XRP/USD Price Prediction — Trading on the Verge at $0.30: Where Is XRP Gonna Move Next?

• Ripple appears to be the most stable coin out of the top 5 against the Binance hack: Does it mean a possible bull run?

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Despite the fact that most coins have fallen against the news about the Binance hack, the price of Ripple has decreased only by 0.76% at the time of writing.

If a few weeks ago, information about new Ripple partnerships was a part of the news feed almost every day, the situation has changed now. However, that has not affected XRP’s rate. Furthermore, the quotes have moved closer to the ascending channel, and the coin rarely goes below $0.30. Surprisingly, the growth has happened against the declining number of active addresses, which is less than the total number of Bitcoin nodes.  

Summing up, Ripple adoption does not occur as fast as it is believed in the community.

XRP/USD chart by TradingView

Ripple forecasts have not changed so much from our previous price prediction. XRP tested the lower boundary of the yellow corridor and returned to the midline of the lateral range. The price of Ripple claims to be the most stable one in May.