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Price Analysis and Prediction: Ripple

by Pragati Shrivastava
, Price Analysis and Prediction: Ripple

Today we’re going to give a quick overview of Ripple (XRP) price analysis and our market prediction as the week closes out. XRP has been losing ground steadily since late June 2019 with Ripple’s valued at $0.248 at press time. The market cap is at $10.95 Billion and the 24-hour trade volume is at $1.24 Billion which is a 0.54% fall over the past day.

The XRP daily chart shows a consistent decline in value over the past few months. XRP has entered a falling wedge towards the end of June, rising from $0.254 to $0.326 in mid-September where it tested the SMA100. What’s going on?

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