Ripple Price Has Dropped by 3% in Last 2 Days

Since the beginning of this month, XRP coin was priced at $0.25856 at 04:00 UTC, post which there were a couple of rises and falls over the next two days. On September 03, 2019, there was a sharp rise and XRP coin touched to $0.26572. However, it has not been able to maintain its efficiency at this level and has started to decline. While writing this analysis, the movement of the coin was a bearish one. Over the past week, Ripple has seen several ups and downs. However, XRP coin has managed to remain stable at $0.25. XRP may be traded today around $0.25 mark.

Ripple Price Analysis:

XRP had reached as high as $0.26572 on September 03, 2019 at 14:00 UTC and if we compare this price with the present price, XRP coin indicates a bearish run by 3%.

The bearish run can continue for the coin tomorrow also and it may touch $0.2561. XRP may be traded at the price of $0.255 and $0.257 in this month.

Trading on Ripple on a short-term basis may also be done as the coin has been more or less being traded in the range of $0.25 and $0.26. XRP can reach as high as $0.30 soon.

Paul Jolin

Paul Jolin is an economist having experience in financial research. He joined CoinNewsSpan in 2017 and since then has been working with the team to offer best price analysis and review stories on the crypto space. He is optimistic about blockchain technology's use cases in terms of financial freedom. He also has experience as an independent trader.

Published by
Paul Jolin