Ripple Price Analysis: XRP trading at $0.26 down by 14.7% within 30 days

• Ripple XRP is trading at $0.263846 (+0.8%) as of August 17, 2019, at 18:25:42 UTC.
• Recently Xpring partnerships with Coil to revolutionize content monetization may result in the upward movement.
• The price of XRP vs USD is down by 14.7% within the last 30 days.

Ripple XRP is currently in the trap of bear and the recent partnership of Xpring with Coil may act as a catalyst for the jump in price. Xpring on August announces a grant of 1 billion XRP (roughly $265 million) to Coil. Basically, Coil is a platform dedicated to reimagining monetization on the web for creators and their fans.

XRP/USD Price Analysis

XRP the 3rd largest cryptocurrency by market capitalization is currently trading at $0.263846 (+0.8%) as of August 17, 2019, at 18:25:42 UTC. In the last 30 days, the price of XRP/USD is down by almost 14.7% and is down by 9.3% within a year.

Ripple XRP started trading at $0.3153 on 19 July 2019 and reaches $0.3389 on 21 July 2019, which is the highest for XRP within the last 30 days. After that XRP/USD started to decline slowly and it suddenly dumped from $0.2975 on 14 August 2019 to $0.2570 on the same day.

After that XRP is trading around the $0.25 and bulls are trying hard to cross the $0.30 mark. The 24h High for XRP/USD is $0.258879 while the 24h Low is $0.268074

Ripple Price Statistics

• At press time Ripple price is $0.263402 and 0.00002614 BTC
• The market capitalization of XRP has reached $ 11.30B
• The 24 hour trading volume is $1,676,393,371
• 24h Low / 24h High is $0.258879 / $0.268074
• Circulating Supply is 42,890,708,341 / 100,000,000,000 XRP

Conclusion

The price of Ripple XRP is in the bear trap from last many days and trying hard to cross $0.30 mark. Due to the recent partnership of Xpring and Coil, there are more chances that the price of XRP will cross the $0.30 mark by the next week.