Price Analysis

Ripple Price Analysis: Ripple (XRP) Showing Fine Movements In The Upwards Direction

In the last 5 days, the trend of XRP has also shown some really good moves. The Ripple price was initially trading below the baseline. On 15th August at 06:00 UTC, the price of XRP was trading at $0.25173. The Ripple coin then increased by 6.70% on the same day at 22:30 UTC trading at $0.26858.

The Ripple slightly dropped after that by 4.88% on 16th August at 05:40 UTC with the trading price changed to $0.25548. The Ripple price then saw a tremendous rise of 14.03% on 18th August at 17:00 UTC time with the trading price of $0.29133. The value as of now is slightly dropped by 3.7% from then.

XRP/USD Price Chart By TradingView:

Ripple Price Prediction
Ripple Price Chart by TradingView

Current Statistics of Ripple coin:

The price of Ripple is seen trading at $0.28001 at 01:26 UTC on 20th August 2019. The other important factors in the capitalization are calculated as:

  • Return on Investment: 4673.16%
  • Total supply/Circulating Supply: 99,991,376,954 XRP/ 42,890,708,341 XRP
  • 24 Hour Volume: 1,207,732,835 USD
  • Market Cap Value: 12,025,169,499 USD
  • 7 Day high/low: 298729 USD / 0.252390 USD

Ripple Price Prediction and Conclusion:XRP is exchanging the bearish zone, which means new dealers are free to purchase money. It is effectively chipping away at new accomplices and declarations so that the cost may rise soon enough! To appreciate a few benefits at that point, it may be a decent time to purchase new coins starting at now.

For traders, you should offer under the calculative resistance support as:

R3: 0.29947

R2: 0.294281

R1: 0.288804

Pivot Point: 0.283615

S1: 0.278138

S2: 0.272949

S3: 0.267472

Continue watching the pattern intently and good karma with your new coins! Furthermore, we never know, we may most likely observe the worth exchange contacting down to $0.50.

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Ruti Vora

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