The standards of Ripple have finally been set. The CEO of SBI, Yoshitaka Kitao, recently mentioned that they want to accommodate MoneyTap as it might be useful in the contribution of xRapid using XRP.
SBI CEO @yoshitaka_kitao
"We have 25 participating banks and 8 are API platform connected (with #Ripple)"
"We want MoneyTap to accommodate international remittance, so we created a mechanism and it may contribute to xRapid using #XRP #XRPcommunity #xrpthestandard pic.twitter.com/vlGMkzbnrJ
— Dillon (@Dillon) July 30, 2019
Current Statistics of Ripple:
The value of XRP is currently trading at $0.31864 at 04:53 UTC on 31st July 2019. The other essentials are calculated as:
- Return on Investment: 5307.15%
- Total supply/Circulating Supply: 99,991,387,607 XRP/ 42,872,646,068 XRP
- 24 Hour Volume: 940,941,608 USD
- Market Cap: 13,616,671,512 USD
- 7 Day high/low: 0.326285 USD / 0.304110 USD
XRP to USD Price Comparison:
In the past 6 months, the lowest of Ripple price was seen on 6th February at 00:00 UTC with the trading value of $0.29305. The value escalated by 27.12% on 5th April at 04:00 UTC with the trading value of $0.37252. The value dropped from then dropped by 21.95% on 25th April at 22:05 UTC trading at $0.29113. The value then escalated tremendously by 62.49% on 16th May at 00:00 UTC, trading at $0.47306.
Ripple price dropped by 23.8% on 23rd May at 10:00 UTC trading at $0.36295. The value then escalated to the highest of 6 months trend by 34.82% on 22nd June at 14:00 with the trading value of $0.48933. However, the value dropped again by 39.96% on 16th July at 20:00 UTC trading at $0.29353. From then on, the XRP price is slightly escalated by 8.46% as of now.
Ripple Price Prediction and Conclusion:
Traders may get their eyes on acquiring a few come back with XRP. However, they may need to sit tight for somewhat more time. Since the bears’ pattern proceeds for Ripple, users may very well need to exchange under the more secure zone in the resistance & support levels as:
$0.323296, $0.328123 and $0.335838
$0.310754, $0.303039 and $0.298212
How about we trust in XRP to slide back to bullish pattern soon! What’s more, we never know, we may almost certainly observe the last touchdown at $0.75 by 2019 end.