While Bitcoin price drops, most altcoins have experienced substantial <a href="https://www.newsbtc.com/2019/08/21/ripple-price-xrp-breaks-key-support-more-downsides-likely/">growth</a> led by the Ripple's XRP token within the top ten most important at Fibonacci levels.
<ul>
 	<li>The XRP token has gained +5.01% in price in the last 24 hours, trading at $0.274 against the US dollar.</li>
 	<li>The bridge break at $0.26 was critical to the XRP token's bullish rally in the last two days.</li>
 	<li>Total market capitalization has increased +1.26% in the last 24 hours, while Bitcoin's dominance decreases to 68.0%.</li>
</ul>
The XRP/USD pair has experienced <a href="https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ripple-ethereum-floodgates-of-a-bullish-rally-open-after-key-resistance-levels-broken-ahead-of-facebooks-libra-launch-confluence-detector-201906160555">substantial</a> growth in the last 24 hours by breaking with a robust green candle key resistance levels that were around 38.2% in the Fibonacci retracement, located @ $0.265, which is now forming its key support after the bridge formed on the red flag between $0.254 - $0.264 has successfully broken upwards as we can see in the 1H Binance chart for the XRPUSD pair.

<img class="aligncenter" src="https://i2.wp.com/criptotendencia.com/wp-content/uploads/2019/09/analisis-token-xrp-170919-1.png?fit=660%2C371&amp;ssl=1" alt="AnÃ¡lisis grÃ¡fica 1 hora del Token XRP" />
Graphical analysis of 1 hour of  XRP Token
Now the XRP token after surpassing many analysts' <a href="https://www.cryptoknowmics.com/crypto/ripples-500-million-xrp-tokens-mystery-transfer-from-escrow-wallet/">estimate</a>s by firing a robust bullish candle at levels of $0.275 as immediate break resistance, located at the Fibonacci bullish levels of 61.8 percent, projects a higher growth in its prices in the next few hours or up to double digits if it manages to maintain the expansion experienced so far, which could take it to Fibonacci values of 78.6% ($0.282).

Your more skeptical scenario would return the value of the XRP token to key support levels of 50% and 38.2%, at $0.27 and $0.264 respectively.

To corroborate the sustained growth of the XRP value, we look at the technical indicators for the selected time frame of 1H on the same chart for the XRPUSD pair.

<img class="aligncenter" src="https://i2.wp.com/criptotendencia.com/wp-content/uploads/2019/09/analisis-token-xrp-170919-2.png?fit=660%2C371&amp;ssl=1" alt="AnÃ¡lisis de indicadores tÃ©cnicos en la grÃ¡fica de 1 hora de XRP" />
Analysis of technical indicators in the 1-hour XRP chart
The result is quite encouraging for Bollinger and its bands. The XRP token has visibly managed to break the upper band, and its key support rests on the moving average of BB @ $0.263, right at the midpoint of the fixed bridge. Currently, the indicator is bullish and expects higher price volatility as the distance between the lower and upper band's increases, symptomatic of the increased volatility in the <a href="https://www.cryptoknowmics.com/tag/ripple/">XRP price</a>.

Aroon is bullish, with its orange signal at the top of the chart and its counterpart at the bottom of the chart.

Buying pressure is quite high at the moment for the XRPUSD, due to an unbridled search by many investors to buy the token during the current rally. The RSI levels close to 80 tell us that we are in overbought and bullish levels in the short term.

The token has experienced growth just after information from the Blockchain Global Conference in Paris has unofficially suggested that Ripple, the company behind the XRP token, will establish an alliance with the North American crypto exchange giant Coinbase to use its xRapid technology for cross-border payments.

The statement was released by Ripple's Global Head, Breanne Madigan when he spoke of xRapid technology in a panel on digital financial regulation, using Coinbase as an example of the company that could give value and uses to its cross-border payment solutions technology.

Ripple's XRP token breaks key resistance at 38.2% Fibonacci levels

Most altcoins have experienced substantial growth led by the Ripple's XRP token. Read this article for ripples price prediction.

I am an industrial engineer specializing in blockchain. Enthusiast of cryptocurrencies and writing the latest news regarding the Crypto world.

Ripple's XRP token breaks key resistance at 38.2% Fibonacci levels

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