XRP is ranked at #3 in the market above Bitcoin Cash and Litecoin. The price ascended slightly, at a rate of 0.77% in the course of the past 24-hours. The trading volume recorded stands at $1.916 billion, while the supply has 43,055,012,634 XRP coins included in circulation. XRP is priced at $0.295950 as of this instant. The total market cap of this digital currency that is primarily used as a medium to carry-out cross-border transactions is $12.742 billion.
Today we celebrated our 7th anniversary at Ripple offices around the world! pic.twitter.com/tagARRbav5
— Ripple (@Ripple) September 19, 2019
2 days ago, XRP was deeply influenced by buyers, which led to some clueless analysts branding the asset as a “sleeping giant”. Well, XRP has been slumbering for more than a year, and it seems that the altseason is yet to arrive. On the 18th, XRP was being overbought, before the daily RSI [for 14 periods] sunk to 61.67 where it currently holds.
Since the aforementioned date, the Awesome Oscillator peaks have all been erected north of the zero line. On top of that, their green colors have led to many XRP HODLers feeling reassured. As long as Ripple executives and Jed refrain from dumping more coins from their personal storage, the virtual currency will thrive.
Resistance shall be felt at $0.3273, and support lies close to the $0.2374 mark. Once again, Ripple has declared that “the XRP LEDGER is decentralized” as they seek dismissal of a lawsuit leveled against them due to XRP being regarded as a security token.
HODLers have already begun to make plans tied to XRP’s journey “to the moon”. I hope their investment pays off.
About Post Author
Aditya Chatterjee
A specialist in comics and cryptocurrencies with an inclination towards DASH and Cardano. I have an innate desire to be a seasoned trader in the near future. Analyzing candlestick charts is a personal hobby.
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