After a long period of being stuck beneath $0.20, XRP\u2019s bulls are currently in the process of making an attempt to propel the cryptocurrency back into this price region. This slow climb comes concurrently with Bitcoin\u2019s movement up towards its previously established resistance, and a failure for BTC to break through these levels could lead tokens like XRP significantly lower.<\/p>\n
XRP is still trading quite a ways above its key support region, and this level may need to be visited before the support it finds here sparks a massive rally that potentially leads it significantly higher.<\/p>\n
At the time of writing, XRP<\/a> is trading up just under 2% at its current price<\/a> of $0.198, which marks a notable climb from its recent lows of $0.18 that were set earlier this week.<\/p>\n XRP\u2019s slight rise today has come about as Bitcoin attempts to post a sustained break above $7,400, which has held as a strong resistance level over the past few days, and a successful break above this level could open the gates for a short-term market-wide rally.<\/p>\n Although XRP is currently trading down slightly against its BTC trading pair, it is important to note that the crypto may be positioned to see some near-term upside, with Bitcoin Jack \u2013 a popular cryptocurrency analyst on Twitter \u2013 telling his followers that it could surge as high as 0.00003621 BTC, up from its current price of 0.00002643 BTC.<\/p>\n \u201c$XRP bids filled\u2026 Patience = key,\u201d he concisely noted while pointing to the chart seen below.<\/p><\/blockquote>\n $XRP<\/a> bids filled \u2705<\/p>\n Patience = key pic.twitter.com\/F5k3bRWrfA<\/a><\/p>\n — \/\/Bitcoin \ud835\udd75ack \ud83d\udc10 (@BTC_JackSparrow) December 18, 2019<\/a><\/p><\/blockquote>\n\n