Price Analysis

Ripple (XRP) Starts Recovery with a Gain of 1.67% in 24 Hours

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  • Ripple adds 1.67% in 1 day to touch 0.2615 USD.
  • The next resistance for Ripple might be waiting at 0.272 USD.

Ripple, the third-largest coin, has taken the lead along with all other major coins in the process of recovery. It has gained 1.67% over the last 24 hours. It has shown three major price swings in this period. The highest point it touched yesterday was 0.2650 USD.

XRP Current Statistics-

  • Ripple has the 3rd rank in the crypto market with an ROI (Return on Investment) of 4,342.80%.
  • The total number of coins in current circulation stands at 42,984,656,144 XRP.
  • The market cap of Ripple as on 03rd September at 03:48 UTC stands at 11,216,014,073 USD.
  • The value of each coin stands at 0.00002503 BTC and 0.2615 USD.
  • The 24h volume is 1,083,834,566 USD.

XRP to USD Price Comparison-

XRP Price Prediction
XRP Price Chart by TradingView

Ripple faced a blow at the opening of the day, and it lasted over the next 8 hours and 45 minutes. In this period, the coin lost 1.45% to reach the lowest point of the day at 0.2535 USD. The next swing was a huge hike of 4.54% that lasted till 20:31 UTC. But this hike was not a consistent one. We can see two breaks in between almost every 5 hours. However, this hike in total helped the coin to touch the peak of the day at 0.2650 USD. It was followed by a decline in the value by 1.87%, and it pushed the coin to 0.2600 USD by 02:27 UTC. The current value is roaming around 0.2615 USD.

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XRP Price Prediction-

The coin has been successful in taking the first step in consonance with the market towards recovery. But it is yet to make a long journey. The next resistance is likely to come at 0.272 USD. The next probable resistance and support levels are listed below.

Ripple (XRP)
1st Resistance 0.264062333 USD
2nd Resistance 0.267304667 USD
3rd Resistance 0.272144333 USD
1st Support Level 0.255980333 USD
2nd Support Level 0.251140667 USD
3rd Support Level 0.247898333 USD

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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