Ripple, at 10:38 AM UTC was seen to be trading at $0.642 with a market capitalization of $25.149 billion. The coin has had a gain of 0.99% and it peaked at an intraday high of $0.708 at 10:30 AM UTC yesterday. Right now the coin is struggling to stay above the $0.65 mark which is crucial for the coin. Ripple ended yesterday at the price of $0.640 and right now the indicators on the hourly chart show that the coin is more likely to consolidate at this level or it may even go down. A 28.3% rally for the week was achieved by the coin with a 10.77% gain on Wednesday and a 19.24% gain on Thursday. Yesterday the coin dropped to an intraday low of $0.613 with a support of $0.541. The coin then peaked at an intraday high of $0.708 to test the day’s major at $0.703 before dropping to $0.60.
The sentiments of people from around the world say that that it was expected to happen as the hourly charts of most of the coins showed a tendency for them to consolidate. The Bitcoin dominance is slowly moving up to 42.5% as was seen at 10:27 AM UTC.
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Very good comment
What are all of them doing with Xrp actually?
still not a keen fan of XRP and the tech but if it makes some quick bucks and the hype machine is massive, be silly not to get in
I am not a fan, but it's a solid speculative tool, and i am often eager using this tool!
Xrp use is not clear at all
Perhaps it is just used as a speculative tool for Ripple and the contract signing company, as they both will possess some Xrp and both Ripple and the signing company know that Xrp value will raise when the news of a partnership comes