QUICK NAVIGATION :
- Ripple Price Today
- Ripple Price Fluctuations In The Previous Years
- Ripple Price Prediction 2019
- Our Prediction
- Recent Updates On Ripple
But, now you might be wondering about the right time to invest in Ripple, also if it is worthy to invest in Ripple, and also what will be the impact of investing. Calm down! As Coinpedia is here to answer all your doubts about investing in Ripple.
Definitely it is worthy to invest in Ripple! 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 $ 26.28 B and trading at $ 0.2628 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.
Basically, Ripple is known for its technology known as RippleNet. RippleNet is a bank-to-bank payment system where cross-border payments are made instantly, which was able to attain a lot as compared to the previous year.
For the year 2019, the technology aims to expand to many more countries. It also has a target of doubling the market inflows. When 2018 is considered, the market flow value was $2 million and currently Ripple is working on creating double market inflows.
A series of experiments are expected to be implemented in the year 2019. Like institutional money flowing to XRP token, it’s continued and steady growth to reach its unique network effect. Suppose if these advancements are successful, then nothing on earth can stop Ripple from reaching the heights of $2 by the end of 2019.
Recent Updates On Ripple
Ripple-Powered SBI App
SBI announced the 4 major Japanese Banks, Awa Bank, Kita-Nippon Bank, Daisan Bank and a fourth, as-yet-unnamed bank invested in the Ripple-powered MoneyTap app for smartphones.
Ripple received An “A” Grade
Ripple’s success is mainly because of the xRapid and MoneyGram partnership. Also, Ripple’s developer behaviour metrics received 7.1% spike with its partnership with MoneyGram.
Xendpay & Ripple Partnership
Xendpay is a UK_based remittance firm who partnered with Ripple. Through this partnership, Xendpay can now enter new markets like the Philippines, Bangladesh, Malaysia, Vietnam, Indonesia, and Thailand. RippleNet supports So called “smaller currencies,” including the Malaysian ringgit or Bangladeshi taka, formerly required Xendpay to form local banking partnerships.
PDX Coin To Use Ripple’s xCurrent &XRP
A new energy-backed cryptocurrency dubbed PDX Coin has indicated to use Ripple xCurrent and XRP via xRapid. PDX says it may license and make use of Ripple’s “xCurrent”. This is efficient for universal inter-bank rapid messaging to achieve global transfers and payment for seamless and fast transaction.
Ripple Unveils Its Mobile Banking Application
The newly designed app of Ripple is called Xing. This app was unveiled at a community event, Bitrue in Amsterdam. The aforementioned app is a complete mobile banking app which operates without the intervention of any financial institution for storing and spending Dollar, Euro, XRP, and other currencies.
Ripple Exchange Wallet Carries Out 9 Billion XRP Transactions
Whale Alert, alerted the community of, 14 XRP transfers that took place from Ripple to multiple unknown wallet addresses. Whale Alert identified the sender’s wallet address, r9wz7EgGgMpvYqUHxVnaLhwsxohiQBcJkp, to be Ripple [Exchange]. Out of the 14 transactions, two transactions were large XRP transfers within the Ripple wallets.
SBI Plans The Launch Of Ripple Powered ‘Money-Tap’ App
SBI Ripple Asia, has launched a “demonstration test” of in-store payments using its Money Tap app. SBI said using the app for in-store payments will bring about a “merchant settlement service that combines convenience and security.”
RippleNet Mobile Payments
RippleNet supports innovative mobile applications for Al Ahli Bank Of Kuwait. It supports the mobile payments from Kuwait to U.A.E.
Ripple Supports Forte Platform
Companies like Forte and Animoca are willing to use Blockchain technology to allow players to trade and other in-app purchases. Ripple announce its support to the Forte Platform through Xspring.
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.