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Ripple is on the incline in the last 7 days
In the past 24 hours, the price of Ripple has decreased by -0.9%. It's price has dropped by -3.7% in the last 7 days. The current price per XRP is $0.81 AUD.
What is XRP?
XRP was created in 2012 by San Francisco based company – Ripple. XRP was designed as a high-speed, inexpensive means of transferring currency globally on the RippleNet. The XRP tokens can be sent directly between networks without the need for an intermediary. XRP uses a consensus mechanism known as the XRP Ledger Consensus Protocol to allow for fast, global transactions.
To learn more, check out our guide to XRP on Swyftx Learn.
Understanding XRP price chart
The chart above is an XRP candlestick chart displaying the lifetime price movements of XRP. Traders can utilise this chart to select custom timeframes and view daily pricing candles of XRP.
Many successful traders use candlestick charts to perform crypto technical analysis and develop trading strategies. Candlestick charts can be used to predict patterns within the market based on the price movements of assets.
To learn more, check out our guide to candlestick charts on Swyftx learn.