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Price Analysis

Ripple (XRP) Price Analysis: XRP Shows The Much Awaited Upward Surge Following The Bitcoin Bull Run

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  • Ripple (XRP) has finally ascended higher to everybody’s expectations, bullish trend on the cards
  • Ripple puts an end to the rumored downfall, reports a price surge

Ripple (XRP) is one of the most trusted cryptocurrencies in the global markets today. With platforms namely xRapid, xVia and xCurrent Ripple enables trading of cryptocurrencies. Ripple team has partnered with companies like Mercury FX, SendFriend, BFC Bahrain, Cuallix and many global financial institutions including leading banks over the past one year. Ripple coin has solved the biggest issue of hassle-free cross border transaction for the companies around the world, and this makes it the most sought after currency in the crypto market. The current price movement of XRP is promising.

Current Ripple Price Statistics:

Ripple Price Chart

  • Ripple is ranked 3rd in the top 100 cryptocurrencies list by the CoinMarketCap
  • The ROI stands at 7,276.32%
  • The circulating supply of the coin has reached 42,133,310,721 XRP, and the total supply is 99,991,633,428 XRP
  • The market cap is 16,842,932,346 USD as on May 15, 2019 at 03:44:01 UTC
  • The XRP price stands at 0.39 USD & 0.00005101 BTC
  • The 24 h volume has been 5,588,152,387 USD

Comparison:

As on April 18, 2019, at 11:34:00 UTC, the market cap of the coin was 14,287,782,149 USD, and the price was trading at 0.34 USD & 0.00006471 BTC. The 24 h volume was 1,274,801,602 USD. This shows an upward trend of over 14% in the past one month with the price peaking to 0.44 USD. In the last 7 days, the price of each XRP coin moved between 0.44 USD and 0.29 USD.

Ripple Price Prediction until 2020:

XRP price has been maintaining a steady trend since the beginning of 2019 with the value of coin ranging between 0.35 USD and 0.38 USD. With the bull run of Bitcoin in the last few days, Ripple has picked pace with the price soaring as high as 0.43 USD. A significant upward surge is expected to continue for the next few days as well. Ripple has not yet reached its best potential, but the team of professionals under the sound leadership of Brad Garlinghouse is taking giant leaps to register that Eureka Moment. The price of Ripple coin will surge higher in the second half of 2019 reaching as high as 1 USD by the end of the year and will fall between the range of 5 USD and 50 USD in the next 2 years.

Conclusion:

Buy Ripple (XRP) now keeping the long term trend in mind. The business model of Ripple is unique and long-lasting.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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