|Brief||Ripple is a centralized and premined cryptocurrency. Founded in 2012 the Ripple company has created RippleNet, a blockchain platform for global payments.|
|Last updated:||Wednesday, November 13, 2019 3:57:04AM UTC|
|Current price, USD:||0.272|
|Current price, BTC:||0.0000311|
|Market capitalization, USD:||11 795 736 801|
|Available supply:||43 298 481 757 XRP|
|Volume 24 hours, USD:||1 327 478 597|
General XRP facts, technical details and general information about XRP crypto currency
Ripple is a centralized and premined cryptocurrency. Founded in 2012 the Ripple company has created RippleNet, a blockchain platform for global payments. Its token Ripple (XPP) is now one of the fastest growing digital assets and has the 5th largest market cap. The number of coins is limited to 100 billion XRP that are already built into the protocol, so they can’t be mined like Bitcoin. Inside the Ripple network, ordinary money (dollars, euros), and other coins and precious metals can be used. The main advantage of XRP coins is that the Ripple network can work directly with banks and corporations that control global financial flows. The rise of Ripple is driven by belief that in the XXI century the speed of financial transactions should be the same as the speed of information exchange. The modern level of money transfers from country to country, and between banks and organizations, is characterized by low speed and endless verification processes that can last several days. The Ripple system is working to accelerate all financial transactions and can already make money transfers within a few seconds.
We list daily XRP historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 04||0.292||0.292||0.3||12 972 213 688|
|Nov 05||0.301||0.299||0.302||13 032 557 789|
|Nov 06||0.299||0.299||0.31||13 414 466 253|
|Nov 07||0.313||0.289||0.313||12 647 080 586|
|Nov 08||0.291||0.275||0.291||11 973 816 438|
|Nov 09||0.278||0.277||0.281||12 115 974 754|
|Nov 10||0.280||0.279||0.283||12 128 558 161|
|Nov 11||0.280||0.273||0.281||11 911 973 416|
|Nov 12||0.276||0.272||0.277||11 795 294 866|
|Nov 13||0.272||0.272||0.272||11 795 736 801|
|XRP price change 24 hours||-1.08%|
|XRP price change 7 days||-9.54%|
I don't agree with people who complain about XRP's poor performance. Sure, it hasn't been showing some impressive gains over the last few months, but the price action of that coin allows traders like me, who trade on the 15-minutes/1-hour time frames for pocket some nice profits. Just looking at the current charts: XRP is recovering from the recent 20% dump much stronger than Bitcoin, so perhaps the skeptics are just being bias.
XRP is has been quiet lately, and not in terms of announcements or partnerships, but in the sense that traders are overlooking it for other options. At the moment we can expect XRP to continue its decline since there is no real reason to hold onto its asset. There will be a time to re-accumulate XRP in the near future, but not right now. Even alts like XLM - which is a hedge for XRP, is on the way down as well. Most large TA groups are calling for a significant drop in value for XRP as BTC continues its bullish movement.
XRP has once again fallen and is hovering roughly 30% from its ATL. This is crazy to think about since XRP is being actually used by real banks.It’s already completed its pilot phases and is being used to transfer client’s funds around the world. Although XRP isn’t as vocal as they should be (like XLM and IBM), they’re still getting loads of work done for the entire crypto space. XRP used to be hated amongst most in crypto, but now they are seen as a guiding light. These prices surely won’t last, and there’s no better time than now to buy boatloads of XRP.
Ripple is not going to make the huge gains evereyone thinks they are going to. Although they’ve basically been declared “not a security” because of the CB listing, we can’t assume that the SEC will see it the same way. I truly don’t believe XRP is done correcting, as it had a very positive time during the bear market. It’s up significantly from 6 months ago, so you really need to take this with a grain of salt when viewing the price. Zoom out and look at the 1 week charts, it’s not going up from here- but down.
Basically, XRP has been declared not a security. This is as bullish as it gets from Ripple, since it's been claimed to be a security for the last year. Coinbase listed them, and CB is one of the most, if not the most, regulated crypto exchanges out there. The statement they made from listing XRP echoed across all platforms and crypto communities. Not only does it mean that XRP isn't a security, it means it will be more appealing to retail investors that were scared away by the potential actions by the SEC.
We publish the most accurate XRP Forecasts and News including crypto industry experts' opinion on a daily basis
XRP continues to occupy the third spot on the list of largest cryptocurrencies by market cap, with its current market cap sitting at $12.5 billion. Meanwhile, the coin also sees quite a lot of use...
XRP may not be the coin with the highest price in the crypto market, but it is certainly a coin with one of the largest market caps out there. The third-largest crypto has a low price...
XRP price has seen quite a lot of activity in 2019, both positive and negative. After reaching its ATH on January 4th, 2018, the XRP price crashed, and barely a month later, it was already below $1. By mid-2018, it reached...
The main cryptocurrencies on Monday are slightly decreasing in price against the background of a number of negative news for XRP. In particular, the Central Bank of Singapore...
XRP showed a very negative start to 2019. While Bitcoin triumphantly returned to bull territory, XRP has fallen by 16%. The third largest...
Many crypto enthusiasts argue that Ripple and XRP are fundamentally different things with a minimum of common features. It is obvious that cryptocurrency investors should distinguish between Ripple...
The trend yesterday was bearish, with sellers pushing the token below $0.3000, but the bull traders stood their ground at the $0.02980 support level Which was a weekly low...
Bitrue cryptocurrency service added basic XRP token pairs with Basic Attention Token, DASH and STORM. This is quite good news for cryptocurrency, since the emergence...