Ripple Records Marginal Downtrend Since Yesterday

  • Ripple trades within $0.26 range since yesterday
  • XRP coin may continue with slow progress for the rest of the week

It has not been a very good start of a new month for XRP coin, but the coin may show some progress in the mid-month. Ripple price may climb up to $0.35 by the end of this month, and if the current market performance of the Ripple is kept aside for a while it may even gain some good momentum due to Ripple’s global outreach in the next few months.

XRP to USD Price Comparison:

As on September 1, 2019, at 09:04:18 UTC, Ripple price is noted to be $0.2563, and it has recorded a downtrend of over 0.4% since yesterday dipping from $0.2575 to its current price. XRP coin started on a decent note yesterday but then went all the way down to hit $0.2531. It has gained some momentum since then and climbed up to $0.2604 in between but has slumped slightly since then.

ripple price chart
Ripple Price Chart by TradingView

Current Statistics of Ripple

  • XRP price is noted to be $0.2563 and 0.00002669 BTC
  • The Market Cap of the Ripple is now $11,029,548,851
  • The 24-hour volume is now $850,394,381
  • Circulating Supply of the XRP coin is 42,984,656,144 XRP
  • ROI of Ripple stands at 4,268.45%

In the last 30-days, the highest recorded price of XRP coin was $0.3314, and the lowest was $0.2499 which was noted in the last week. The coin may move between the range of $0.25 and $0.33 for most of the month and may close this month by trading above $0.30.

Ripple Price Prediction & Conclusion:

It may not have been a good start for XRP, but the coin may end the month on a better note. Ripple is currently trading below its value at the beginning of the year. The coin may take some giant leaps in the remaining months of the year. Investing in Ripple is a perfect decision to make now. The prices are low, the firm is positive about XRP coin’s rising trends, and the global enthusiasts already support XRP hugely hence, the profits are assured in the long-term.

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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