XRP coin was trading at $0.2599 on August 21, 2019, and it was dominated by the bears. The same phenomenon remained until September 17, 2019. The next day, it showed a steep growth of 27.76%. It managed to bounce back despite the fall of September 4 and touched $0.3088. The first week of November onwards, the bears have regained control on XRP coin.
Ripple Price Analysis
On November 6, Ripple price was traded at $0.3122, and now it stands at $0.2518 which means it has dropped by 19.35%. The trend suggests that it can fall even more and reach its next support $0.2469.
Experts suggest buying XRP coins as per the trend noticed. Price evaluation since August 21, 2019, highlights the several ups and downs shown by Ripple. When it rose upwards on September 18, 2019, it couldn’t survive then. Advisable to invest in long term as it may reverse the trend soon.