Ripple (XRP.X) is trading at $0.35, up 6% from yesterday. Ripple's price is forming a strong support base near $0.327 level against the US Dollar. What is Ripple's price forecast? Is it finally rebounding?
First, here are some fundamentals about Ripple. It is different from other crypto companies because it sells services to financial institutions. Ripple enables faster, safer and cheaper cross-border settlements, compared to other platforms. Its two services xRapid and xCurrent have the potential to revolutionize the financial industry.
Today, most of the top altcoins are more efficient or usable than Bitcoin. Ripple is venturing into Bitcoin's space as a base currency at a faster rate than other cryptos. Many leading exchanges such as DCEX and Unocoin in India have expressed their intent to incorporate Ripple as their base currency, and some have moved towards implementing it... finstead.com/bite/Ripple-price-analysis-prediction-august-7-2018
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.