Ripple Market Report: XRP Market Capitalization Third Highest

Price brief


Ripple is up 1.14% on the day, down -2.21% on the week and down -18.14% on the month:

Last price

.00001327 XRPBTC

$USDT

last price $ 00.00603366
one week ago $ 00.00617806
percentage -2.34%

Remarks

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

Price change is the percentage change within the period:

period change
day 1.14%
week -2.21%
month -18.14%

Chart

Tap or click chart to enlarge:

chart-xrp

Data source

Poloniex is the data source for this report.

Market capitalization

Market capitalization is the total $US dollar value of the Ripple market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 210,385,757 M 34868679462 $ 00.00603366

Daily High Low

daily high .00001329
daily low .00001297

Trend

The weekly trend is down.

trend is DOWN

Support

Support is the lowest price within the period:

period support
day .00001297
week .00001259
biweekly .00001259
month .00001259

Resistance

Resistance is the highest price within the period:

period resistance
day .00001329
week .00001732
biweekly .00001459
month .00001732

Range

Range is the difference in price within the period:

period range
day 0.00000032
week -0.00000030
month -0.00000294

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary


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.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Wednesday May 18 2016 20:36 hours UTC.

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Tags

Ripple, Poloniex, XRPBTC, Price brief, Last price, Remarks, Price change, Chart, Data source, Market capitalization, Daily high low, Trend, Support, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, Tags,