Could XRP Dethrone BTC as #1 Cryptocurrency in 2019??

  • Amid another harsh cryptocurrency sell-off today, Bitcoin (BTC) is down roughly 20.02% month-to-date while Ripple (XRP) is up 5.48% month-to-date.

  • After XRP flipped Ethereum (ETH) last week to become the second-largest cryptocurrency by market capitalization, speculation is beginning to build surrounding whether or not it will do the same to BTC in 2019.

  • We believe that one factor driving XRP's strong November while the rest of the cryptocurrency market is sustaining heavy losses is its centralized nature. Because so many factors of XRP are controlled by the Ripple Company, investors do not fear the possibility of a hard fork or network division, fears of which have been exacerbated this past week amid the Bitcoin Cash (BCH) hard fork and hash war.

  • Investors may be fleeing to XRP because they actually believe it is a safer store of value than that of BTC... is this a trend that could continue?

  • XRP also benefits from consistently positive news sentiment as global banks continue to join the Ripple Network, the Ripple Company's cross-border payments platform that uses xCurrrent and xRapid. Will this continue to drive a bull market for XRP?

  • Quantamize's AI Machine Learning 3-Day Crypto Signal for Ripple (XRP) is "Do Not Own" with an accuracy rate of 63.47%.

  • Quantamize's AI Machine Learning 3-Day Crypto Signal for Bitcoin (BTC) is "Do Not Own" with an accuracy rate of 64.60%.

  • What do you think about the possibility of Ripple (XRP) flipping Bitcoin (BTC) for the spot as the #1 cryptocurrency in 2019? Comment below and let us know what you think, would love to hear everybody's opinion!
Bitcoin (Cryptocurrency)blockchainBTCUSDcentralizationcryptoCryptocurrencyFundamental AnalysisHarmonic PatternsqualitativerippleTrend Analysisxrp

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