At the end of last month,
Ripple was trading at $0.029437, with the movement being upward. Then, XRP coin
managed to present rise of 7.88% and reached $0.3118 from $0.2890. This was
also the highest point of trading for the coin. $0.27412 was the drop recorded the
following day, but Ripple price managed to soar again upwards and reach
$0.28269. The movement was at a constant pace until it began to drop. 0.20745
was the lowest point of trading for the XRP coin.
Ripple Price Prediction:
If we look at the price
movement of the last five days, Ripple’s price exhibits a slight recovery. It
is moving in an upward fashion with a rise of almost 11% as per comparison
since November 25, 2019. XRP price can rise a bit shortly and reach its next
resistance of $0.2350.
It is advisable to trade cautiously today as per the trend noticed. The past month’s comparison shows the bears having control until November 25, 2019, post which the scenario has changed. Ripple has got a great future in the long run and can reach up to its major resistance $0.30 in the upcoming weeks.
The traders are hoping for the coin to
recover in a month’s time
Ripple’s price was trading at the lower level from the past
30-days. The coin touched a recent low at $0.207 which was also marked as the
52-week low. Traders eagerly await the improvement in the XRP price. They are
expecting that the currency would climb again in a month.
The coin was struggling from the last couple of months and
battle still seems to hang. As per the price movement of the past few weeks, we
are anticipating that the growth in Ripple might take a longer time than
Ripple Price Prediction
Ripple started the month at $0.2972. The coin kept hovering
around the same level for quite some time. Later, the price escalated to $0.31139
from $0.29518 by 3.45%. Further, the XRP price slipped to $0.27518 by 11.63%.
The downtrend remained intact and touched $0.22692 by 17.63%. The price kept
falling and touched $0.20959 by 1.90%. Recently, there was an escalation in the
price of Ripple. The coin touched $0.22691. The XRP coin recorded an overall regression
of 23.43% during the month-long movement.
Ripple price is recently battling with the bear. The
improvement in the coin is speculated to postpone. The short-term investment
isn’t strongly recommended. However, the traders can take a chance to dig-in
for long-term investment.
As per the
above-given levels, the price seems to be moving towards the immediate
resistance level at $0.23032. The same might get violated in the coming hours.
As per the latest market update,
XRP Backed Rental Firm Omni shutting down with Coinbase snapping the
development Team. This might affect the coin. $0.26730 was the price of Ripple
on August 28, 2019. It managed to show a growth of 27.24% in the month of
September despite the fall. XRP coin witnessed further fall to $0.22796, and
until October 7, 2019, it showed a price movement in a lower range. Then,
Ripple price surged to $0.30891 by 35.51% within a month which is quite good.
The uptrend continued further with the XRP coin reaching $0.31237. Mid of
November onwards, the trend has changed, and the bears are controlling the coin
Ripple Price Prediction
Looking at the price of XRP
coin at $0.26700 on
November 17, 2019, currently, it shows a negative run by 17.73%. As per the
current trend, Ripple might reach around its immediate support of $0.211 shortly.
It is your discretion to purchase Ripple or hold the existing coins today. The previous 3 months’ performance for XRP coin has seen many rises and falls. Traders should plan a long-term investment, which might be profitable as the coin price may recover shortly.
Ripple price has been one of the few exceptions in the ongoing bearish
crypto market volatility and has held its price in the upper range for the most
part of this phase except last week. During the past seven days, the sentiment
continued to be bearish and hence, the XRP coin was trading in a lower range most
part of the week. In the latter part of the week, the price of Ripple slid
under strong bear pressure. The price has been trading in the range between
$0.20 – $0.26.
Ripple Price Prediction:
XRP price tried to recover upwards over the past week though
the price went below the baseline during the last two days. Ripple’s price was trading
at $0.2563 on November 20. It went down to $0.2484 on November 20. The price of
XRP coin recovered on the next day at $0.25227, showing an upward momentum of
1.46%. With the volatility continuing, the coin slid down to $0.2217 on November
22; the downward movement was to the extent of 12%. XRP coin showed a good
recovery after this, and the price shot up to $0.2343 on November 23 with a 5.65%
hike. With the bear pressure becoming difficult to handle the currency went on
a continual downswing at $0.2048 on November 25. The current day’s price is at
As per the past trend and historical data, experts
feel that the capability of the XRP coin will help it withstand this temporary
bearish sentiment in the crypto market. Investors should keep holding on their
investments till the crypto market shows some more stability.
