on the daily perspective taking it bit by bit

That's how we're going to continue play this market okay another thing is that we saw a lot of volume coming to the market xrp yesterday and we even saw the market close well

Off the highs but look at the market now so all of the volume that tried to push down the value xrp did not have any effect especially in the next 13 hours we see

The market close at the high that definitely substantiates that the market is still reflecting strength all right so what we're going to do we're going to go ahead and play a forecast into the market

To see continuation with a higher price definitely 21.5 cents needs to be maintained for support in order for the market to really tag out at 23 cents

Now we fall and break below that area the next area is going to be 21 cents even all right now all of this is going to be in the forecast area

Okay so we already saw the market yesterday the market trapper tag out at 22 and a half cents that's going to be our tp once again so it'll be about two and three quarters

Of percent profitability and that but i'm going to tag it out at 23 cents because we saw in the background of this chart that that 23 cent area is restricted so we'll tag it out there

Ultimately for xrp okay so that's very simple to see and understand so make sure you join us on this particular platform like share subscribe hit the bell

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