Ripple Price Down Almost 20% – What Goes up Must Come Down

Ripple Price Down Almost 20% – What Goes up Must Come Down
фото показано с : nulltx.com

2018-9-25 07:43

The Ripple price is down almost 20%, trading at $0.47 at the time of writing. XRP was getting close to passing Ethereum by market cap, but unfortunately support couldn’t hold. Ripple isn’t the only cryptocurrency experiencing double digit losses in the past 24 hours. Stellar and Cardano are also down roughly 11%.

After rising over 30% in a single day on September 20th many traders FOMO’d into the XRP market, chasing another high. While the initial price rise did hold for two days, the market retraced back since then.

The good news is, the price is still higher than it was 3 days ago, so if you bought Ripple any time before the 21st you are still in the green.

In our previous Ripple price article where we discussed 3 bearish and bullish XRP price predictions, the below chart by Tilen_tradershub from tradingview is looking to play out as predicted:

Chart: Tradingview

The upper and lower ranges for XRP according to the chart are $0.65 and $0.42, these should be good levels to look out for.

Ripple is scheduled to launch it’s liquidity platform xRapid next month which could be the cause for XRP’s recent price rise. If the launch goes smoothly, nothing is stopping the Ripple price from moving higher. However, in the crypto world a common phrase is: “buy the rumor, sell the news.” So proceed with caution.

Looking at the bigger picture, the cryptocurrency market overall is at $211b, the fact that it is above $200b is a good sign. Unfortunately, Monday wasn’t a great start for the markets as most went in the red. However, the good news is prices only dropped to what they were 3-4 days ago, which means there is still plenty of chance for recovery.

Let us know your thoughts on the future of Ripple’s price by voting on our twitter poll:

Do you think #ripple price will move higher in the next few days?

— Null TX (@nulltxnews) September 25, 2018



Ripple Charts by Tradingview

The post Ripple Price Down Almost 20% – What Goes up Must Come Down appeared first on NullTX.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5348 (-1.35%)
Объем 24H $810.62m
Изменеия 24h: 1.13 %, 7d: 5.19 %
Cегодня L: $0.5286 - H: $0.5464
Капитализация $29.54b Rank 7
Цена в час новости $ 0.4501 (18.82%)

down ripple price almost come must goes

Источник: nulltx.com

down ripple → Результатов: 57


Crypto Price Review: Bitcoin, Ethereum and Ripple Are Bullish; Bitcoin Cash and Litecoin Struggle

Bitcoin (BTC) Bitcoin, the largest cryptocurrency by market cap, has shot up to $6,500. This past week has been an up-and-down journey for the cryptocurrency, with price swings from $6,400 all the way down to $6,090, but for the time being, bitcoin appears to be exhibiting bullish activity and expanding its horizons. Some of bitcoin’s […]

2018-8-18 21:12


дальше еще 8 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Are Ethereum And XRP Securities? Ripple CEO Weighs In On The Debate

The US Securities and Exchange Commission has long been at loggerheads with the crypto industry, especially concerning the security status of some cryptocurrencies. Ripple CEO Brad Garlinghouse recently had some strong opinions on the matter that he’s not afraid to share.

XRP Sees Over $12 Million Sell-Off: Whale Warning Or Buying Opportunity?

The once-booming cryptocurrency XRP, championed by Ripple Labs, finds itself precariously perched on a stormy sea of uncertainty. Recent weeks have been a tempestuous voyage for the digital asset, rocked by a confluence of challenges: regulatory scrutiny, dwindling investor confidence, and now, the ominous exodus of major whales.