Home Coins Ripple XRP Ripple Price Analysis August 2020 | 40% Weekly Rise, More to Come?

XRP Ripple Price Analysis August 2020 | 40% Weekly Rise, More to Come?

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XRP Ripple Price Analysis August 2020 | 40% Weekly Rise, More to Come?


At long last XRP has come out of hibernation mode and the XRP price has finally started to claim its old heights again. In fact, Ripple XRP sales have skyrocketed this quarter compared to the sales figures of Q1. Namely, sales of XRP (Ripple) saw a dramatic increase of a whopping 1,760%. And with this terrific XRP rebound, the XRP August 2020 forecast is looking as bright as can be.

Currently, the XRP technical analysis has returned to the $0.30 level. And over the weekend, when the rest of the cryptocurrency market was experiencing its 2020 highs, the XRP (Ripple) price analysis even broke above the $0.32 mark.

And although it still has yet to reach February’s high point of $0.35, so far the XRP August analysis shows a 75% surge since the beginning of July. This has allowed the cryptocurrency to retake third place in terms of market cap. And it’s also served for many an optimistic XRP Ripple price prediction for the next few weeks – by the very least. Either way, for XRP August is already proving to be an exceptional month but let’s see what else it might have in store.

Watch the full video to find out what our Ripple August 2020 prediction entails for the near future. And stay tuned for our next full XRP Ripple technical analysis! Have a different take on the XRP price forecast? Then let us know what your XRP forecast is in the comment section below!

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