Ripple’s XRP Reclaims Third Spot From Tether Following Monster Surge

Ripple’s XRP Reclaims Third Spot From Tether Following Monster Surge
фото показано с : zycrypto.com

2020-7-29 20:21

The price of XRP, the native cryptocurrency of Ripple’s network appreciated significantly over the last 24-hour trading cycle to reach $0.24 a coin — the highest level since March. XRP’s rally comes at a time when other cryptocurrencies are rallying amidst a market resurgence.

The impressive rally has seen XRP taking back the third spot from Tether (USDT) stablecoin.

XRP Bulls Aim For New Yearly High

Earlier in the day, XRP surged over 10% to hit $0.24. This level was last seen in March before the coronavirus-fuelled meltdown. In comparison, bitcoin rallied a modest 0.58% over the same timeframe and ethereum gained 1.23% against the US dollar. At press time, however, XRP has retraced slightly to $0.2387.

XRP, the now third-largest cryptocurrency, has gained 16% on a weekly basis as its monthly gains amount to 35%. Interestingly, this makes XRP one of the best performing digital assets in the crypto markets this month.

XRP’s bullish breakout comes as bitcoin continues its uptrend after recently jumping above $11,000. While XRP was late to the party in this recent rally, the digital asset seems to be coming alive.

In general, it appears that most top ten cryptocurrencies are finally breaking out of their long-term downtrends. Combined, cryptocurrencies currently have a total market cap of 328 billion. 

What Lies Ahead For XRP?

Despite the recent rally, XRP is still the worst-performing large-cap crypto this year so far. While bitcoin has gained over 52% since the beginning of the year, XRP is up by only 23%. Even more outstanding is Cardano’s (ADA) over 320% yearly gain on the back of the long-awaited Shelley upgrade.

An analyst has noted that XRP bulls need to “step up the gas” or risk a steep correction.

$XRP BTC Pair

Now that the daily demand got retested can we finally send it out of this range? 2400 is such a tasty target for now. With the USD Pair looking like it does and the retest XRP saw on the BTC Pair I think it's time for it to step on the gas. Otherwise -> 1500 Sats pic.twitter.com/Uylo5HaSLC

— Smokey (@TraderSmokey) July 28, 2020

In the meantime, investors should look out for the 0.2400 level. Defending this level with an iron fist will invalidate the bearish outlook, as TraderSmokey suggests.

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Ripple (XRP) на Currencies.ru

$ 1.5351 (-1.55%)
Объем 24H $19.235b
Изменеия 24h: 10.46 %, 7d: 46.34 %
Cегодня L: $1.4475 - H: $1.6124
Капитализация $87.497b Rank 6
Цена в час новости $ 0.2431 (531.47%)

xrp ripple rally comes march level coin

Источник: zycrypto.com

xrp ripple → Результатов: 126


Фото:

XRP выросла на 20% после встречи гендиректора Ripple с Трампом

Американское издание FOX Business сообщило, что генеральный директор Ripple Брэд Гарлингхаус встретился с избранным президентом США Дональдом Трампом. На фоне этой новости криптовалюта XRP выросла на 20% — до $0,9842.

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Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

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Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

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.

2024-8-29 23:45


Ripple начинает тестирование своего стейблкоина на Леджере Ethereum и XRP

Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

2024-8-10 01:38


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.

2024-7-11 08:47


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