Ripple Price Prediction: XRP/USD Struggles to Breach the $0.30 Resistance, May Resume Uptrend ByAzeez MustaphaPRO INVESTOR Updated: 17 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission ā at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage XRP Price Analysis ā August 15XRP/USDĀ is attempting to break above the $0.30 resistance. This is a positive move as it will accelerate price movement on the upside. Similarly, XRP/BTC is also in an upward move but the coin is facing an initial resistance at É0.000026000.XRP/USD Market Key Levels:Resistance Levels: $0.24, $0.26, $0.28Support Levels: $0.22, $0.20, $0.18 XRP/USD – Daily Chart Today, Ripple is trading above $0.30 price level. For the past two weeks, XRP has been on a downward move. The coin was repelled at the $0.325 high and after a retest at $0.32, the selling pressure continued to $0.28 low. The upward move becomes possible because the current support level holds. Besides, the price is above the 12-day and 26 EMAs. This indicates that Ripple is likely to make an upward move. On the upside, if price is sustained above the $0.30 resistance, Ripple will continue to make an accelerated price movement. The current momentum will also break the $0.325 resistance if the bulls are successful. The market will reach $0.36 high once the resistance is breached.Ripple intends to be the Amazon of the cryptocurrency worldRipple was focusing solely on cross-border payments for the past five years when Brad Garlinhouse joined the company as the chief executive officer. Today, Ripple wants to be in the world of payment, what Amazon is to vendors, according to Financial Times news. Ethan Bear, the head of Rippleās developer once said that they want to move from āā writing cheques to writing codesā. What the company meant is that they want to promote the creation of new applications on the Ripple network. XRP/BTC – Daily Chart Ā On the XRP/BTC chart, the price was fluctuating between levels É0.000020000 and É0.000022000 before the breakout. The crypto rebounded above É0.000020000 support to reach a high of É0.000028000. Price is likely to continue upward . In the August 3 uptrend, a red candle body tested the 0.618 or 61.8 Fibonacci retracement level. It indicates that the market will reach a high of level 1.618 extension level or É0.000032000 high. The coin is trading above a 40% range of the daily stochastic. It indicates that the price is in a bullish momentum. Join Our Telegram channel to stay up to date on breaking news coverage