Ripple Price Forecast and Analysis – September 11, 2017

In the last 24 hours, XRP prices jumped roughly 6.57% against the U.S. dollar and near 4.77% against Bitcoin to reach a level of around $0.217847. It was a happy reprieve from the weekend bloodshed in cryptocurrency markets.

None of the previous Ripple news—much of it bullish—could quell the market reaction to China’s banning of initial coin offerings (ICOs). Upon hearing that the world’s largest market would audit or close certain exchanges, investors responded with panic and doubt.

Despite this, Ripple prices are up approximately 6.02% from seven days ago,.

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