Ripple (XRP) Price

Follow the Ripple price in euro, dollar and Pound sterling

In the widget above you can follow the current Ripple price in a simple chart which shows the performance of the XRP-token over the last day (because crypto-trading never stops, the chart shows you the past 24 hours).

XRP is also a cryptocurrency, just like Bitcoin and Ethereum. Cryptocurrencies are traded 24/7 and never take a break. When the Dow Jones takes a weekend off, you can still trade XRP and all other cryptocurrencies.

Traditional stocks don’t trade during the weekend, because the companies are closed and there is no relevant news for their shareholders. They can’t present new numbers for the last quarter or bring out a shocking news report. Cryptocurrencies are traded on platforms that are 24/7 open, even during the night and weekend time.

In the widget (made possible by our partner Bitvavo) you can see how the Ripple price has performed over the last 7 days, 30 days, since the beginning of this year (shown by clicking YTD) and since the notation of Ripple (shown by clicking ALL, which stands for all-time).

XRP price in euro and dollar

Below, you will find more information about the XRP performance over last month and last week. You’ll see the current market capitalization and the highest and lowest prices over the last 24 hours.

Use EUR and USD to switch between Euro and US dollar.

Please note that the price may vary by a few cents compared to the rate at the top of the page. This is because two different suppliers provide the data.

The history of the Ripple’s price

Ripples or XRP’s are coins which focus on the financial industry. The developer of XRP token, a company named Ripple, tries to make transactions between financial networks more effective and tries to lower the transaction costs. Ripple is the company behind XRP. There is actually a difference between Ripple and XRP. In the past the token on the blockchain was also called Ripple, but they rebranded the token in 2018 to XRP (XRP). But most people still call the token Ripple. So the token is called XRP and the company behind it is called Ripple.

The first notation of the Ripple was mid 2013, when the value was € 0,004. It is therefore not weird to think that there are some crazy profits made by early investors.

During the crypto bull run in 2017, the XRP grew and was in December the second largest cryptocurrency in the world. The all-time-high was reached on the 4^th of January 2018, when it the XRP value was € 3,47. Just like other cryptos it stabilized after that.

The Ripple team owns a large part of the XRP in circulation, which they dump into the market regularly. Rumors are going around that the team may influence the XRP value by all their sell orders. Therefore, investors think that the price or XRP may never go up due to the large amount that is dumped.

Ripples technology is used widely. It is estimated that over one of a third of mayor banks uses their technology (note: not their coin, but their technology).

At the end of 2020, Ripple announced to start an IPO (Initial Public Offering), which could give the cryptocurrency market in general a massive boost. CEO Brad Garlinghouse announced this at the WEF (World Economic Forum) of 2020 in Davos.

Historical XRP prices

In the table below you can find the historical Ripple values in euro of the last week.

How is the Ripple value determined?

Every asset that is sold worldwide has a price determined by supply and demand. Cryptocurrencies are relatively new in this world, so the prices of crypto are heavily influenced by the news and market manipulation.

Ripple’s XRP is a fairly popular cryptocurrency, so the price of it closely goes together with the amount of news about this crypto. It’s therefore likely that when there is negative news about crypto, the XRP price goes down, just like Bitcoin and Ethereum. And the same is for positive news. The demand will go up and the prices will rise.

XRP price predictions

More and more financial experts advise to include cryptocurrency in your portfolio. Tom Lee is one of them, sharing his financial market expectations for the coming years in interviews with CNBC, CNN and MSNBC. Tom is very bullish about crypto and analyses that the amount of crypto in Wall Street portfolios rises every year.

This class of assets seems to have a bright future, but only time will learn.

What do you need to know about the XRP value?

An asset that only moves up to a half or one percent per day is a so-called defensive asset. It’s for people who prefer investing without a lot of risk. Cryptocurrency, and therefore Ripple, isn’t one of those. The Ripple price always moves a lot and is very unstable.

Because the crypto market is still a small and developing market, big investors like companies or early investors can give the market a huge shock when selling their XRP.

So, when you are a person who is panicked fast, the crypto market may just not be for you. Altogether, when investing in crypto, please expect high volatility and high risks.

And as we keep saying, never invest more money than you can lose. The success stories about investing in crypto are widespread, but sometimes media forget to highlight the dark side of investing in crypto. After all you can lose a lot or even all of your money investing.

How to invest in Ripple (XRP)?

Just like we did with the other popular cryptocurrencies, our knowledge vault is full of helpful information as well. Educate yourself here and make a well-researched choise about investing in Ripple.

For example, on this page you will see all reliable brokers to buy Ripple.

Be aware that investing in Ripple is a risky investment and you need to take care of your own risks in your personal situation.

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