Ripple

Ripple Market Report: $XRP Peaks to All Time USD High

Brief:

Ripple has skyrocketed to a new all time USD high of $00.47. Ripple is up 56.07% in 24 hours, up 60.05% on the week and down -16.95% on the month on a last price of 0.00002700 or about $00.43. The Ripple marketcap is $16,657,832,284 with a circulating supply of 38,739,144,847 $XRP. $XRP/BTC is trading between a 24hr high of 0.00002950 ($00.47) and a 24hr low of 0.00001724 ($00.27) on a 24hr Poloniex volume of 17,592 BTC. In heavy volume trading the weekly trend is mixed.

Last price

0.00002700 $XRP/BTC

$USD
last price $ 00.43
one week ago $ 00.27
percentage 59.26%

Volume
$XRP 24 hour volume
BTC 17,592 BTC
all $XRP currencies 199,333 BTC
The 24 hour volume for $XRP/BTC on Poloniex is 17,592 BTC. This volume weight is heavy when compared with Poloniex daily trading levels for $XRP over the last month.

The total 24 hour volume for all reporting $XRP markets is 199,333 BTC.

Market Share

The Poloniex currency pair $XRP/BTC is 8.83% of all $XRP traded in twenty-four hours. Poloniex has a minority market share of 8.83% which is fourth overall today. The big Korean exchanges Bithumb (33.38%) and CoinOne (9.45%) hold down positions one and two. After them Bittrex is third with 9.25% today.

Remarks

Ripple has skyrocketed to a new all time USD high of $00.47. Ripple is up 56.07% in 24 hours, up 60.05% on the week and down -16.95% on the month on a last price of 0.00002700 or about $00.43. The Ripple marketcap is $16,657,832,284 with a circulating supply of 38,739,144,847 $XRP. $XRP/BTC is trading between a 24hr high of 0.00002950 ($00.47) and a 24hr low of 0.00001724 ($00.27) on a 24hr Poloniex volume of 17,592 BTC. In heavy volume trading the weekly trend is mixed.

The Christmas good times continue unabated with record setting prices from top market capitalization crypto in a bullish market. Nowhere is this more evident than in the top five coins; bitcoin, ethereum, bitcoin cash, Ripple and Litecoin have all posted record gains and prices in recent days.

The recent spike in the price of bitcoin continues to muddy the water in reporting all time highs. Todays $XRP report uses the base currency of BTC as reported on Polonex in their fourth largest world market for $XRP. This is the currency $XRP is held in after sale of this asset. The all time high USD price is a conversion of the BTC price. With $XRP, last months BTC price was actually higher than todays BTC last price. This superficially lends the impression that the price is decreasing or down. However, when applying a USD conversion using the current price, the current price of bitcoin is so high – relative to last month – that in fact we see a decreased BTC price but an all time high USD price. It is a remarkable set of circumstances we are likely to see again soon with other crypto.

Read all about the latest Christmas crypto market news as it happens on AllCoinsNews.com. Stay tuned in to the big market movers by subscribing to our convenient email blast.

CoinMarketCap.com YTD Chart

One Day Candles

Browse Ripple Collection
Learn about the unique characteristics of $XRP. Browse our collection of Ripple Market Reports.

Wednesday December 13 2017 Bitcoin Background
Altcoins such as Ripple may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
-5.59% price $16,513.50
vol $13,525,000,000
mktcap $276,418,848,987
16.74M #XBT 20:04 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Price change
Price change is the $XRP percentage change within the period:
period change
day 56.07%
week 60.05%
month -16.95%

Highlight Chart
Tap / click to enlarge:

Ripple has skyrocketed to a new all time USD high of $00.47. Ripple is up 56.07% in 24 hours, up 60.05% on the week and down -16.95% on the month on a last price of 0.00002700 or about $00.43.
Ripple has skyrocketed to a new all time USD high of $00.47. Ripple is up 56.07% in 24 hours, up 60.05% on the week and down -16.95% on the month on a last price of 0.00002700 or about $00.43.

Data source
Poloniex is the main data source for this report. Other sources are credited where used.

Market capitalization
Market capitalization is the total $US dollar value of the Ripple market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 16,657,832,284
Circulating supply 38,739,144,847
Last price $ 00.43
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low
daily high 0.00002950
daily low 0.00001724

Trend
The weekly trend is MIXED.

Resistance
Resistance is the highest price within the period:

period resistance
day 0.00002950
week 0.00002950

Support
Support is the lowest price within the period:

period support
day 0.00001724
week 0.00001171

Market sentiment
Market sentiment is bullish.

Summary
Ripple has skyrocketed to a new all time USD high of $00.47. Ripple is up 56.07% in 24 hours, up 60.05% on the week and down -16.95% on the month on a last price of 0.00002700 or about $00.43. The Ripple marketcap is $16,657,832,284 with a circulating supply of 38,739,144,847 $XRP. $XRP/BTC saw weekly resistance at 0.00002950 ($00.47) and weekly support at 0.00001171 ($00.19). Market sentiment is bullish. The weekly trend is mixed in heavy volume trading.

Disclaimer
Past history is NOT an indicator of future results. Read the legal disclaimer:
http://kittybitcoin.com/docs/disclaimer.php

Printed
Today’s report has lost some standard links and formatting due to publishing at a remote location. We’ll be back next report with the full meal deal.

This report was printed on Wednesday December 13 2017 19:51 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon
Watch for our next Bitcoin & Ethereum Market Reports coming soon – or browse reports:
Ethereum – Last report Ether
http://allcoinsnews.com/2017/11/30/ethereum-market-report-eth-sets-new-all-time-high-518/

Bitcoin – latest report Bitcoin
http://allcoinsnews.com/2017/12/07/bitcoin-market-report-btc-increases-by-2685-in-24-hours/

Thanks for reading! 🙂

Tags

Ripple, $XRP, BTC, Poloniex, Market, Report, $XRP/BTC, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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