XRP Price Dropped by 5% and Hovers Around Yesterday’s Key Support Area

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Brad Garlinghouse, CEO of Ripple, recently commented that not all the cryptocurrencies should be named in one broad brush as every other coin is working on a different phenomenon. He might want to point out on Libra, which is an upcoming controversy in the network. He also discussed about the concerns that may arise for the Government and fox business to decide on which currencies are truly digital assets.

Ripple Price Analysis:

XRP price is currently trading at $0.31154 at 07:34 UTC on 28th July 2019. The other essentials are as follows:

Ripple price chart - july 28
Ripple Chart By TradingView
  • Return on Investment: 5205.51%
  • Total supply/Circulating Supply: 99,991,553,791 XRP/ 42,832,704,971 XRP
  • 24 Hour Volume: 1,016,462,526 USD
  • Market Cap Value: 13,348,272,843 USD
  • 7 Day high/low: 0.331670 USD / 0.305276 USD

XRP to USD Price Comparison

Yesterday, the highest of the XRP price was seen trading at $0.32696 at 00:10 UTC. The value dropped by 6.40% at 12:34 UTC with a trading value of $0.30605. However, the value from then escalated by 1.98% today at 06:03 UTC with a trading value of $0.31218. The value from then is slightly dropped by 0.36% as of now.

Ripple Price Prediction and Conclusion

Starting at now, Ripple coin is besides on the ‘purchasing’ side as it is fluctuating with the downward movement. Be that as it may, the worth may rise soon, so this may be a decent time for new entrants to hop in the long-distance race. The resistance and support level are determined as follows:

  • R3: 0.341092
  • R2: 0.333689
  • R1: 0.322108
  • S1: 0.295721
  • S2: 0.295721
  • S3: 0.28414