Why XRP’s Market Performance Is Woeful When Compared To Bitcoin And Litecoin

ripple xrp price analysis

XRP News Today – XRP is the cryptocurrency or a form of digital asset that is used by the Ripple payment network, established in 2012. In ripple news today, the crypto price of XRP is set at $0.0330405. From a statistical point of view, the XRP coin has not exhibited exponential growth in recent times. This coin price is up to 3.6% in the last 24hours. The current trading volume recorded for this coin is $1.257 billion. The market cap of Ripple is Market Cap $14,157,565,318, in XRP news today. Although it is apparent that the organization itself, its major stakeholders and its main owners are making huge amounts of profits, the XRP price has not demonstrated any sharp growth in the last two years. Regardless of this fact, there is still a steady growth in supply as more and more supplies are dumped in the market. There are 42,832,704,971 XRP tokens currently in circulation.

XRP News Today – XRP Price Prediction – XRP Price Analysis – XRP Vs Bitcoin and Litecoin

By a large margin, Bitcoin and Ethereum are the most popular cryptocurrencies on one of the most celebrated exchanges in the world. Still, Litecoin is that which HODLers seem to seek for in the long run. The price of Litecoin is currently set at $100.8, going past the $100 level almost in record time. Although it is expected that it will show more resistance at $107 region. The total price of Litecoin had a short bust of 0.79%. Litecoin has a total market cap of $6.279 billion with its trading volume recorded at $3.988 billion.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.00-0.80%

There are currently 62,741,762 Litecoin tokens in circulation. Thousands of people are eagerly waiting for the halving of Litecoin, which is billed to take place in August. According to some reports, cryptocurrency connoisseur, Justin Sun will meet Warren Buffet for grand dinner in America. This is in a bid to change his perception of cryptocurrency. Warren Buffet is a well-known critic of cryptocurrencies. This is one of the latest cryptocurrency news today.

In Bitcoin news today, the big coins are weakened in the market this is happening because sellers’ activities usually increase on weekends, causing the prices of a few big coins such as Bitcoin to experience a shrink. One Bitcoin is currently valued at $10,605.42. The price went up by a negligible 0.6% and its trading volume today is set at $20.815 billion. The total market cap of Bitcoin may soon climb above the $190 billion-mark.

Pompliano, founder of Morgan Creek, in his Bitcoin prediction for 2019 said that Bitcoin will not experience any major growth. Instead, its price might go as low as $3,000 and may likely continue in that trend starting from 2019. He stressed that Bitcoin prices are on a decline because the fundamentals are becoming stronger. Hence, there is no need to freak out.

Pompliano, founder of Morgan Creek said that Bitcoin isn’t going anywhere. He stated that BTC might go as low as $3000, after which it will continue being bullish starting from 2019 and that happened likewise. He enunciated that there is no reason to freak out on the declining price as Bitcoin’s fundamentals are becoming stronger.

According to a tweet by Sam Doctor in his Bitcoin prediction for 2019, he is quite certain that mining costs would have a reducing effect on Bitcoin prices. The subsequent breakeven cost growth can suggest a Bitcoin price increase of about $36,000 by the end of 2019.

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