Price Analysis

Ripple Price Analysis: Ripple (XRP) Might Surprise With An Upsurge In The Upcoming Days!

Ripple next invention is focused on Coil, which is a media platform paying the content creators in Ripple. How really is the investment going to support the huge returns is still a question? Let’s hope to know that soon!

Current Statistics of Ripple:

XRP price is trading at $0.26469 at 01:46 UTC on 16th August 2019. However, it seems that Ripple price might go a little down today. The other essential factors are as follows:

  • Return on Investment: 4407.56%
  • Total supply/Circulating Supply: 99,991,376,954 XRP/ 42,890,708,341 XRP
  • 24 Hour Volume: 1,273,385,026 USD
  • Market Cap Value: 11,356,034,077 USD

XRP to USD Price Comparison:

Ripple Price Prediction
Ripple Price Chart by TradingView

In the last month, initially, the Ripple coin was seen trading below the baseline with the trading price of $0.29064 on 16th July at 19:30 UTC. The value then increased by 16.09% on 20th July at 21:30 UTC value trading at $0.3397. The value then dropped by 14.46% and came back to fluctuating below the baseline on 9th August at 16:00 UTC with the value of $0.29064.

Then, XRP price slightly increased by 4.99% on 11th August at 18:00 UTC with a value of $0.30515. The value then went further down by 17.73% yesterday at 07:00 UTC with the trading value of $0.25202. The value from then is increased by 4.78% as of now.

Ripple Price Prediction and Conclusion:

XRP is exchanging the bearish zone, nonetheless, not exactly excessively solid! So, traders may need to clutch their situation for a long while. Till at that point, the resistance and support levels will be useful for the traders:

Resistance Levels:

R3: $0.282174

R2: $0.275207

R1: $0.270045

Support Levels:

S1: $0.257916

S2: $0.250949

S3: $0.245787

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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