Ripple Price has Dropped by 1.5% Since Yesterday
Now, when Ripple will be dealing directly with the global banks, it might become one of the secure cryptocurrencies where non-traders or beginners can earn some returns. Everyone is excited to trade with XRP when there will restriction from all financial bodies.
XRP price was initially seen trading at $0.25535 at 02:54 UTC. The value then escalated upwards by 1.57% at 15:33 UTC, when the trading price changed to $0.25936. Ripple price then dropped by 3.41% at 17:45 UTC, trading at $0.25121. XRP coin then went further down to the lowest touch down of $0.24853 at 20:14 UTC. Ripple price from then is slightly increased by 1.37% as of now.
Latest Stats of Ripple
| Key | Value |
| Market Ranking | 3 |
| Return of Investment | 4187.98% |
| Market Cap | 10,826,511,834 USD |
| 24 Hour Volume | 941,710,956 USD |
| Total Supply/ Circulating Supply | 99,991,362,294 XRP/ 42,984,656,144 XRP |
| 7 Day High/Low | 0.265279 USD /0.250805 USD |
Ripple might become a concern soon as the value is still trading in the bearish zone. However, it might be an opportunity for new entrants to join the XRP network.
Considering the short-term investment goals, users might have to hold on to their positions as the constant drop is seen on the daily charts. For long-haul investment, XRP might be able to surprise the users with good motion in the near future.
The resistance and support levels are calculated as below:
R3: $0.26604
R2: $0.262686
R1: $0.257513
S1: $0.248986
S2: $0.245632
S3: $0.240459
Considering the above resistance and support levels in mind, traders can save themselves from any losses.
