Is XRP the best cryptocurrency to invest in 2019? Some digital asset investors don’t think so. The digital currency market is highly competitive. While cryptocurrencies are competing among themselves, they also have the bears to contend with. Many digital currencies in the market have been putting up a pretty strong show, working towards mainstream adoption to increase the value of their coins. While some are focused on global recognition and adoption, some are just focused on price. However, XRP (XRP) is one digital currency that has focused more on mainstream adoption, recognition, and use cases. This has made its XRP price prediction more positive than ever.
XRP (XRP) Price Today – XRP / USD
The recent price trend in the digital currency market has got many analysts and digital asset investors talking. The price of XRP and other digital currencies recently surged enormously and tested new highs. XRP price even surged towards $0.50, but it was stopped on the way. The bears showed up after this massive rally and pushed the prices of digital currencies down again. Some digital currencies lost more than 15 percent over their values as a result of the bears.
XRP News Today: Does XRP Still Qualify As One of the Best Cryptocurrency to Invest in 2019? – XRP Price Prediction
Despite the recent XRP USD price trend, XRP still remains one of the best cryptocurrency to invest in 2019. Some digital asset investors are not pleased with the digital currency because it is still below their expectations. Much is being expected from XRP because of the bullish XRP news, XRP price prediction 2019, developments around the project, as well as the effort of its parent firm – Ripple.
Ripple has been solidly behind XRP (XRP) since its emergence. XRP is the native currency of Ripple. However, the firm has said that both entities are independent. Ripple is more focused on the mainstream adoption and recognition of XRP. The firm has partnered with a lot of financial institutions and banks across the globe. Ripple has several products, which its partners are already using, including xRapid.
Why the price of XRP is not what many digital asset investors are expecting is because Ripple is more concerned about more use cases for the coin. The reason is that an increase in the use cases and adoption of the coin will result in scarcity of the coin, which would definitely push the price of XRP higher. However, the effects of these moves are not seen at the moment. But in the long run, the price of XRP will definitely respond to these bullish moves and XRP news. XRP has not lost its position as one of the best cryptocurrency to invest in 2019. The digital currency is still very much in place, even the current XRP USD price doesn’t tell the full story.
XRP Price Analysis – XRP Price Prediction – XRP USD Live Price – XRP Price Forecast – XRP News Today
XRP USD price recently had a range bound over the 40 cents mark. The price of XRP has been within that range over the past couple of days. XRP USD price plunged to that level after a sharp sell-off earlier this week.
At the moment, XRP is facing hurdle on the upside at the $0.41 mark. XRP USD live price is $0.4019 after an increase of less than one percent over the past twenty-four hours. The digital currency is currently supported at the 40 cents level. to break over its immediate hurdle, XRP needs to hold gains over this level.