Ripple (XRP) Breaks Resistance, Shows Signs of Overtaking Bitcoin in the long haul

2018-12-18 21:27

Ripple XRP which seems to have been on the hold since is now breaking out of the resistance against the dollar. Formerly at $0.2850, it’s now traded above $0.3 at press time and is likely to continue. XRP is one of the first cryptos yesterday to break out of the hold of the bearish market, resisting against the dollar.

There are serious indications that XRP could do better than other cryptos after the vestige of the bearish market. Ripple has gained more partnership by signing on so many banks and other financial institutions on its network. This reveals Ripple’s zeal to pursue the purpose of institutional adoption as proposed by the CEO, Brad Garlinghouse.

According to a report by CNBC, Ripple CEO said he expects dozens of banks to join the network before 2019;

“I’ve publicly stated that by the end of this year I have every confidence that major banks will use XRapid as a liquidity tool,” Garlinghouse told CNBC in an interview at the Money 20/20 Europe fintech conference in Amsterdam, Netherland, that aired on TV on Tuesday.”

Bitcoin may be a leading cryptocurrency, but Ripple’s XRP has very good potentials to beat the number one digital asset in the nearest future. Bitcoin doesn’t seem to have much control over the blockchain technology, but Ripple XRP is linked to some blockchain-based decentralized tools like xRapid which increases its usability.

Ripple’s decentralized financial tools, which are linked to work in handy with XRP, positions the token to be used by many institutions that are of interest on the Ripple platform. This paves way for the XRP to ride higher.

The post Ripple (XRP) Breaks Resistance, Shows Signs of Overtaking Bitcoin in the long haul appeared first on ZyCrypto.

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Ripple (XRP) на Currencies.ru

$ 0.5116 (+0.87%)
Объем 24H $1.059b
Изменеия 24h: 0.47 %, 7d: -2.66 %
Cегодня L: $0.4973 - H: $0.5173
Капитализация $29.091b Rank 7
Цена в час новости $ 0.3328 (53.73%)

xrp ripple resistance hold out overtaking breaks

Источник: zycrypto.com

xrp ripple → Результатов: 126


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Фото:

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A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

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Ripple переместили 150 млн токенов XRP

Команда финтех-стартапа Ripple, стоящего за токеном XRP, перевела около 150 мдг XRP из своих резервов на различные криптокошельки. Суммарная стоимость переведенных токенов XRP составляет примерно $66 млн.

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Ripple (XRP) has unveiled a development that aims to expand the reach of XRP and unlock new opportunities in the realms of decentralized finance (DeFi) and real-world assets (RWA). The introduction of the XRPL EVM Sidechain brings Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger, enabling seamless interoperability between the two ecosystems.

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