XRP is one of the notable digital currencies to have followed BTC toe to toe since the recent price upswing from April 2. Even before the April 2 date, the price of XRP had shown signs of bullish momentum. But due to volatility and other factors, the top asset class has experienced tough times in the past year and on a few occasions this year.
Hence, many are of the view that XRP hasn’t achieved its true potential on a global scale. A section of experts and crypto enthusiasts have shown disappointment on the performance of the price of XRP globally. Ripple has over the years, implemented models to ensure its native token XRP stays up among the top coins.
XRP (XRP) Price Today – XRP / USD
XRP Price Prediction: Ripple Shares Use Case of MoneyNetint to Push the Price of XRP – XRP Price Forecast
It is no secret that Ripple has been battling with ongoing rumors regarding its native currency failing to perform in the global crypto market. In a bid to kill this speculation and end the ongoing damage it is presenting to the reputation of XRP, Ripple, the firm has shared the use case MoneyNetint for XRP. MoneyNetint is one of Ripple’s strongest global partners. The goal of the initiative was to provide use cases for XRP through MoneyNetint.
This move has sent a clear message to those who fail to see the potential of XRP. MoneyNetint is a long-standing client of XRP that has propagated support for the coin. This recent move will hopefully impact the market trend and we can expect to see the price of XRP improve.
XRP Price Prediction 2019: The Price of XRP Could Reach $0.46 After Enjoying a Recent Surge – XRP Price Forecast
After the price of XRP surged to $0.46 last week, the current week began with a downward movement. As of May 25, the price of XRP was trading at $0.39 against the USD. With a market cap of $16,320,867,220 and 24 hour trade volume of $1,687,843,172. XRP also has a circulating supply of 42,116,677,673 XRP and an ROI of 6,486.11%.
XRP stands at number 3 among the largest digital asset by market capitalization according to CoinMarketCap. In the last 7 days, the price of XRP has moved between $0.42 and $0.36. XRP’s current price is reportedly dropping down before it will rise again in the coming weeks. In the last 7 days, there has been a 0.71% growth rate in the price of XRP against USD.
XRP Price Prediction 2019: The Price of XRP to Turn Bullish in the Long-term – XRP Price Forecast
From the chart highlighting trading for the XRP/USD pair, the current market position of the asset class has raised concerns for currency holders, and traders. The idea of selling the digital asset has been paused by some of them. While this is understandable, the price of XRP can show an upward trend in the next week.
The signs are obvious that it can potentially rise to $0.50 in 30 days. Buying XRP at the current rates can be a good proposition. But this shouldn’t be immediate, because crypto forecasting is highly unreliable and always doesn’t play out as predicted as market conditions may come into play. All in all the price of XRP can yield huge gains in the long term.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.