XRP cryptocurrency forecast for August 2020

Ripple's XRP has grown by 247% since yesterday, its highs are now at $0.253, and on the daily chart, signals indicate continued growth:- The exchange rate rose, the value of the asset exceeded $0.25, and this is the highest level in five months.- The coin is trading above the $0.26 resistance level, and this is the highest level since mid-February 2018.The rate has increased from $0.236 to $0.27 in the last few days, and this is the highest level since mid-February 2018.The next level is at $0.28, and the rate is also the highest level in the last six months.Since the beginning of the year, the exchange rate has been growing inversely. The exchange rate is supported at $0.22, and this is the opposite of the level of $0.245, from which the coin derives its value.The next resistance is at $0.28. Everything written is the personal opinion of the site developers and does not encourage readers to do anything. Be aware of the risks when investing in cryptocurrency.