Ripple Price Analysis: Ripple (XRP) Price Saw A Rigorous Drop In Last One Month
MoneyGram, which is one of the premium partnerships of Ripple, has recently partnered with First Abu Dhabi Bank wallet. Well, this news is surely going to open gates to the UAE investors and traders who follow Ripple.
.@Ripple‘s #xRapid-Partner @MoneyGram partners with First Abu Dhabi Bank #XRP https://t.co/wEUcvuW5TA
— BTC | Crypto | Switzerland 🇨🇭 (@SwissXRP) August 10, 2019
Let’s hope for XRP to attract more users with big money and capital to invest in the Ripple network.
Current Statistics of Ripple:
XRP price is trading at $0.30300 at 02:15 UTC on 12th August 2019. The other essentials are as follows:
- Return on Investment: 5046.76%
- Total supply/Circulating Supply: 99,991,387,607 XRP/ 42,872,646,068 XRP
- 24 Hour Volume: 843,900,481 USD
- Market Cap Value: 12,960,934,627 USD
- 7 Day high/low: 0.331414 USD / 0.293271 USD
XRP to USD Price Comparison:
Ripple price in last one month was seen at the lowest on 16th July at 17:30 UTC trading at $0.29116. The value then escalated by 16.72% on 20th July at 22:00 UTC with the trading value changed to $0.33986. The value then dropped by 11.81% on 28th July at 22:00 UTC value trading at $0.29984. XRP price then increased by 9.38% on 5th August at 11:00 UTC with the trading value of $0.32797. The value then dropped by 11.43% on 9th August at 17:00 UTC which is now slightly increased from then.
Ripple Price Prediction and Conclusion:
XRP can be seen exchanging the slight ‘bearish’ zone starting at now. Clients may confront some strain starting at now since the profits are very hard to appreciate at this moment. It appears that soon enough it may slide to the bullish zone. For a safer trade, traders should trade under the resistance and support levels, which are determined as below:
Before Investing in XRP, You must go through XRP price prediction to know further details about the expected future prices of the coin to gain more profit from it.