Ripple Price Analysis: Ripple (XRP) Gradually Diminishes Negative Growth; Price Rally May Take Time
- Ripple (XRP) is still down by 0.17% over the last 24 hours.
- The bullish medium-term outlook places the target at 0.7 USD.
Contrary to the market’s trend, XRP has not yet started strengthening. The coin is still down by 0.17% over the last 24 hours. The four significant price swings, though, gave some high values, but it could not be sustained for long. The coin has high chances of reaching 0.7 USD by this year’s end.
XRP to USD Price Statistics-
Ripple (XRP) | 3rd August 06:02 UTC |
Rank | 3rd |
ROI (Return on Investment) | 5,283.58% |
Coin Circulation | 42,872,646,068 XRP |
Market Cap | 13,509,783,939 USD |
Value in USD | 0.3141 USD |
Value in BTC | 0.00002924 BTC |
24h Volume | 898,632,187 USD |
XRP to USD Price Comparison-
XRP started the day off around 0.31 USD. It got a huge push of 1.17% between 00:30 UTC and 07:23 UTC. This hike added 0.0037 USD to the coin. After this small hike, the coin got a blow and reached 0.3098 USD over nine and a half hours. The third swing came in terms of another hike. It was small yet effective and placed the value near 0.3130 USD. The next hike or the last variation was a small hike between 00:54 UTC and 02:39 UTC of today. This hike made the investors rich by 1.51% and this brought the value of each coin against USD at 0.3160 USD.
XRP Price Prediction-
Ripple has high potential to perform exceptionally due to its high user’ base. The coin may touch 0.7 USD by the time this year ends.
Ripple (XRP) | |
1st Resistance | 0.317232 USD |
2nd Resistance | 0.32207USD |
3rd Resistance | 0.325264USD |
1st Support Level | 0.3092USD |
2nd Support Level | 0.306006USD |
3rd Support Level | 0.301168USD |
Conclusion-
Ranked amongst the top 3 positions in the crypto market, XRP has enough potential to perform. The coin’s recent movement may not show any immediate rally, but it eventually will have a high price by the time 2019 ends.