Ripple (XRP) could be on the way to a new cycle as it managed to have an extraordinary correction.
Most investors, especially those who are not familiar with Ripple, will find it hard to believe that the third largest currency by market capitalization has fallen from $ 3.2 to the current level.
The XRP is now priced at $ 0.340861 on CoinMarketCap.
This large correction highlights the fact that XRP has managed to attract a lot of fast artists, but on the other hand, there are many investors who have recently appreciated the currency as a long-term investment.
These investors believe that it will eventually dominate the trillion dollars in the forex market.
The XRP is ready to start a new cycle  How and when exactly this will happen is not yet secure, but one thing is definitely clear: Ripple (XRP) has hit the bottom for now and is ready to start a new cycle.
The price of XRP was traded in a giant bullish model that extends all t The way it arrives at 2017 and this means that the crypt has had two major rallies over a period of about two years.
Most of the XRP trading period has been in red and even though the green days are smaller, they are much stronger. 19659002]
The number of XRP holders is one of the highest in the cryptosphere
This is also the main reason why there are so many XRP owners. The price of XRP could increase within a few weeks and then remain low for the rest of the year.
It is important to note that when we talk about XRP, the number of holders is the highest among all cryptic investors.  XRP has managed to reach the limit of its movement within a falling wedge and is now ready for an aggressive breakout that could mean the start of a new token event.
Previously, XRP has enriched new partnerships with many large financial institutions to exceed $ 3.
What XRP could do now is that it could reach that mark or even surpass it. However, on the whole, society seems to be in a strong position even if it faces a lot of legal problems.