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There is still a lot of enthusiasm for Ripple and the price of their native XRP asset. This becomes more evident every week, as momentum continues to accelerate accordingly. In the past 24 hours, a bull trap has materialized. The price of the XRP was up 11%, peaking at over $ 0.06 then falling back to $ 0.56.
The price of the XRP price continues to increase
All crypto-currencies took a big boost earlier in the day. Virtually all markets were in the green, some currencies getting better than others. However, over the course of the day, most of these gains have been erased. With EOS taking a little weight and exceeding 4%.
One of the markets is getting a lot of attention lately. XRP. After starting a senseless rally two weeks ago, the price of XRP has doubled. Such a manifestation of positive market movements is very rare in the world of crypto-currencies and assets, although this may indicate that all markets will experience a strong fourth quarter in 2018.
As is always the case when it comes to these markets, there is enthusiasm among community members. An upcoming event is the SWELL conference, with President Bill Clinton.
Guys, who is ready ??
Show me a little support !!
BULL CLINTON?#XRP #xtrpthestandard #XRPcommunity #Ripple #crypto pic.twitter.com/0BpJKzxhnb
– JackTheRippler??? (@RippleXrpie) September 30, 2018
There are also people who firmly believe that XRP will overtake Bitcoin. Not by turning XRP into a real cryptocurrency, since this has never been Ripple's primary focus for this asset. Some people really expect this asset to reach a market capitalization higher than Bitcoin. By targeting the financial sector, there are many opportunities to explore.
#XRP not to exceed #Bitcoin pic.twitter.com/bzHs7YzzRi
– ??ROCKS?? (@Danrocky) September 30, 2018
Regarding the technical details, nothing prevents Ripple to increase faster next week. As long as the volume remains high and sales pressure remains low, FOMO will certainly push up Ripple's price.
Do you think Ripple's price will rise on Monday? Let us know in the comment section below.
Disclaimer: This is not an investment or trading advice. The above article is for entertainment and educational purposes only. Please do your own research before investing or buying a cryptocertecy.
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