Latest Ripple price and analysis (XRP to USD)

Ripple’s polarising XRP token continues to be one of the most bearish cryptocurrencies despite rising by 2.5% today.

It has once again failed to break above the daily 200 moving average with it now looking like a move towards the $0.20 level of support is on the cards over the typically low volume weekend.

The stagnation in price comes in spite of Bitcoin’s stunning rise ahead of next week’s halving event, which has seen it surge to as high as $9,550 over the course of today.

But with much of the attention focused on Bitcoin, altcoins are falling by the wayside as overall Bitcoin dominance continues to rise.

In order for XRP to prove critics and analysts wrong it desperately needs to rally above $0.226, which is only a 5% move from its current position.

A move of that magnitude would open up a great deal of potential for XRP, with upside price targets emerging at $0.2445 and $0.2968.

However, in order for a rally to be sustained it would need an injection of trade volume, something that it has struggled to maintain over the past two months.

What’s far more likely is a further corrective move to the downside to the $0.1692 level of support, which was a point of resistance during XRP’s recovery in Apil.

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Latest Ripple price

Current live Ripple pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Ripple price. Pricing is also available in a range of different currency equivalents:

US Dollar – XRPtoUSD

British Pound Sterling – XRPtoGBP

Japanese Yen – XRPtoJPY

Euro – XRPtoEUR

Australian Dollar – XRPtoAUD

Russian Rouble – XRPtoRUB

Bitcoin – XRPtoBTC

About Ripple (XRP)

Ripple is a real-time gross settlement system (RTGS) developed by the Ripple company. It is also referred to as the Ripple Transaction Protocol (RTXP) or Ripple protocol. It can trace its roots to 2004 when a web developer called Ryan Fugger had the idea to create a monetary system that was decentralised and could effectively allow individuals to create their own money.

Ripple is one of the largest cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalisation.

More Ripple news and information

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