Ripple

XRP Price Claims Up Amid Growing Demand

After losing around 7% of its value in one day XRP price continues to upwards gaining some ground in the new consolidation zone. The price has established new support at $27500 and looks all set to test $0.28350 and $028650 resistance levels. If MACD indicates bearish crossover support level $0.27500 may be retested in the short term, but it is more likely to be just a stop loss hunt rather then a genuine price  at the moment.

Breakout in the direction of the current general trend is more likely and XRP price can soon regain its position around 30 cents price mark.

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