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XRP Price Prediction: Can XRP Finally Rise?

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XRP price saw some rough treatment from the crypto market in 2019 so far, but there are indications that things might change for the third largest coin by market cap.

In the first days of January, XRP fluctuated between a support level at $0.3500 and a resistance at $0.375. However, come January 10th, the coin got caught up in the bear market that pushed its price further down. While the support level at $0.325 managed to stop its drop temporarily, the drop still continued in the final days of January, forcing XRP to drop all the way down to the support level at $0.30.

The coin even broke this support twice in the first half of February, but it also attempted to grow several times. Its first surge was stopped by a support-turned-resistance at $0.325, while the second growth was cut short by a resistance at $0.31. In mid-February, XRP remained stuck between this resistance and its major support at $0.30, which finally changed with the bull run on February 18th.

The bull run allowed XRP price to easily breach the resistance at $0.31, and it was only stopped by the largest resistance at $0.325. Even so, the coin remained close to this upper level for quite a while, before it gradually dropped to the newly created support at $0.31.

The lack of major bearish activity throughout March allowed the coin to use this level as its base resistance, while the new strongest support formed itself at $0.32. In fact, XRP fluctuated between these two levels for nearly the entire March 2019.

Then, about a week ago, on March 23rd, the coin approached its support, which is when the bearish market struck again, albeit only for a little while. Still, the unexpected drop that followed forced the coin to break this support and drop all the way down to the former one, at $0.30.

XRP sees a sudden spike up

The coin did not remain in the depths for long, but it did stay down for long enough for its support at $0.31 to turn into a strong resistance once again. This is the level that XRP price remained very close to for the entire past week, and it finally managed to break it earlier today, March 30.

$0.315 currently acts as a support level, and XRP price even managed to reach a minor resistance at $0.320. The coin then suffered a minor correction, but it currently sees growth once again. At the time of writing, XRP price sits at $0.319812, after a 3.91% growth in the past 24 hours.

If the coin continues growing, it is possible that it might break this resistance, and go for a higher mark. Depending on the market behavior, XRP is likely to reach the $0.32 mark in the following hours, and if the resistance breaks, it will possibly become a new major support. The crypto market currently sees another of its minor bull runs, which were quite frequent in the second half of February and most of March.

However, if the resistance holds, XRP is likely to continue fluctuating between $0.315 and $0.32 for the foreseeable future. The lack of strength and the occasional bearish wave seem to be its largest problems at the moment, but if the growth continues, then the market might finally shake off even these last remnants of the year-long crypto winter.

Whatever happens, it appears that many have decided that this is a perfect time to buy XRP, as the coin’s trading volume in the past 24 hours sits well above $1 billion, while its current market cap managed to exceed $13.3 billion.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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