XRP News Today: Last week, XRP suffered the effect of the Bitcoin price correction. Its price fell significantly against the USD. It lost most of the gains it initially accumulated in May just like most cryptocurrencies the space. Two days ago, the price of XRP started to increase as buyers interest in the token picked up. According to our XRP news yesterday, this surge in the price of XRP was most likely due to the rumor about Ripple acquiring MoneyGram. This wouldn’t be a surprise as members of the cryptocurrency community are always quick to buy the rumor. On another note, the XRP price analysis on NewsBtc suggests that the interest of buyers in increasing because the XRP token is preparing for a bull run. So, is the price of XRP preparing for a bull run?
XRP Price Prediction 2019 – XRP News Today – XRP Latest Update – XRP USD Price Analysis – Traders Are Accumulating Bitcoin, Ethereum, And XRP
Before the end of the cryptocurrency winter, many cryptocurrency price analysts suggested that the Bitcoin bull run was imminent and that the entire cryptocurrency market was going to benefit from it. As soon as the price of Bitcoin started to recover and the cryptocurrency winter ended, everyone knew that it was only a matter of time until the prices reach their all-time high and even surpass it. The parabolic bull run is imminent and it’s nothing like what the cryptocurrency market has ever seen. However, no one is sure when it’s going to happen. When the price of Bitcoin surged above the $9000 level, analysts predicted that a rise above $10000 would kick start the bull market.
XRP (XRP) Price Today – XRP / USD
When the next bull run starts, Bitcoin isn’t going to be the only cryptocurrency that would experience a spike. In fact, a poll that was conducted on Crypto Twitter revealed that up to 50% of all the cryptocurrency traders in the space are interested in altcoin season. These investors are investing more in altcoins like XRP, LTC, and ETH than in Bitcoin according to the poll. This means that they believe the altcoin season is going to be profitable.
XRP News Today – XRP Price Prediction 2019 – XRP Prediction 2019 – Current Price Of XRP
At the time of writing, the price of XRP was $0.419199. This means that it is down by 0.70% against the USD and down by 0.66% against BTC. The trading volume over a 24 hour period is $1,486,924,212 and the market capitalization is $17,706,533,189. Even if XRP spent most of the day trading in green yesterday, it is now correcting lower but would bounce back soon. Before the end of trading today, the price of XRP is expected to go back into the green zone. If you’re thinking of investing, buy the dips and wait for the bull run to start before you sell. XRP is a good deal for a long-term investment because it has a strong foundation and multiple use cases. At its peak, XRP has what it takes to move as high as $1000 according to analysts.
What do you think about the XRP price prediction 2019 in our XRP news today? Is an XRP bull run imminent? Share your thoughts about it in the comment section.