Ripple Price Analysis: Is XRP price going to trade above the baseline soon?

Ripple price is trading at $0.28240 at 01:54 UTC on 19th August 2019. In the last month, Ripple price has been showing a continuous drop. The highest value was initially seen trading at $0.34145 on 20th July at 20:30 UTC. The price of Ripple then dropped by 11.97% on 28th July at 22:30 UTC when the value changed to $0.30057. XRP coin, however, increased from that point by 9.43% on 5th August at 11:00 UTC trading at $0.32843. After the same, a drastic drop was realized by 15th August at 05:30 UTC when the XRP price dropped by 23.15% and the value changed to $0.25238. Ripple coin from then increased by 11.85% as of now.

Current Statistics of Ripple

  • Return of Investment: 4689.36%
  • Total supply/Circulating Supply: 99,991,376,954 XRP/ 42,890,708,341 XRP
  • 24 Hour Volume: 1,252,186,218 USD
  • Market Cap: 12,065,975,795 USD
  • 7 Day high/low: 0.302585 USD / 0.252390 USD
Ripple price chart - Aug 19
Ripple Chart By TradingView

Ripple Price Prediction and Conclusion

XRP price may be seen right now in the bearish zone. Be that as it may, it may advance to slide with upward movement as well. The general execution of Ripple coin has been truly astonishing since the start and will bring better returns for the traders soon.

For a more secure offer, the resistance & support level may assist the users with avoiding any misfortunes:

Resistance Levels

R3: $0.318189

R2: $0.303453

R1: $0.29305

Support Levels

S1: $0.267911

S2: $0.253175

S3: $0.242772

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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