XRP Price Analysis: XRP Price Is Back in The Green as It Sees an Increase in Buy Momentum

Ripple joins Blockchain Capital VC Fund with XRP investment worth $25 million price

XRP (XRP) has shown a great level of performance over the past months. While the digital currency doesn’t usually follow the trend of other digital currencies during crypto bull runs, XRP usually embarks on its price rally on its own. The digital currency is known for surging significantly higher when other digital currencies are trading in the red. The recent correction affected most of the top digital currencies in the market. The price of XRP was also affected. XRP plunged from the 44 cents level down to the 42 cents mark. However, with more bullish XRP news today and the return of digital asset investors to XRP, the price of XRP is now back on a recovery phase.

The short-term XRP price prediction 2019 is 50 cents. The digital currency has made several attempts to test that level over the past weeks. However, the holders of XRP and other digital asset investors believe that the price of XRP is going to skyrocket soon. Many have faith in the coin because of the efforts of its parent firm – Ripple.

XRP News Today: Ripple Pushes for XRP Global Adoption to Boost XRP Price – XRP Price Prediction 2019

Ripple – a cross-border payment processing firm based in San Francisco – has been working tirelessly to boost the global recognition and adoption of digital currencies, not only XRP. Th effort of the firm is gradually paying off. The firm has secured a lot of strategic partnerships all over the world. Some of its partners are top banks and financial institutions, some of them are already using Ripple’s XRP-based product – xRapid. xRapid is one of the platforms through Ripple aims to push XRP to the world, to increase the adoption of the coin. xRapid uses XRP to process cross-border payments, and some banks and financial institutions are already using xRapid to process the transaction. XRP is very fast and cheap when it comes to processing transactions, and that’s why it is attracting a lot of digital asset investors and partners.

Most of the coins in the market have been in a range bound over the past couple days. The price of Bitcoin (BTC) has been within the $9k and $9,400 mark. XRP price has also been within a tight range, hovering around the 40 and 45 cents level.

XRP Price Analysis – XRP Price Prediction 2019 – XRP USD Live Price – XRP Price Forecast – XRP News Today – Cryptocurrency Market Update

The price of XRP is gradually correcting higher after a slight downward correction yesterday. If the price of XRP continues with this trend, it is likely to hit the short-term XRP price prediction 2019. XRP price started yesterday around the 44 cents mark and surged over the 45 cents resistance level. The bears took control of the market and the price of XRP plunged by about 8 percent, bringing XRP price to $0.4288.

At the press time, XRP USD price is supported at the 43 cents mark. The immediate hurdle of the coin is at the 45 cents level. A break over this level will pave the way for more gains towards the 50 cent mark.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.261
-2.73%

At the press time, XRP USD live price is $0.434 after a decrease of about one percent over the past day. The current market cap of the digital currency is $18.44 billion. The trading volume of the digital currency over the past twenty-four hours is $1.38 billion.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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