Ripple Market Report: XRP/BTC Up 22.29% on the Week

Brief:


Ripple is up 1.79% on the day, up 22.29% on the week and up 30.59% on the month on a last price of 0.00001366. XRP/BTC is trading between a 24hr high of 0.00001406 and a 24hr low of 0.00001282 on a 24hr volume of 3770 BTC or 277,343,334 XRP. The weekly trend is mixed.

Last price

0.00001366 XRP/BTC

$USD

last price $ 00.00824715
one week ago $ 00.00674383
percentage 22.29%

Volume

Volume

The 24 hour volume on Poloniex is 3770.30596323 BTC or 277343334.55659787 XRP.

Remarks

XMR/BTC has seen prolonged upwards price and volume performance since September 15 2016. Today’s volume of about 3700 is second only to ether’s 6700 BTC.

The Featured Chart shows one month in four hour candlesticks. September 15 saw 14,383 BTC of Ripple change hands – with the price skyrocketing to a monthly high of 0.00001750 BTC. Since then the price has eased off to a September 20th low of 0.00001084, but has seen predominantly upwards movement for the remainder of this week:

Weekly Chart
chart-xrp-btc-7days-2016-09-27

September 26 and 27 saw limited price correction followed with ascending prices.

Browse the Ripple Market Report Archive
Historically Ripple has traded lower. This and other useful asset behavior and characteristics may be researched with our handy Ripple Market Report archive. [opens in new window]

With a market capitalization of about 293 million Ripple is second only to bitcoin and ether.

Price change

Price change is the percentage change within the period:

period change
day 1.79%
week 22.29%
month 30.59%

Chart

Tap or click chart to enlarge:

chart-xrp-btc-2016-09-27

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
$ 292,432,456 35458607580 $ 00.00824715

Daily High Low

daily high 0.00001406
daily low 0.00001282

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00001282
week 0.00001113
biweekly 0.00000956
month 0.00000926

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00001406
week 0.00001475
biweekly 0.00001750
month 0.00001750

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 0.00000124
week 0.00000249
month 0.00000320

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Ripple is up 1.79% on the day, up 22.29% on the week and up 30.59% on the month. The weekly trend is mixed. XRP/BTC saw weekly support at 0.00001113 and weekly resistance at 0.00001475. Market sentiment is bullish.

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 September 28 2016 04:44 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

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