Price Analysis

Ripple Price Analysis: Ripple (XRP) Price Has Dropped By 12.56% In The Last Month

In last one month, the lowest price of Ripple coin was initially seen on 16th July at 18:30 UTC with the value of $0.29114. The value escalated by 16.74% on 20th July at 21:30 UTC when the XRP price changed to $0.33986. The value saw a drop after that by 11.71% on 28th July at 21:00 UTC with the trading price of $0.30005. Ripple price then increased again by 9.33% on 5th August at 11:00 UTC with the trading value of $0.32806. The value dropped again by 11.41% on 9th August at 16:00 UTC value trading at $0.29076, which is not slightly increased by 2.20% as of today!

Current Statistics of Ripple:

XRP price is seen trading at $0.29717 at 05:07 UTC on 14th August 2019, which might drop a little furthermore. The other essential factors are as follows:

  • Return on Investment: 4933.71%
  • Total supply/Circulating Supply: 99,991,376,954 XRP/ 42,890,708,341 XRP
  • 24 Hour Volume: 895,524,856 USD
  • Market Cap: 12,681,592,949 USD
  • 7 Day high/low: 0.314694 USD / 0.293271 USD

Ripple Price Prediction and Conclusion:

Ripple Price Prediction
Ripple Price Chart by TradingView

XRP is trading in the bearish zone, however, not quite too strong! It seems that we might be able to see Ripple price sliding upward movement. So, users might have to hold on to their position for quite some time. Till then, the resistance and support levels will be helpful for the users to avoid any loss:

Resistance Levels:

R3: 0.308307

R2: 0.304742

R1: 0.300691

Support Levels:

S1: 0.293075

S2: 0.28951

S3: 0.285459

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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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