Ripple Market Report: XRP Market Capitalization Third Highest
Ripple is up 1.14% on the day, down -2.21% on the week and down -18.14% on the month:
|last price||$ 00.00603366|
|one week ago||$ 00.00617806|
Ripple (trading symbol: XRP) has the third highest market capitalization of all cryptocurrencies after Bitcoin and Ethereum. According to their website, Ripple distributed financial technology allows for banks around the world to directly transact with each other without the need for a central counterparty or correspondent. Ripple enables banks to compress operational costs and offer new services for cross-border payments.
Price change is the percentage change within the period:
Poloniex is the data source for this report.
Market capitalization is the total $US dollar value of the Ripple market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 210,385,757 M||34868679462||$ 00.00603366|
Daily High Low
The weekly trend is down.
Support is the lowest price within the period:
Resistance is the highest price within the period:
Range is the difference in price within the period:
Market sentiment is bearish.
Ripple is up 1.14% on the day, down -2.21% on the week and down -18.14% on the month. The weekly trend is down. XRPBTC saw weekly support at .00001259 and weekly resistance at .00001732. Market sentiment is bearish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Wednesday May 18 2016 20:36 hours UTC.
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