The exchange rate of Ripple (XRP) against the Dollar (USD) has experienced several fluctuations over the past days, weeks, and months.
Investors keeping an eye on the cryptocurrency market are particularly interested in how Ripple’s value compares to the Dollar, as it can provide insights into broader market trends and potential future movements. Below is an analysis of how Ripple has performed against the Dollar across different timeframes.
Weekly Performance of Ripple Against the Dollar
Over the last seven days, Ripple has seen varied price movements in relation to the Dollar. On March 17, 2025, Ripple was valued at $2.35, marking a 2.50% increase from its previous level. However, by March 18, the price fell by 3.01% to $2.28. A notable spike occurred on March 19, when Ripple surged by 9.94% to reach $2.53 per XRP. This momentum was short-lived as the price fell to $2.42 on March 20, showing a decline of 4.61%. The downward trend continued with smaller losses on March 21 and March 22. However, on March 23, Ripple rebounded slightly, rising by 1.18% to reach $2.39 against the Dollar.
In total, the weekly movement has resulted in a net increase of $0.05, reflecting some positive momentum for Ripple in Dollar terms despite fluctuations.
Monthly Performance of Ripple in Dollar Terms
Over the past month, Ripple’s value against the Dollar has declined. On February 21, 2025, Ripple was trading at $2.56, but by March 23, it had dropped to $2.39. This represents a decrease of 6.94%, translating to a loss of $0.17 per Ripple in Dollar terms. This indicates a bearish trend over the monthly period, with investors closely monitoring further developments.
Yearly Performance: Ripple’s Long-Term Trends Against the Dollar
Looking at Ripple’s performance in relation to the Dollar over the past year, the cryptocurrency has shown significant growth. On March 23, 2024, Ripple was valued at just $0.62. Over the past 12 months, its price has surged by 74%, adding $1.77 to its value. This substantial appreciation in Ripple against the Dollar highlights its strong long-term performance despite short-term fluctuations.
Overall, Ripple’s movement against the Dollar showcases both short-term volatility and long-term gains. Investors and traders should keep an eye on upcoming trends to navigate market changes effectively.