That's almost a 184 percent jump. Even so, there are a lot of expectations regarding the Ripple price moving forward.
Yes, the "flippening" occurred with XRP and ETH, but that flippening has since been reversed, and XRP is back in the #3 position. There are a good number of reasons why XRP is struggling with its value. So far, no technical aspects could explain it, so CCN dug into the fundamentals instead. Investors seeking to trade XRP should first buy Bitcoin or Ethereum using an exchange that deals in USA dollars such as Changelly, Coinbase or Gemini. Decisive conclusions from the US Securities and Exchange Commission (SEC) or a confirmed launch of xRapid also played a part resulting in an injection of the much-needed capital yanking XRP prices from bear grasp.
The xRapid product is a real-time billing platform for accelerating global payments. xRapid is built for commercial purposes and is supported by XRP tokens. The price of Ripple has jumped an awesome 64 percent just the past day and this is on top of a week-long rally of more than 113 percent.
Some in the are associating XRP's gains with stating that Ripple's xRapid product - which uses the digital asset - could go live in the next month or so. The value began trending upwards just at the beginning of the next day's session, establishing a new intraday high towards $0.33990-fiat from the low of 0.26627-fiat.
Users can know accept XRP on youtube and Twitch through 'Coil'.
Ripple Labs is set to hold its Swell conference on from 1 - 2 October in San Francisco.
Stellar (XLM) traded 0.2% higher against the dollar and now trades at $0.21 or 0.00003245 BTC.
On Sept. 20, another Ripple-centric news that surfaced on the web was PNC-related. XRP is one the platform to transfer money around the world through RippleNet. The partnership, however, does not guarantee a boost in XRP adoption. Coil is a company owned by former CTO of Ripple, which will allow viewers to donate XRP to their favorite channel. It is reasonable to assume that future growth will thus depend on the adoption rate of xRapid and other Ripple products. Since then, the pair has corrected nearly 27 percent. The coin finished the session at $0.326, up from its opening level of $0.320. Considering how the $0.35 level seems to act as major resistance according to EasyMarkets, it will be interesting to see if XRP can successfully break that level or not.
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