Ripple Price Trend in First Week(March:2019):Downward

Over the last one week ripple price has not seen any progress. It remained bearish for the last two weeks. Ripple (XRP) was trading above support level of $0.30 during the week. There was 7.1% decrease in its price in last 7 days and 6.5% decrease in the last 14 days.

Ripple Price Analysis

Ripple price dipped below $0.31 on 4th March as the line chart indicates and then moved upward again. Same downward trend was repeated on 8th March, when it broke the support level $0.31 again. It could not break the resistance level of $0.32 during the entire week. It was fluctuating between $0.30 and $0.315.

Its resistance level for coming week could remain $0.315 and support level can go below $0.30.

With total market cap dominance of 9.63%, xrp is at #3 in market cap rank with total value of $12.84 Billion.

Data Source: coingecko

Disclaimer: We do not encourage or suggest anybody to invest in XRP and other Cryptocurrencies, please do your own full research and follow the law/rules as per your country standard.

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Author: Manoj Raturi

I am a Blockchain Technology enthusiast and love to read and write about it.

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