As the days go by, digital currencies are drawing close to mainstream adoption. Global recognition and adoption is the fundamental goal of almost every cryptocurrency project in the crypto space. One crypto project that has been doing everything it can to achieve this goal is Ripple. Ripple is a San Francisco-based blockchain startup, and the native currency on the Ripple network is XRP (XRP).
XRP is the third largest digital currency in the world by market cap. Ripple has been pushing for the global adoption of XRP. This is a goal that would have a significant impact on the price of XRP in the long run. The firm has not slowed down in its fight for XRP global adoption and there are more bullish XRP news that are contributing to this goal. The latest bullish XRP news is the soon-to-be- inaugurated European Central Bank President.
XRP Price Will Respond Positively as the New ECB President Comes Onboard – XRP Price Prediction – Best Cryptocurrency to Invest in 2019
XRP price has been in a range over the past week. At the press time, the price of XRP is around the 40 cents mark. Nevertheless, the price of XRP might skyrocket soon due to some changes in the global financial network. Christine Lagarde – the managing director of the International Monetary Fund (IMF) – will be replacing the President of European Central Bank (ECB) – Mario Draghi. Draghi has done a great job and he has proved his bravery by healing the sick European economy.
However, Lagarde will be like rain in the summer. Christine Lagarde is an outspoken, open supporter of digital currencies, especially Ripple’s XRP. She has also been seen advising banks that use the products of Ripple on several occasions. Lagarde is a very important icon in the financial sector and this bullish move seems favorable to the crypto industry, especially XRP (XRP).
Lagarde’s Support for XRP (XRP) Will Boost Its Price and Adoption Enormously – Best Cryptocurrency to Invest in 2019 – Cryptocurrency Market Update
Lagarde’s support for XRP is a big plus for the digital currency as well as its parent firm – Ripple Labs. This could be a significant step for the digital currency towards mainstream adoption. Ripple has been enjoying positive relations with top firms, banks, and individuals all over the world and the firm also has supporters from the White House. Cory Johnson confirmed this when he said that the management of Ripple is having constant communication with officials from the Trump administration.
The price of XRP (XRP) could greatly benefit from this bullish XRP news today. When Lagarde finally comes onboard and continues her support for the digital currency, XRP price will head to the moon.
XRP Price Analysis – XRP Price Prediction 2019 – Best Cryptocurrency to Invest in 2019 – XRP USD Live Price
The digital currency market is currently surging higher with Bitcoin (BTC) close to the $13k level. XRP price is also trading in the green. At the press time, XRP USD live price is supported at the 39 cents mark. On the upside, the immediate hurdle of the coin is at the 41 cents mark. XRP USD live price is $0.4047 after an increase of about three percent over the past day at the time of writing. The current market cap of the digital currency is $17.18 billion. The trading volume of XRP over the past twenty-four hours is $1.41 billion.