Chris Larsen, Co-Founder, and Chairperson of Ripple recently called to the government leaders of the United States. He tweeted that it might not be a good idea to quote all the cryptocurrencies in just one bucket as some of them are legitimate and formative use-cases. Well, let’s hope that the US government can pull this through.
This industry is at an inflection point. We @Ripple ask govt leaders here in the U.S. and around the world to not put all crypto in one bucket. There are legitimate, formative use cases — let’s work together to advance innovation while protecting consumers. The time is now. https://t.co/6uard7TGK4
— Chris Larsen (@chrislarsensf) July 29, 2019
Current Statistics of Ripple:
Ripple price is recently seen trading at $0.30960 at 06:41 UTC on 30th July 2019. The other factors are as follows:
- Return on Investment: 5163.37%
- Total supply/Circulating Supply: 99,991,387,607 XRP/ 42,872,646,068 XRP
- 24-Hour Volume: 775,057,074 USD
- Market Cap: 13,254,594,148 USD
- 7 Day high/low: 0.326285 USD / 0.304110 USD
XRP to USD Price Comparison:
The lowest value in the last 3 months was seen at 03:00 UTC on 10th May with a trading value of $0.29507. The value escalated by 60.82% on 16th May at 02:00 UTC with value trading at $0.47453. The value dropped by 23.25% on 23rd May at 04:00 UTC with the trading value of $0.36421. The value escalated by 29.31% on 30th May at 16:00 UTC with the trading value of $0.47097.
However, the value dropped by 19% at 18:00 UTC on 9th June with the trades changed to $0.38201. The value escalated by 28.08% on 22nd June at 14:00 UTC with the value trading at $0.48927. The value dropped by 40.67% on 16th July at 17:00 UTC when the value changed to $0.2905. The value escalated again by 16.27% on 20th July at 21:00 UTC with the trading value of $0.33778. The value from then is slightly dropped by 8.38% as of now.
XRP Price Prediction and Conclusion:
Traders might be catching their eyes on earning some returns with Ripple price, but they might have to wait for a little more time. Since the bears’ trend continues for XRP, users might just have to trade under the safer zone in the resistance and support levels:
- R3: 0.319432
- R2: 0.316622
- R1: 0.31364
- S1: 0.307848
- S2: 0.305038
- S3: 0.302056