XRP has been immune from the recent bearishness seen amongst Bitcoin and other major cryptocurrencies, as it has been able to post significant gains from its recent lows in spite of the bearishness seen amongst the aggregated crypto markets.<\/p>\n
The cryptocurrency\u2019s positive price action in recent times may not end anytime soon, as prominent analysts are now setting short-term targets with 10% upside, meaning that XRP may soon visit $0.33.<\/p>\n
At the time of writing, XRP<\/a> is trading up roughly 1% at its current price<\/a> of $0.295, which marks a decent climb from its daily lows of just beneath $0.29.<\/p>\n XRP has been in a firm uptrend ever since it hit lows of $0.24 in late-September, and it has been able to climb significantly in the time since these lows were visited, and incurred this upwards momentum in spite of Bitcoin\u2019s recent period of consolidation within the lower-$8,000 region.<\/p>\n Importantly, over the past week $0.30 has proven to be a region of relative resistance for XRP, but it does appear to be laying the groundwork for a decisive surge above this level, which may be driven partially by the hype surrounding Ripple\u2019s upcoming Swell event.<\/p>\n This event is set to take place early next month, and analysts have pointed out that it is historically preceded by an XRP price surge which may stem from investor\u2019s expectations that the company will announce new developments surrounding their products that utilize XRP.<\/p>\n Additionally, Harry \u2013 a poplar cryptocurrency analyst who focuses primarily on XRP \u2013 explained in a recent tweet that he believes that the crypto will target $0.33 next.<\/p>\n \u201c$XRP fan’s, here is the long term RSI pictograph for the #XRP chart, should be clear why I think the market will recognise longing $0.33c as a very positive play with good R:R. Accumulation, headfake, retest…? $XRP fizz looks close x,\u201d he explained while pointing to the below chart.<\/p><\/blockquote>\n $XRP<\/a> fan's, here is the long term RSI pictograph for the #XRP<\/a> chart, should be clear why I think the market will recognise longing $0.33c as a very positive play with good R:R.<\/p>\n Accumulation, headfake, retest …. ?$XRP<\/a> fizz looks close x pic.twitter.com\/nbFPQF9Tun<\/a><\/p>\n — Harry (@HaraldoXRP) October 20, 2019<\/a><\/p><\/blockquote>\n\n