Ripple Price Analysis: XRP Price Is Dropped Below The Baseline Today!

Recently MoneyGram was seen talking about Ripple and the valuation of RippleNET and XRP in the global presence. This currency seems to deliver real-time global payments to customers around the world, which is quite quick and secure.

Finally, XRP is moving in the direction of their vision!

Current Statistics of Ripple:

Ripple price was recently seen trading at $0.31160 at 02:06 UTC on 7th August 2019. The other essentials are as follows:

  • Return On Investment: 5223.95%
  • Total supply/Circulating Supply: 99,991,387,607 XRP/ 42,872,646,068 XRP
  • 24-Hour Volume: 1,048,150,437 USD
  • Market Cap: 13,407,148,033 USD
  • 7 Day high/low: 0.331414 USD / 0.308895 USD

XRP to USD Price Comparison:

Ripple Price Prediction
Ripple Price Chart by TradingView

On 2nd August, XRP price was seen trading at $0.31803 at 07:20 UTC. The value dropped by 2.67% from then at 20:40 UTC with the trading value of $0.30953. The value then increased by 2.59% on 3rd August at 16:25 UTC trading at $0.31748. The value was a drop again by 1.49% on 4th August at 06:10 UTC with the trade changed to $0.31276.

The value was increased by 5.56% from then on 5th August at 10:45 UTC with the trading value of $0.32999. The value yesterday at 10:05 UTC saw a slight drop by 2.23% which was further dropped by 4.97% at 21:30 UTC yesterday with the trading value changed to $0.30865.

Ripple Price Prediction and Conclusion:

XRP has been in the news from quite some time now! It seems that Ripple is reaching closer to its mission of quality currency that every bank trust! However, XRP is trading in the bears’ trend, but it seems that it might soon change the direction as well! As of now, the resistance and support level might help the traders to avoid any huge loss in the trade:

Resistance Levels:

  • R3: 0.337267
  • R2: 0.331107
  • R1: 0.321216

Support Levels:

  • S1: 0.305165
  • S2: 0.299005
  • S3: 0.289114

By the end of 2019 approaching, XRP has a capacity to reach out to the touchdown of $0.75, which might bring huge returns of the traders in the network.

Ruti Vora

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

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