Analysis

XRP Price Analysis Sunday 28

The price of Ripple (XRP) for today Sunday January 28, 2018 in real time is XRP 1.32 reporting an increase of 7.46% in the last 24 hours, according to coinmarketcap.

A price with a slight improvement although we do not have a definite trend yet. Ripple went from $ 3.32 (which was its price 3 weeks ago) to $ 0.86, to then come back in the market and trade above 1.30.

Ripple has not managed to get out of the price of 1.40. In several attempts the price  has tried to reach $ 1.36 but then it fell back to $ 1.20 ,to then stabilize at $ 1.30. While the bear market is one of the main problems, Ripple didn’t give news able to influence the mood of the buyers.

The price of the XRP has not provided any sign of significant growth so it is difficult to have a prediction of what will be the direction taken by the price on Monday January 29. I believe that the price of the XRP will remain on the line of $ 1.20 – $ 1.30, unless big announcements from the company are made. Investors could react in a positive way to important news.

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