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Latest Ripple price and analysis (XRP to USD)

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Ripple’s XRP token has printed an impressive bounce from yesterday’s $0.20 low, rising above the level of resistance at $0.216.

However, it remains in a bearish posture until it can break above the $0.2252 level, which provided support during the end of February and beginning of March.

XRP is still 12% up since the turn of the year despite slumping by 37% over the past month.

The market cap of XRP has fallen back below $10 billion after peaking at $14.6 billion last month, a far cry from January 2018 when it was worth $147 billion.

From a technical perspective XRP has continued to trade in a consolidation pattern following the weekend’s gruelling move to the downside.

It is expected to carry on trading within the tight range as it attempts to regain some momentum over the coming weeks

Much of it will depend on the upcoming direction of Bitcoin, which has endured a turbulent past week itself with a dramatic 12% move to the downside.

If Bitcoin can begin to trade back above $8,450 altcoins like XRP, Ethereum and Litecoin would begin to follow

For more news, guides and cryptocurrency analysis, click here.

Latest Ripple price

Current live Ripple pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Ripple price. Pricing is also available in a range of different currency equivalents:

US Dollar – XRPtoUSD

British Pound Sterling – XRPtoGBP

Japanese Yen – XRPtoJPY

Euro – XRPtoEUR

Australian Dollar – XRPtoAUD

Russian Rouble – XRPtoRUB

Bitcoin – XRPtoBTC

About Ripple (XRP)

Ripple is a real-time gross settlement system (RTGS) developed by the Ripple company. It is also referred to as the Ripple Transaction Protocol (RTXP) or Ripple protocol. It can trace its roots to 2004 when a web developer called Ryan Fugger had the idea to create a monetary system that was decentralised and could effectively allow individuals to create their own money.

Ripple is one of the largest cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalisation.

More Ripple news and information

If you want to find out more information about Ripple or cryptocurrencies in general, then use the search box at the top of this page. Here’s a recent article to get you started:

https://coinrivet.com/ripple-ceo-brad-garlinghouse-hits-back-at-critics-xrp-is-not-a-security/

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.