Following last week’s correction, the Ripple price has been glued to the spot, spending seven days grinding sideways above $1.000....
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
Ripple price remains above the crucial support zone of $1.0000 even after the over 16% decline earlier on Friday. Since...
Ripple price has bounced back above the crucial support level of $1.0000 after Tuesday’s intense selloff. In the previous session,...
Ripple price is attempting to break the resistance at $1.2000 after pulling back from Tuesday’s high. Despite the high volatility...
The Ripple price is hemmed in by strong support below and robust trend line resistance above, and something’s got to...
The Ripple price jumped above a key resistance level as the momentum in the cryptocurrency industry remained. The XRP coin...
Cryptocurrencies have eased in today’s session after dropping in the previous one. The trend is observable in Ripple price as...
After spending most of the summer struggling, the Ripple price is making waves again. In the last four weeks, XRP...
Ripple price is trading along the psychological level of $1.0000, which has been an evasive one since early June. According...
The Ripple price is up for three consecutive days as investors reflect on the positive news about the ecosystem. The...