Price Analysis

Ripple (XRP) Keeps the Downtrend Intact; Next Key Support to Look For $0.21

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Ripple price is currently dealing with the bears. The entire week observed a power-packed price movement. XRP coin slipped tremendously with the entire market crashing down. The downtrend seems to stick around for a while. However, there is also a high possibility of having a flourishing future. The investment in Ripple wouldn’t go futile.

Ripple Price Analysis:

Yesterday, XRP coin started the day with an upsurge. The price counters jumped from $0.24354 to $0.245 by 0.85%. Ripple price slipped to $0.24100 by 1.89%. The fall continued and it took XRP price to $0.2395 and later to $0.2393 from $0.243 and $0.241 respectively. There was recovery marked which escalated the coin to $0.24450 from $0.2393 by 2.17%. Ripple closed the day with an intraday loss of 0.11% at $0.243. Today, XRP began with a fall of 2.02% as the XRP current price slipped from $0.24326 to $0.23835.

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xrp price chart

The market crashed a few days ago. The price fall reflected an immediate recovery, but the growth couldn’t stick around. The market is again observing a pullback. XRP coin has often paved the way for itself, but due to continuous fall, it couldn’t hold itself. If we look at today’s statistics of Ripple, the market cap is noted as 10,328,871,373 USD. The 24-hour volume is marked as 906,599,224 USD. The circulating supply stands at 43,080,011,224 XRP. The ROI is at 3981.83%.

We are anticipating that the Ripple price would be seen around $0.32 by the end of 2019. XRP is recommended for long-term investors. The specified period would bring the expected returns.

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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