- Ripple reflects an improvement on the YTD price chart
- The XRP coin still holds the expectation to improve
Ripple is considered to be a result-yielding coin. The currency has always outperformed the traders’ expectations. In the past few months, the XRP coin is registering a fall in the price of the coin. The currency tried to battle the market pressure, and hence indicating slight improvement.
As Ripple is on the recovery spree, there is strong anticipation that the coming days would give flourishing results to the traders.
XRP/USD Price Chart:
Ripple started dealing at $0.37784 at the beginning of the year. The coin slipped to $0.31607 by 16.19% by the end of January month. There was slight uptrend in February that took the XRP price to $0.3316 by 4.74%. In March, the price shifted to $0.316 by 4.52% drop. In April, Ripple price kept hovering around $0.3142 by 0.57%. In May, the price escalated to $0.4396 from $0.314 by 40.26%. From June, the price slipped to $0.3940 by 10.23%. The fall continued in July, and the price went to $0.3208 by 18.87%. The same trend was observed in August too. The price counters changed to $0.2585 by 19.44%. In September, the price of XRP coin kept moving around $0.25791. In October, Ripple price improved and surged to $0.29568 by 14.65%.
XRP Price Prediction
Ripple is currently reflecting on the bearish trend since the opening hours. The intraday traders might experience a flourishing day ahead. Ripple price is slowly sliding towards the immediate support level at $0.271.
Ripple is anticipated to give good results in some time. The traders interested in Ripple are suggested to dig-in for a long-term period. The same would bring a colossal profit to the traders.