Price Analysis

Ripple Price Analysis: XRP may Cross $0.30 Mark by the End of Day

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Ripple has proved to be slow-moving crypto since the beginning of the year. The firm has been taking giant leaps to create awareness about the blockchain technology globally, but it does not seem to have any huge effect on the performance of XRP coin. However, as far as longevity, sustainability, and security are concerned, Ripple coin is one of the highly reliable cryptocurrencies in the current market space.

XRP to USD Price Comparison

Ripple price has recorded a marginal drop since yesterday from $0.30196 to its current value at $0.29899 as on 06:42:49 UTC today. XRP coin recorded a steep fall around morning yesterday and dipped as low as $0.29210. XRP price gained back some strength to climb up to $0.30 once again but now back on trading below it.

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Ripple price chart - Aug 11
Ripple Chart By TradingView

Current Statistics of Ripple

  • Ripple price is noted to be $0.29899 and 0.00002621 BTC
  • The Market Cap of the XRP coin has become $12,781,255,826
  • 24-hour volume is noted to be $1,003,781,010
  • ROI of the coin is now 4,980.90%
  • Circulating Supply has reached 42,872,646,068 XRP

XRP closed trading yesterday at $0.298721, and the lowest value was $0.2934. The coin may not fall below it but may rise to $0.30 once again by today end of the day.

Ripple Price Prediction and Conclusion:

XRP price may surge as high as $0.32 in the coming weeks. In the last 90-days, the coin has surged as high as $0.50, and it may happen once again in the next few months, but this time, the coin can also start trading above this value.

This is a good time to plan long-term investments in the Ripple.

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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