Price Analysis

Ripple Loses Value to $0.2591, May Fall Further to $0.2567

  • Ripple is down by 0.5% over the last 24 hours and falls miles behind its weekly high.
  • The coin’s next halt may happen at 0.2567 USD.

Ripple has been following the market trend and falls by 0.5% in the last 24 hours; the coin is now at 0.2591 USD. XRP has seen four major price shifts in this period and it has a weekly high at 0.2652 USD. In the short-term, the coin is likely to show a neutral performance.

Ripple Current Statistics:

  • Ripple is currently ranked at 3rd in the market with an ROI of 4,355.84%.
  • A total of 42,984,656,144 XRP coins are in current circulation.
  • The market cap as on 09th September at 04:04 UTC stands at 11,258,299,603 USD.
  • The value of each coin stands at 0.00002524 BTC and 0.2591 USD.
  • The 24h volume rests at 1,004,161,343 USD.

XRP to USD Price Comparison:

Ripple Price
XRP Price Chart by TradingView

XRP started the week with a fall of 2.35% on 02nd September itself. This fall placed the coin at 0.2584 USD. The next swing was a steep dip of 6.77%, which took the coin to its lowest point of the week at 0.2492 USD.

This fall happened over 3 days and it had a break on September 06. This variation was followed by a hike of 6.73% and this hike added 0.0168 USD to the coin.

Yesterday, XRP was at 0.2660 USD. The final swing happened between 08th September and 09th September; this swing is a decrement of 2.56 % which pushed the coin to 0.2592 USD as per the latest data.

Ripple Price Prediction:

XRP has a huge potential to bring a turnaround, but it may have to wait for a little longer. In the short-term, it may soon touch the support at 0.2567 USD. The next probable resistance and support levels are given below.

Ripple (XRP)
1st Resistance0.265614667 USD
2nd Resistance0.268145333 USD
3rd Resistance0.271317667 USD
1st Support Level0.259911667 USD
2nd Support Level0.256739333 USD
3rd Support Level0.254208667 USD
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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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