$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.

XRP-Price-Chart

Published by Anthony Reyes

Anthony Reyes has done his graduation in journalism from Ocad university. He has good understanding of digital currency. He writes news about cryptocurrency and stock market in ripplenews.media.

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