Ripple Market Report: XRP/BTC Near Weekly Low of 0.00000935
Ripple is down -1.44% on the day, down -2.85% on the week and down 0.00% on the month on a last price of 0.00000956. XRP/BTC is trading between a 24hr high of 0.00000990 and a 24hr low of 0.00000944 on a 24hr volume of 369.50 BTC or 38322095.57 XRP. The weekly trend is mixed.
|last price||$ 00.00638335|
|one week ago||$ 00.00657031|
Ripple neared a weekly low of 0.00000935 as it bounced off the 24 hour low of 0.00000944 BTC earlier today. With 35.3 billion XRP available supply it takes a lot of volume to move the price. The near weekly low could be attractive for a long position.
Coupled with the low price is the potential promise of a capricious price spike. We have seen two recent spikes of XRP/BTC. The more recent price spike soared to a weighted average of 0.00001058 on a volume of 2656.7 on June 22 2016.
The earlier spike on June 14 2016 set a monthly high of 0.00001979 BTC on a volume of 3931.8 BTC. The last price at press time was 0.00000956 BTC.
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the Ripple market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 225,625,710||35345971933||$ 00.00638335|
Daily High Low
The weekly trend is mixed.
Support is the lowest price within the period:
Resistance is the highest price within the period:
The data source Poloniex offers margin trading on this digital asset.
Range is the difference in price within the period:
Market sentiment is neutral.
Ripple is down -1.44% on the day, down -2.85% on the week and down 0.00% on the month. The weekly trend is mixed. XRP/BTC saw weekly support at 0.00000935 and weekly resistance at 0.00001034. Market sentiment is neutral.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Tuesday July 12 2016 20:16 hours UTC. Contact KittyBitcoin to request custom reports.
Ripple, XRP/BTC, Poloniex, Brief, Last price, Volume, 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