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Price Analysis

Ripple Price Analysis: XRP Gets Hit by Bears; Price Touches $0.32 Again

Ripple (XRP) has created its own momentum on the chart. The coin was never seen walking on the footsteps of Bitcoin. Apart from the days, when Bitcoin creates pressure and anchors the altcoins. In the first month of the current quarter, Ripple has recorded a subsequent fall in the price.

However, the marketers believe that the Ripple coin will soon break the market pressure and rise on the chart. We are also positive about the assumption. The expected upsurge in the price can take at any day.

To understand the movement of the Ripple (XRP to USD), let’s have a look at the chart.

Current Statistics of Ripple (XRP):

The XRP price chart is taken from Trading View on 14th July 2019 at 04:53:07 UTC for price analysis.

Ripple price chart - july 14

Yesterday’s chart of XRP reflects a heavy fall in price. The coin opened at $0.344 on 13th July. The currency slipped from $0.344 to $0.32 by 4.71%. Later, a slight recovery was indicated in the coin as counters changed from $0.32 to $0.33 by 2.80%. The coin again fell from $0.33 to $0.32. The recorded fall reflected a 4.11% drop. The intraday loss was of 3.59%. The coin closed at $0.33. Today the coin opened at $0.33. The coin went up to $0.333 from $0.331 by 0.57%. Ripple (XRP) couldn’t hold itself at the level and fell tremendously from $0.33 to $0.32 by 1.83%.

ParticularsRipple  (XRP)
Rank3
Price0.330319 USD
Market Cap14,060,543,891 USD
24hr volume1,033,925,732 USD
ROI5523.56%
Circulating Supply42,566,596,173 XRP

Ripple Price Prediction and Conclusion:

The crypto market is currently taming the bear. The altcoin market is expected to rise in the coming months. The traders can keep it tight till the time Bulls hit the market.

Ripple (XRP) is expected to climb to $0.70 by the end of 2019. In the coming years, the anticipated rise could be 4%-5%. The long term investment could result better for the pockets of the traders.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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