Ripple (XRP) price analysis over 2018

The price of XRP dropped 82% in 2018

2018 was a fraught year for cryptocurrencies. The price of Ripple (XRP) dropped 82% since it opened at $1.98 on January 1st, 2018. It closed on December 31st, 2018 at $0.3510.

Despite the dramatic loss in 2018, XRP is still one of the biggest, most well known, and most widely traded cryptocurrencies around. It is one of the top 10 cryptocurrencies by market capitalisation.

Monthly XRP price and monthly change

Date Open Close Monthly change Annual change
Jan-18 1.9800 1.13931 -42.46% -42.46%
Feb-18 1.1363 0.88692 -21.94% -55.21%
Mar-18 0.8869 0.50089 -43.52% -74.70%
Apr-18 0.5013 0.83137 65.85% -58.01%
May-18 0.8314 0.61103 -26.51% -69.14%
Jun-18 0.6110 0.46486 -23.92% -76.52%
Jul-18 0.4649 0.43498 -6.44% -78.03%
Aug-18 0.4350 0.33503 -22.98% -83.08%
Sep-18 0.3351 0.58274 73.92% -70.57%
Oct-18 0.5827 0.45361 -22.16% -77.09%
Nov-18 0.4536 0.36448 -19.65% -81.59%
Dec-18 0.3645 0.35100 -3.70% -82.27%

Latest Ripple price commentary

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

US Dollar – XRPUSD

British Pound Sterling – XRPGBP

Japanese Yen – XRPJPY

Euro – XRPEUR

Australian Dollar – XRPAUD

Russian Rouble – XRPRUB

Bitcoin – XRPBTC

In addition, we regularly publish an XRP price analysis:

About Ripple

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.

Our site is packed full of content and resources if you want to find out more in depth information about cryptocurrencies.

If you want to find out the latest news about Ripple or cryptocurrencies in general, then use the search box at the top of this page. Here’s a couple of articles to get you started:

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

You may also be interested in our range of cryptocurrency guides along with the latest cryptocurrency news.

 

 

 

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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