XRP coin is likely to continue its
struggle for some more days
Ripple has lost enormous value over the last seven
days. The three major price variations in the range between 0.2718 USD and
0.2430 USD has made XRP coin to lose 7.83% over this week.
Ripple Price Prediction:
XRP coin was being traded at 0.2718 USD on November 14,
and over the next 14 hours and 30 minutes, it decreased by 7.36% and got to
0.2518 USD. It was followed by a 5.62% hike that added 0.0142 USD to the value
and pushed Ripple price to 0.2659 USD by 18:35 UTC, November 17. On same day, XRP price started weakening
again, and this time by November 19, it reached the lowest point of the week at
0.2430 USD. The last variation happened between 11:50 UTC and 01:30 UTC today.
In these 13 hours and 45 minutes, the currency got a hike of 3.70% and reached
Ripple’s market cap on 14th November was
11.707 billion USD, and in the last seven days, it has been increased to 10.967
billion USD. Volatility on the market cap front as well can be seen in these
seven days. XRP coin’s 20 days average stands at 0.2515 USD, and it’s 50 days
average is now at 0.2503 USD.
price movement has always managed to surprise the traders. The recent movement
in the price isn’t quite amazing, but there is a speculating that it would
improve soon. The traders are still hopeful that the XRP coin would give great
return in the future. During the first half of the year, it gave a tremendous
return. The coin fell under pressure from the beginning of the third quarter.
started the year at $0.377. The currency dropped in January to $0.3196 by
15.42%. In February, the price escalated to $0.3274 by 2.06%. In March, the XRP
price shifted to $0.317 by
3.30%. In April, the currency recovered again and jumped to $0.326 by 2.84%. In
May, Ripple price escalated to $0.44 by 34.92%. In June, the currency slipped
to $0.39 by 10.60%. In July, the coin slipped to $0.31 by 20.81%. In August,
the price fell to $0.0256. The fall continued and touched $0.247 by 3.51%. In
October, the coin jumped to $0.296 by 18.88%. In the ongoing month, the price
slipped to $0.247 by 16.39%.
price of Ripple is at $0.247. The currency has crossed the immediate support
level at $0.248 and is heading to breach the next support level $0.241. It
wouldn’t be a surprise for XRP coin price to fall below the major support level
speculated to give great results in the future. In the past the currency has
brought a huge return, and the momentum is anticipated to return soon. The coin
is suggested for long-term investors as it would bring the best result.
$0.29855 was the trading price
for Ripple on October 19, 2019. The steep negative trend made the XRP reach
$0.26521. Despite this, the coin managed to show a growth of 16.43%, three days
later. There was a positive rise on November 5, as compared to November 1.
$0.31215 was the highest price of XRP coin, and since this level, it has been
falling at a slow pace.
Ripple Price Analysis
Ripple price has dropped by
16.48% as compared with November 7, 2019. It may continue to fall and reach its
next support of $0.26021. The price of XRP coin might change in between $0.2622
and $0.2723 for the weeks to come.
This seems to be a good time to buy or hold the existing coins as the trend noticed. The price comparison over the past month shows that the XRP coin was dominated by the bulls until November 7, 2019. Since this date, the bears have controlled the coin to the extent that Ripple price has been falling. If XRP is not able to gain pace shortly, it may even fall further from the current levels in the coming weeks.
Ripple loses 27.34% over the last
eleven and a half months.
Its next resistance may come at
Ripple, one of the top three ranked coins of the
market, has failed to walk up to its reputation in the last eleven and a half
months. It has lost a total of 27.34% in these months with three major price
Ripple opened the year at 0.36315033 USD, and its
first major price variation started on January 29 when it started growing. Over
the next 144 days, XRP coin could add a whopping 66.21% value and reached the
highest point of the year at 0.47421462 USD. From June 22, it started
weakening, and after losing 50.67% in the next 94 days, Ripple price reached
0.23390887 USD, the lowest of the year. On September 24, it started gaining,
and over the next 50 days, XRP price gained 14.56% or 0.03405 USD to touch
0.26796 USD by November 13. Ripple’s market cap was 14.880 billion USD at the
very start of the year, and it has now decreased to 11.561 billion USD.
Ripple’s 200 days average stands at 0.323082 USD, and
it’s 50 days average is now at 0.278838 USD. The current price of XRP coin is at
0.26384391. The next resistance is likely to fall by 0.273483 USD.
Ripple price comparison over the past one month indicates that the XRP coin was trading in a lower range. The price was $0.29105 on October 16, 2019, with the movement being an upward one. Until October 23, 2019, the bulls had control over the coin. There was a major fall on the said date, with the price dropping to as low as $0.26382. XRP coin was being circulated at cost of $0.30951 on October 26, 2019, with a growth of 17.32%. On November 1, 2019, there was a minor fall; still Ripple price managed to show a growth of 8.43% within a week. However, it was not able to sustain at this level and hence, it started to show signs of a decline.
Ripple Price Prediction
As per the price comparison
since yesterday, XRP is showing a negative trend of almost 2%. The price may
continue to fall tomorrow and can reach its next support $0.26500. After a
couple of days, it may gain some pace.
The present trend of Ripple suggests
that it is a good time to buy the coins. The past one-month trend for XRP coin has
been a mixed one, with the movement being upwards as well as downwards. Since
November 7, 2019, the trend has been a bearish one without any rise in the price.
It is suggested to trade in the long-term.