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    Categories: XRP News

Ripple Faces Marginal Drop Since Yesterday

Did you hear the official partnerships of banks with XRP? Around 61 of 200 Japan banks are going to use Ripple. XRP is now going to boom in the global region, leaving a credible mark behind!

XRP price was seen trading at $0.25778 at 10:10 UTC on September 06, 2019. Yesterday, Ripple was initiated in the upward motion. At 05:26 UTC, the price of Ripple was trading at $0.26002. The value was seen dropping by 1.94% at 10:15 UTC when the XRP price changed to $0.25497. In just next few minutes, the price was increased by 1.34% at 10:57 UTC trading at $0.25836.

Ripple price saw a drop again by 1.51% at 18:00 UTC when the price changed to $0.25446. Today, at 04:58 UTC, XRP coin price was escalated by 1.71% trading at $0.25880, which is dropped by 0.40% from then as of now.

Ripple is trading in the bearish zone, welcoming numerous new entrants. Be that as it may, a worry clearly has been raised that XRP is dropping continually with the downward movement.

Following are the calculated resistance and support levels:

R3: 0.265462

R2: 0.263085

R1: 0.259715

S1: 0.253968

S2: 0.251591

S3: 0.248221

Based on Ripple price prediction, huge numbers of the bank authorities have built up their trust in Ripple, which is absolutely working for the validity of the system. As such, XRP is known to be a very solid and dependable coin in the crypto field.

Ronald Cribbs: Ronald Cribbs is a reporter who has studied in Journalism and previously worked as a freelance reporter in well-known publications and financial news websites. He is regularly going for the interview with leading industry players of crypto space. He has been following cryptocurrencies since 2012.