QUICK NAVIGATION :
- Ripple Price Today
- Ripple Price Fluctuations In The Previous Years
- Ripple Price Prediction 2019
- Recent Updates On Ripple
Along with Bitcoin and Ethereum, various other cryptocurrencies are currently trending in the market. Ripple’s XRP is also one among those top 10 cryptocurrencies. Is it worth to invest in Ripple? Definitely yes! But why?
- Currently, 55 billion out of 100 bln XRP coins are in escrow. This means it avoids the decrease in the Ripple price.
- Ripple aims to establish quick, safe and cheap exchange procedures all over the world.
- Ripple platform allows only the pre-approved participants to manage a node and verify XRP transactions.
Hence, Ripple accounts to be the fast, secure and versatile payment platform which allows transactions free from government intrusion and bank participation. The exchange fees also stays agreeable with 0.00001 XRP which is nothing in comparison to the cross-border payments.
Ripple Price Today
Currently, Ripple is on the 3rd position with a market capitalization of
$ 31.26 B and trading at $ 0.3126 resistance levels.
Ripple Price Fluctuations In The Previous Years
August 2013 was the time when Ripple first entered the crypto market. During that time Ripple was trading at $0.005882 resistance levels. As passed by the Ripple price started trading at higher rated. During March 2018, Ripple was trading at the rate of $0.697269, which was clearly 11,752.28 percent increase.
According to the Ripple price prediction 2017, saw a huge change as the rates reached an unbelievable value. During January 2017, XRP which was worth $0.06 reached to the highest value of $0.4 in May 2017. Also, the cost was around $0.25 in autumn which suddenly raised to $0.8 in December. The traders also had an experience of XRP reaching to a threshold value of $1.
January 2018 was a good kick start for Ripple as it was trading at $3.33 in the initial stage. But, in no time the price suddenly decreased to $1.89. Furthermore the year 2018 saw huge fluctuations in the price decreasing to even $0.3 by the end of the year. With South Korea and many other countries banning crypto, the total market cap has diminished.
Ripple Price Prediction 2019
With this volatile market, predicting the price for cryptocurrencies if quite difficult. To get more clear idea on the Ripple price prediction, let’s consider some of the imminent publications and personalities, and their statements regarding the Ripple price prediction:
Roman Guelfi Ripple Price Prediction
Roman Guelfi is one of the respectable crypto enthusiast and expert who believes Ripple will achieve bigger milestones in the year 2019. Explaining further he said, as the market starts observing huge invasion of projects, other cryptocurrencies may take a step back and XRP will sway above all.
Investing Haven Ripple Price Prediction
Investing Haven is a crypto prediction website who believes that 2019 is going to be a flawless year for Ripple. They predict that XRP might reach as high as $20 by 2019 as it believes XRP has the highest potential, amongst all other cryptos.
FXStreet & Express.co.uk Ripple Price Prediction
These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2019. This is an assumption based on the fact that Ripple is best Investment opportunity of 2019.
UsLifted Ripple Price Prediction
UsLifted, a crypto prediction website believes XRP would attain newer heights and might reach $22.79 with a circulating supply of 38,739,145,924 XRP by 2020.
Oracle Times Ripple Price Prediction
Recently, in one of their articles, Oracle Times mentioned that they predict that XRP might surge as much as 2000%. They also mentioned it could be possible only if Ripple becomes the best choice for cross-border payments by financial institutions.
According to all of these predictions, majority of the companies are sure Ripple will not reach $10. But, the price $5 is the realistic sum. Eventually, the value $5 will also represent 15x ROI which is actually great.
Recent Updates On Ripple
Ripple’s venture capital arm
Ripple is also planning to upgrade the technology behind cryptocurrency. According to the white papers which Ripple introduced, the first paper highlights the algorithm which is currently powering the platform. The 2nd White Paper highlights the ways in which the connectivity between different nodes is improvised. Switzerland’s primary stock exchange SIX could soon list XRP exchange-traded product [ETP].
Recently, Ripple has come up with Codius which is a platform that enables developers to write smart contracts and decentralized applications like Xpring, which allows people to invest in Ripple startups. Ripple may launch Cobalt in 2019 with the aim to decrease the transaction time from 4 seconds to 1 second.
Also, Ripple plans to distribute 2 billion tokens to the Indian economy. Ripple is all set to partner with more European and Latin American Banks. Eventually, this will help promote both XRP and Ripple payment technology.
Hence these major developments in Ripple may lead to higher prices in XRP token price. Also we hope that the Ripple price prediction will go in the positive way.