fbpx
Price Analysis

Ripple Price Analysis: Ripple (XRP) Explores Global Collaborations To Surge Exponentially

  • Ripple is seeking global collaboration to come out of the deadlock
  • Ripple’s XRP peaks to $0.47 before falling back to $0.43

Ripple’s XRP is one of those cryptocurrencies with real-time usage and has gained the attention of investors across the world. Although the coin has not shown any phenomenal surge in the past five months, the investors anticipate that the second half of the year will be lucrative for the currency. Ripple’s team is also seeking global alliances to increase the popularity of the coin and platform by promoting blockchain as the next-gen technology. The market scenario looks positive.

XRP Price Statistics:

Ripple has been moving sideways since the onset of 2019 with only a few upward surges overall ones being in the month of May. As on June 2, 2019, at 04:23:03 UTC, the price of the coin is noted as shown in the graph below:

Ripple price chart - june 2

ParticularsStatistics
Price  (USD)0.43
Price (BTC)0.00005043
Market Capitalization18,199,323,376
24h volume1,642,809,070
Circulating Supply42,181,995,112 XRP
Return on Investment7,234.49%

There has been an uptrend of over 22.85% in the value of the XRP coin in the past 30 days. The price moved between the range of $0.35 to $0.43. The coin value reached as high as $0.47 in the last 30 days. The market cap is now over $18 Bn, and the ROI is justified at 7,234.49%. Although the coin is trading at a decent price currently, there has been no phenomenal performance ever after various partnerships and alliances.

Ripple Price Prediction:

Ripple’s XRP has the potential to cross $1 by the end of 2019 and can reach up to $50 in the next two years. However, the firm has to figure out a way to make the efforts work towards improvement and progress in the coin value.

Conclusion:

Ripple is a highly reliable cryptocurrency which has attracted investment from many renowned people globally, and hence, investment is a good opportunity as the long term gains are good. This is the best time to buy XRP tokens in bulk as the price is low.

Tags
Show More

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button