Ripple Market Report: XRP/BTC Up 16.52% on the Week

Brief:


Ripple is down -8.77% on the day, up 16.52% on the week and down -21.25% on the month on a last price of 0.00001030. XRP/BTC is trading between a 24hr high of 0.00001200 and a 24hr low of 0.00001001, in a weekly mixed trend.

Last price

0.00001030 XRP/BTC

$USD

last price $ 00.00637498
one week ago $ 00.00648460
percentage -1.69%

Remarks

The volume of XRP/BTC is currently fourth highest today on Poloniex weighing in with a 24 hour volume of 1681.96287576 BTC or 152419317.90345912 XRP.

The price trend is mixed with the two week trend going sideways interspersed with two large upward spikes. The price trends downward after each spike. This is the case in the lastest spike of June 22 2016 where 2656.7 BTC or 250,938,315 XRP changed hands in one day. Today’s price is descending.

The earlier June 14 2016 spike saw 3931.8 BTC traded. June 19 a smaller and third spike is seen. Each of the three spikes in the last month attained a minimum high of 0.00001100 with two spikes ascending much higher.

Previous XRP Reports

June 03 2016
Ripple Market Report: XRP Down -28.79% on the Month

May 18 2016
Ripple Market Report: XRP Market Capitalization Third Highest

Learn more
XRP enables instant, certain, low-cost international payments. Learn more about Ripple: https://ripple.com/

Price change

Price change is the percentage change within the period:

period change
day -8.77%
week 16.52%
month -21.25%

Chart

Tap or click chart to enlarge:

chart-xrp-2016-06-22

Data source

Poloniex is the data source for this market 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
$ 223,814,882 35108326973 $ 0.00637498

Indicators

Daily High Low

daily high 0.00001200
daily low 0.00001001

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00001001
week 0.00000806
biweekly 0.00000775
month 0.00000775

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00001200
week 0.00001300
biweekly 0.00001979
month 0.00001979

Margin trading

yes

The data source Poloniex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00000199
week 0.00000146
month -0.00000278

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ripple is down -8.77% on the day, up 16.52% on the week and down -21.25% on the month. The weekly trend is mixed. XRP/BTC saw weekly support at 0.00000806 and weekly resistance at 0.00001300. Market sentiment is neutral.

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 Thursday June 23 2016 20:51 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

Ripple, Poloniex, XRP/BTC, Brief, Last price, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags

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