Ripple's XRP Rise! Also try to stay above $ 0.500 as it breaks the weekly downward trend



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Stealer title XRP

In recent months, XRP, the third-largest market-capged coin, and its team / company that supported it (Ripple)[labs] occupy the front of the scene without any mercy for other crypto-currencies. On Sept. 17, Sagar Sarbhai – the company's regulatory affairs manager for the Middle East and Asia-Pacific region – announced plans to launch xRapid:

I am very confident that in the next few months you will see good news come to where we will launch [xRapid] live in production.

Following this announcement, Ripple's XRP significantly increased its value against the US dollar on a daily basis, for a big dollar. Three times a week he was Ethereum's second well cemented position. At Swell, from 1 to 2 October, the team confirmed that its xRapid financial sector technology solution was already working to improve the efficiency of cross-border payments.

See also: Ripple CEO explains why XRP is better than BTC: "It's 1000 times faster and cheaper"

Then various pieces [Tron TRX, Stellar XLM etc] followed by the rapid movement of the coin, which tends to the resumption of prices after the beginning of September.

XRP / USD

Since the end of September, the general feeling towards the market has been negative because the values ​​are fighting to exceed the important levels. The current performance of XRP / USD in USD presents a quick pause over the 7-day downtrend that pushed the pair from 0.6100 to 0.5120 dollar.

Since sellers have a say in the top ten by market capitalization, it is currently difficult for the above-mentioned pair to make any changes despite being compensated.

Ripple XRP Investing

Source: coinmarketcap

It is recommended to see: the cryptographic price analysis category of the day.

This article is not meant to give financial advice. All opinions expressed in this document are those of the author and do not represent in any way the opinion of Ethereum World News or any of its other authors. Please do your own research before investing in one of the many crypto-currencies available. Thank you.

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