Low trading volumes continue to crimp Ripple’s progress, driving the Ripple to USD exchange rate up 1.81% to near $0.182620. At the same time, XRP fell 0.75% against Bitcoin.

Only $20.57-million worth of XRP coins changed hands on Sunday, down from Saturday’s almost-as-bad $32.48 million. These simply aren’t the kind of trading volumes that drove Ripple up 2,639% earlier this year.

Traditionally, investors swap anywhere between $150.0-million and $500.0-million worth of Ripple.

However, China’s ban on cryptocurrency exchanges was a real shock to the system..

The post Daily Ripple Price Forecast: Low Volumes Haunt XRP appeared first on Profit Confidential.

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Daily Ripple Price Forecast: Low Volumes Haunt XRP