Ripple forecast – price could rise by 30% soon!

In our last Ripple forecast , we wrote that the price could soon rise a little more because the price had reached the end of a formation. As a result, the course broke a trend line, which is why the course had aimed for and also achieved the goal we had stated. But how could the Ripple course continue in the near future? Could the price rise by around 30% in the near future? We at CryptoTicker will enlighten you!

Ripple price has formed a clear uptrend on the smaller time frame. We were able to form a low of around $0.63 and right after that a high of $0.78. It then sold off to $0.71 (higher low) with a pump to $0.85 which means we are in an uptrend as the price made a higher low as well as a higher high. Now we think that Ripple price has made a new low at $0.745 while performing a retest of the trendline that was recently broken. This could confirm the upward trend again. If the price does not fall further, we assume that the price could soon perform to a new high. This would be above $0.85 and thus also above the observed trend line. Should the trend line break,

If the ripple price respects the current sub-uptrend, we could break the trend line, which has been serving as resistance for months. If the trendline breaks, the price could rally to $1 as trendline breaks result in an overall uptrend in most cases. After the price hits the $1 level, the price might bounce again and face a slightly larger correction. This could last to $0.86. But more on that in the next Ripple article.

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