Ripple News (XRP News)

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.

Ripple Price

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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