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In the midst of a decrease in the cryptocurrency market, the undulation XRP [19659005] is struggling to record earnings. Although its market performance on Wednesday was not as negative as most of its peers, the currency continues to lose against the US dollar. Only in the last seven days, the digital asset has seen its value fall by around 15%.
XRP / USD
Initially the crypto had found support at $ 0.256, after which it attempted post-earnings. However, the broader gains have been limited by intense sales pressures seen in the encrypted market. Currently, virtual currency is facing resistance at $ 0.261. The currency is exhibiting a short consolidation phase at the moment.
The MACD, at the time of writing this article, showed that the mess was exchanged with a bearish moment. The 100 EMA line indicated that the currency was falling. The virtual resource showed a significant trading interval of $ 0.253 – $ 0.265. Starting from 1303 GMT, the digital currency had slipped by 1.1% against the US dollar to trade at $ 0.261.
XRP / BTC
At the time of writing, the token was decreased by 0.8 percent less than BTC. At present, an XRP is equivalent to about 0.000042 BTC.
XRP Price Forecast of Ripple 2018, 2020
- Ripple Coin News predicts that cryptography could rise to around $ 8- $ 10 by the end of this year. However, the Economic Forecasting Agency has predicted that the price of money will fall by the end of the year due to "technology partnerships that do not meet promises".
- According to Smartereum, experts believe that the digital asset could rise up to $ 200- $ 300 in ten years. Megacryptoprice predicts that the coin will hit $ 6.14 by the end of next year.
Ripple XRP updates
- XRParrot is offering a fast and secure XRP conversion to Ripple. This new website will help users to easily purchase and sell the token for the Euro. In the future, additional features will be added to support other legal currencies.
- Ripple's XRP can save time and money for banks and financial institutions, according to a report by the Royal Bank of Canada. Ripple, with or without its digital resource, can save banks an average of around 46 percent per payment. The bank believes that the blockchain addresses the weaknesses of the remittance industry by reducing costs, intermediaries and increasing transparency
See also:
Ripple and XRP can save banks on average 46 % for payment: Royal Bank of Canada
The fast and safe conversion of Ripple XRP into Euro is now possible with XRParrot
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