Ripple Market Report: XRP/BTC Sets Monthly High

Brief:


Ripple has set a new daily, weekly and monthly high of 0.00001129 BTC. Ripple is up 10.60% on the day, up 91.36% on the week and up 106.27% on the month on a last price of 0.00001085. XRP/BTC is trading between a 24hr high of 0.00001129 and a 24hr low of 0.00000804 on a 24hr volume of 16710 BTC or 1712560482 XRP. The weekly trend is up.

Last price

0.00001085 XRP/BTC

$USD

last price $ 00.01044722
one week ago $ 00.00545952
percentage 91.36%

Volume

Volume

The 24 hour volume on Poloniex is 16710.13988599 BTC or 1712560482.68735667 XRP.

Remarks

Ripple has set a new daily, weekly, biweekly and monthly high of 0.00001129 BTC. The move has been a long time in coming with the current rally beginning in earnest on March 17 after weeks of depressed prices which went as low as 0.00000427 BTC per XRP:

One Month Chart
chart-xrp-btc-1month-4hour-2017-03-24

Today`s 24 hour volume is 16710 BTC – which is second highest on Poloniex – and this helped push the price to a new monthly high. XRP trading at press time continues bullish in heavy volume.

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XBT LivePrice
The deflation of the bitcoin price was one factor in the XRP rally:

xbtliveprice-2017-03-24

Price change

Price change is the percentage change within the period:

period change
day 10.60%
week 91.36%
month 106.27%

Featured Chart

Tap or click chart to enlarge:

chart-xrp-btc-1week-2hour-2017-03-24

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 $ 390,610,699
Available supply 37388960792
Last price $ 00.01044722

Daily High Low

daily high 0.00001129
daily low 0.00000804

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00000804
week 0.00000550
biweekly 0.00000464
month 0.00000427

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00001129
week 0.00001129
biweekly 0.00001129
month 0.00001129

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 0.00000325
week 0.00000518
month 0.00000559

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Ripple has set a new daily, weekly and monthly high of 0.00001129 BTC. Ripple is up 10.60% on the day, up 91.36% on the week and up 106.27% on the month. The weekly trend is up. XRP/BTC saw weekly support at 0.00000550 and weekly resistance at 0.00001129. 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 Friday March 24 2017 20:31 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