Ripple on the rise: with an increase in the monthly performance of 27%

During the last sessions Ripple saw a steeply rising exchange price. This has led analysts to think that this cryptocurrency has now taken a bullish phase that will continue over time. There quotation of Ripple it is currently close to the $ 0,400 threshold.

If it overcomes this resistance, it will certainly lead to a fairly significant rise. Many of the experts in the cryptocurrency market had in fact chosen to accumulate Long positions for Ripple, a decision due to its monthly performance which saw an increase in 27%. 

Recall that in 2018 it reached 3 dollars!

The analysis of Ripple's rise 

Le Ripple's monthly performances saw 27% rise. Over the past week, the gains made suggest Ripple's boom, especially during the last few sessions of the market. The price hit the $ 0,4300 value for a moment at the exchange rate, but then returned to its own physiological share equal to 0,400. When it stabilized, analysts still found that the digital currency has entered a bullish channel, so it is expected to rise above $ 0,4100 soon (see the guide to buy ripple). 

At the moment, the recovery was considered to be convincing, so much so that for the analysts the bullish push is very probable, despite the resistance level being identified on the value of 0,400 dollars. If the price is able to overcome this resistance point, according to the analyzes, the target could be set to a target of 0,4500. 

Ripple ready to work with authorities and banks 

Finally, analysts are very confident on the re-launch of Ripple and on the push of the demand upwards, thanks also to the future launch of the latest update, that is RippleNet designed for major US banks. Indeed, Garlinghouse added that Ripple is ready to work with regulators and also with banks, to be able to integrate their businesses with a view to new sustainable as well as fair growth. 

Wallet Ripple

We always remember where to keep your Ripples, in hardware wallets like family ledger  (recommended solution because offline and with private key), or directly in the Exchange or in the app, always remember that not sure you have your Ripple in wallet of which we do not have private keys, even if we talk about big giants.