Ripple price has enjoyed a strong bullish run so far this week. As of this writing, XRPUSD is trading around the $0.2000. Will it finally break resistance?
Ripple Price
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.
What is Ripple?
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.
Live Ripple Price Chart
In one of my recent articles, I wondered if Ripple price could hit 30 cents in the short term. It...
The Bitcoin Cash and Ripple prices are flying high today as part of the massive cryptocurrency rally. The BCH and...
Bitcoin, Ripple, and Ethereum prices attempted to bounce back during the Asian session as investors rushed to buy the dips...
Ripple price gives up some of yesterday’s sharp gains, but the bulls managed to pare heavy morning loses. Ripple has gained over 18% in the last four trading sessions
Reasons for a Bullish Bias on Ripple Price Although ripple price has been consolidating around the $0.2200 psychological handle for...
Ripple price continues to trade out on the back of hefty transaction volumes between whale wallets. One of these transactions...
Sign up to find out why Ripple price continues to struggle to break above the 25 cents mark.
Should We Brace for a Sell-Off on XRPUSD? After surging through the $0.3400 psychological handle, it seems that the rally...
Coordinated price pumps on various Telegram and Reddit groups are already pushing a massive recovery on Ripple price. However, it...