- Ripple (XRP) faces four price variations in the last 4 hours.
- The closing price is likely to be around 0.490 USD.
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Ripple (XRP) is one of the most important coins of the current times in terms of market cap and growth pattern. This coin’s user base has not only long-term traders but also short-term traders. It usually gives enough space to the speculators to trade on short-term and make reasonable profits. Here is an analysis of Ripple’s movement in the last 4 hours. This will be a good piece of advisory to the speculators and intraday traders. Let us analyze the current details of the coin first.
XRP Current Price Statistics-
| Ripple (XRP) | 23rd June 09:36 UTC |
| Rank | 3rd |
| ROI (Return on Investment) | 7,902.19% |
| Coin Circulation | 42,501,950,124 XRP |
| Market Cap | 20,435,474,086 USD |
| Value in USD | 0.4744013 USD |
| Value in BTC | 0.00004466 BTC |
| 24h Volume | 3,392,630,378 USD |
XRP to USD Price Comparison-
Ripple (XRP) faced its first fall of 0.94% between 04:47 UTC and 05:23 UTC from 0.48 USD to 0.47 USD. This was followed by a hike of 1.60% which happened over 40 minutes from the price of 0.479 USD to 0.486 USD. This has made a perfect inverted triangle. From there again the coin fell down by 1.57% in the next 1 hour and 3 minutes. The latest fall happened between 08:31 UTC and 09:22 UTC and it made the coin to lose 2.22% of its value. All these ups and downs have been moderate in nature and none of them was beyond 2.5%.
XRP Price Prediction-
Ripple (XRP) is likely to experience a number of variations in the market in the near future. The closing price is likely to be around 0.490 USD.
Conclusion-
Short-term investors need to be quick at making decisions as the coin’s ups and downs are not very extending ones. Any movement beyond 2.5% is to be noted.
