Ripple Market Report: XRP/BTC Up 1.10% on the Week
Ripple is up 0.31% on the day, up 1.10% on the week and down -14.65% on the month on a last price of 0.00000641. XRP/BTC is trading between a 24hr high of 0.00000659 and a 24hr low of 0.00000624 on a 24hr volume of 630 BTC or 98279855 XRP. The weekly trend is mixed.
|last price||$ 00.00630995|
|one week ago||$ 00.00624104|
With an available supply of over thirty-seven BILLION XRP (37,044,533,660) it’s a big deal when the coin price rises over one percent. Yesterday saw a month long downtrend interrupted. The one day volume was 1033 BTC which saw the price climb from a low of 0.00000588 to a high of 0.00000668. This is a gross gain of 80 satoshis on the day.
The weekly, biweekly and monthly support level of 588 was also touched yesterday. The price change may be signalling the end of the month long downtrend – or could be a brief change in an otherwise descending line. Today’s volume at presstime was 631 BTC. The one day chart is showing red but also price bouyancy with firm support at 0.00000636 BTC.
With new coins showing a designer level of sophistication, the older coins such as XRP may not be seeing as much short term demand. The rational is that there is a fixed amount of investment capital and a growing number of attractive coins. Over a month ago Ripple was trading above 0.00000900 which is a far cry from today’s last price of 0.00000641 XRP/BTC. Nonetheless Ripple does remain one of the old standby coins with other investment uses detailed on its websites.
Zoom in for weekly detail with the Featured Chart.
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Learn more about the unique characteristics of this digital asset. Browse our comprehensive collection of Ripple Market Reports XRP/BTC. [opens in new tab]
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the Ripple market calculated using the formula:
|Market cap||$ 233,749,155|
|Last price||$ 00.00630995|
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 up 0.31% on the day, up 1.10% on the week and down -14.65% on the month. The weekly trend is mixed. XRP/BTC saw weekly support at 0.00000588 and weekly resistance at 0.00000668. Market sentiment is neutral.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Friday February 10 2017 18:41 hours UTC. Contact KittyBitcoin to request custom reports.
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