Price of
XRP
Rises Despite Negative Macro Financial Week Forecast
The surge in
Ripple's
value can be attributed to institutional investors, who invested more than $1.1 million in
XRP
.
Positive momentum is indicated by the RSI in the bullish zone, indicating significant purchasing pressure for
XRP
.
XRP
is now trading at $0.51 and is trying to get to $0.54; if this doesn't work, it may drop below $0.50 and hit the $0.47 support level.
Because big wallet holders are supporting it, the price of
Ripple
(
XRP
) is expected to increase over the next days.