RIPPLE TECHNICAL ANALYSIS (XRP US DOLLAR)
XRP/USD Chart
Fundamental Overview
Big Picture
THEMES AFFECTING Cryptocurrencies
SPECIAL YEARLY FORECAST
Ripple's XRP Price Forecast 2020: The glimpse of hope
|The bearish hostility across the cryptocurrency market leaves nothing but scarred faces in its wake. However, as they say, ‘it gets darker just before dawn.’ Besides, Ripple's XRP loss consolidation is beckoning amid sounds of the bullish train approaching the station. In other words, get ready, lest the train aiming for $1.00 in 2020 leaves the station before you arrive. Meanwhile, XRP’s recovery above $0.3 is imminent with a possible higher consolidation.
-
EUR/USD Price Forecast 2020: Lean times soon to turn into flush times for euro dollar
-
GBP/USD Price Forecast 2020: Pound may continue to fall on hard Brexit deadline
-
USD/JPY Price Forecast 2020: A journey from trade fears to high-stakes elections
-
AUD/USD Price Forecast 2020: May the aussie live in interesting times
-
USD/CAD Price Forecast 2020: Canada and loonie are well positioned but not in control
Latest Ripple Analysis
Editors' picks
BTC/USD sinks beneath 50-day SMA, is recovery to $10k a pipe dream?
Bitcoin price recovery above $10,000 is gradually becoming a mirage following continued losses that have eyed $9,000 since the beginning of the week.
Crypto Today: Bottomless 'pit' swallows Bitcoin and altcoins
Rampage has been the order of the day for three days in a row across the cryptocurrency market. Major digital assets such as Bitcoin, Ripple, and Ethereum have suffered greatly at the hand of the bears.
Ethereum Price Analysis: Is $230 ETH/USD’s last shot at a bullish reversal?
The bloodshed in the cryptocurrency market has started to send jitters among investors and crypto enthusiasts. The losses across the board remain vaguely unexplained especially with the Coronavirus fast ...
Litecoin Price Analysis: Wave theory projects price to move lower still
Cryptocurrencies continue to fall on Wednesday adding to a heaving start to the week already. Litecoin is one of the worst-hit currently around 11.5% lower at the time of writing.
BEST CRYPTO BROKERS/EXCHANGES
Bitcoin Weekly Forecast: BTC bulls plot the revenge
Bitcoin's market capitalization settled at $176 billion, which is 62.8% of the total digital assets market.
BTC
ETH
XRP
Characteristics of Ripple
Ripple is the third largest market capitalization strength in terms of cryptocurrencies. It was launched in 2012 as a decentralized free software payment system and under this name we find both the financial protocol for transfers and the cryptocurrency better known as XRP.
However, until 2016 Ripple did not obtain the necessary accreditation to operate as a cryptocurrency, ending up being fined the previous year with a sum of 700,000 dollars. Just one year after obtaining its license, its capital had amounted to 55 million dollars in part due to its acceptance and subsequent collaboration with banks such as Santander, Siam Commercial Bank, Royal Bank of Canada or UniCredit, among others.
The best times for trading cryptocurrencies for those that hate surprises
|Trading cryptocurrencies can be wild, but sometimes too wild. Traders of Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and all the rest need volatility
"The Crypto system is the largest arms race in decades" - Steven Hatzakis
|Today we open a new series of interviews with some of the most followed traders of the crypto community. We’ll start with Steven Hatzakis
5 most predictable cryptocurrencies
|The prices of cryptocurrencies change quite rapidly and can be wild. With high attention and trading volumes, patterns are emerging
Differences between Ripple, Bitcoin and Ethereum
Among the most outstanding features, the speed of transfer stands out because for every second a total of 1,500 transactions can be carried out while other cryptocurrencies such as Bitcoin and Ethereum only allow 6 and 15 respectively. Likewise, completing a transaction takes around 4 - 5 seconds while with Ethereum it takes 2 minutes and with Bitcoin, it goes up to almost an hour.
Due to the importance of Bitcoin today, Ripple has a payment gateway that facilitates payment between its users with these two cryptocurrencies without the need to have their own wallet with that currency. Despite using a similar operation that allows the connection with other cryptocurrencies, it does not work under the blockchain technology.
Another main difference with respect to other cryptocurrencies is the absence of mining. It’s not possible to generate new Ripple units this way. Right from its launch, it was agreed that the maximum number of Ripple would be at 100 billion units, although not all of them are in circulation at this time. Ripple units are being released by their creators periodically. In addition, it’s worth underlining that nearly 20% of the market cap is owned by its creators.