XRP Price Prediction for Today July 18: XRP Increases Its Price to a New High of $0.94

XRP Breaks the Barrier Level of $0.55 as It Attains a New High of $0.94 – July 18, 2023

On July 13, XRP reclaimed the $0.47 support level and attained a new high of $0.94 . The bullish trend broke through the overhead barrier level of $0.55. At the time of writing, XRP is trading at $0.73. The current upswing has ended after reaching a high of $0.94. It is now ranging between $0.70 and $0.80.

XRP Price Statistics Data:
• XRP price now – $0.7449
• XRP market cap – $39,146,097,978
• XRP circulating supply – 52,544,091,958 XRP
• XRP total supply – $74,486,812,047
• XRP Coinmarketcap ranking – # 12

Resistance Levels: $0.70, $0.90, $1.10
Support Levels: $0.50, $0.30, $0.20

Following the recent rally on July 13, XRP resumed its bullish trend by breaking through the overhead resistance at $0.55. The bullish momentum has slowed as the crypto asset has reached overbought territory. The crypto retraced over $0.70 and began a range-bound movement.

XRP is trading in a narrow range between $0.70 and $0.80. On the plus side, if buyers break through the resistance of $0.80, XRP will rise to a high of $1.42. However, if the bears breach below the current support, XRP will fall to a low of above $0.55.

XRP Outperforms Bitcoin on Upbit with $2.6B in 24-Hour Trading Volume

The price of Ripple’s XRP cryptocurrency increased by over 90% on July 13 to a new yearly high of $0.91 following a partial victory in its protracted legal battle with the SEC. Bitcoin (BTC) tickers lost $30,075 in trading volume and were overtaken by XRP (XRP) tokens of $0.75 on the South Korean cryptocurrency market Upbit on the previous day.

Following Ripple’s partial victory over the US Securities and Exchange Commission (SEC) in their protracted legal struggle.The XRP/KRW trading pair experienced $2.6 billion in trading volume over the past 24 hours. The buying binge was widespread, not just in South Korea. On July 13, the price of XRP increased by 92%, hitting a new high for the year of $0.91.

As a result of this increase, XRP is now ranked fourth by market capitalization. XRP’s market valuation increased by as much as $21.2 billion in the hours following the court decision, reaching a new annual high of $46.1 billion.

Meanwhile, XRP has resumed its upward trend above the $0.70 support level as it attains a new high of $0.94 . The price indication suggested that the cryptocurrency would continue to rise. A retraced candle body tested the 50% Fibonacci retracement level on the July 14 uptrend. The retracement suggests that XRP will increase to the level 2.0 Fibonacci extension, or $1.42.

Alternatives to XRP

On July 13, a price recovery occurred, and now XRP/USD is increasing. The upward momentum has been maintained over the prior price barrier of $0.55. The altcoin is approaching its previous high of $0.94. The cryptocurrency is projected to surpass the $1.00 mark. Meanwhile, the Wall Street Memes (WSM) tokens are soaring as Bitcoin and Major altcoins have recently surged.

Elon Musk is aiming to acquire the entire stock market and limit how much money you may lose on degen transactions. Portfolios are expected to do well because of the never-ending streams of newly created dollars which is in an unsustainable climate that will lead to the inevitable collapse of the financial system.WSM is a superb portfolio that has been performing well. So far, the presale has taken in around $16 million.

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