In this section, you will find important Ripple price news, actionable trading ideas, and a live XRPUSD chart to help you understand the markets better.
Ripple or XRP is a digital currency created in 2012 as a standard of exchange on the Ripple payment protocol. XRP was mainly built for corporations to use as it aims to be a fast, secure and cost-efficient cryptocurrency for sending money around the world using blockchain.
Financial institutions and payment providers can use XRP to reduce their transaction costs and enter new markets. XRP exists within the Ripple Payment and Exchange Network and can be used for transactions between traditional currencies such as USD, EUR, GBP, and other cryptocurrencies through the RippleNet payment network. A major difference between Ripple and the other major cryptocurrencies is that the XRP is not mined. There is a fixed stock of 100 billion XRP controlled by Ripple Labs, the company that created XRP.
XRPUSD is a pair that shows how many US dollars it costs to buy one XRP. The XRP price at the time of writing was $0.399672 with a market capitalization at 17 billion dollars which made it the third-largest cryptocurrency after Bitcoin and Ethereum.
Ripple price has declined from above 1.50, where it formed three higher lows – a sign of a reversal pattern. Whenever the technical picture shows three higher lows, it suggests a triangle as a reversal pattern just ended. The problem for Ripple bulls is that such triangles form at the […]
The Ripple price has given back its earlier gains and back below $1.00 following a no-confidence vote from its co-founder. Last price: $0.9419 -$0.2616 (-2.71%) Weekly performance: +3.55% Market Cap: $43.38 billion Weekly range: $0.8651 – $1.1059 It’s been a mixed bag for XRP over the last week. Several attempts […]
The Ripple price is wavering today as traders look for more information about the ongoing SEC lawsuit against Ripple Labs and its leaders. The XRP is trading at $1.0365, where it has been in the past few trading sessions. It is also about 58% above the lowest level on May […]
At the start of the previous month, Elon Musk, the CEO of Tesla, has triggered a massive selloff in Bitcoin and other cryptocurrencies. He stated that Tesla will now not accept Bitcoin for the purchasing of its vehicles, and so the price of Bitcoin collapsed from above $60k to $30k, […]
Ripple price surges this Monday after Ripple CEO Brad Garlinghouse revealed that the project could go public once its case with the SEC was over. Garlinghouse made these comments at Consensus 2021, where he also said that the company first discussed plans for the public listing in early 2020, but […]
XRP price has failed at $1.0000 for the third time in as many days. Does this mean the rally has stalled or will Ripple finally break higher? In line with much of the altcoin market, the XRP price around -70% of its value between the 18th and 23rd of May. […]
Ripple price is up 6.99% as of writing, as the cryptocurrency market resumes a gradual recovery from last week’s massive crash. Ripple price correlates with that of the BTC/USD, and traded higher as Bitcoin prices topped 40K on Wednesday. This upside move comes despite the US Security and Exchange Commission […]
The Ripple price has not been left behind in the ongoing cryptocurrency sell-off. The XRP is trading at $0.8100, which is 24% above the weekend low of $0.6535. It has a market capitalization of more than $36 billion, which is substantially lower than the all-time high of almost $70 billion. […]
The Ripple price recovery is fading fast. XRP has not only reversed Friday’s rally but looks in danger of going even lower. XRP was still recovering from one crash when it was hit with a second, and more violent wave of selling. The Ripple price had been on a tear […]
The Ripple price has struggled even as other digital currencies have staged a major recovery following the crash on Wednesday. The XRP is trading at $1.1418, which is 38% above the lowest level on Wednesday this week. Still, it is about 10% below the highest level yesterday. It is also […]