Analysis of the price of Ripple Monday, February 12, 2018

The Ripple price today, Monday, February 12, 2018, in real time, is XRP 1.03 (0.04, 4.10%), presenting a 13.10% increase in the last 24 hours.

Analysis for informational purposes, do not claim to be an investment advice. Each person is responsible for creating their own analysis.

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Key points in the analysis

The price of the Ripple was recently corrected to the downside and found support near the level of $ 0.8400 against the US dollar.
A crucial bullish trend line is forming with support at $ 0.9350 on the hourly chart of the XRP / USD pair.
The pair may continue to rise in the short term and could gain an upward momentum above $ 1.0000.
The price of the XRP moves slowly up against the US dollar and Bitcoin. XRP / USD seems ready to get bullish momentum once there is a break above the $ 1.0000 level.

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