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 $ 31.73 B and trading at $ 0.3173 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
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.
Ripple Partners With Ria Money Transfer
Ria Money Transfer is now in partnership with Ripple to enable instant, blockchain-powered global payments. By joining RippleNet’s network, Ria can settle transactions with increased speed, transparency and efficiency also deliver a better experience to their customers.
The 2019 Q1 report of Ripple shows 0.32 percent of global XRP volume. XRP is now listed on around 120 countries. Ripple sold $61.93 million of XRP in institutional direct sales andaround $107.49 million of XRP in programmatic sales. The company sold total $169.42 million of XRP in Q1.
Top firms like PNC bank and Banco Santander embracing technologies which runs on ripple blockchain.
Ripple’s xRapid was honored at FastCompany’s 2019 World Changing Ideas Awards for making improve reliability and lower the cost of remittances in the developing world! Ripple Expanding its Offices in Singapore to Keep Growing XRP Coin’s Presence in the Region.
Ripple, the company behind the second largest altcoin in the market, is going for another integration announcement. The San Francisco giant’s Interledger system will now be linked with Coil via the upcoming Puma Browser.
Interledger ecosystem keeps growing! @html5cat announced a new privacy-focused web browser called Puma (@PumaBrowser). The browser integrates both @Interleder and @Coil to monetize content via streaming payments. One step closer to the Internet of Value. #IoV
On March 12th, Ripple and Forte revealed they will jointly invest $100 million in companies who make games based on blockchain technology and also leverage XRP as a settlement currency. Also in an interview, the Forte co-founder and COO, Kent Wakeford said it’s already in active discussions with more than 40 developers after attending the Game Developers Conference in San Francisco.
The Quora’s moderation team removed David Schwartz‘s comment. It is because the “joke” answer highlighted the level of censorship in centralized systems. With all this, the Ripple prices are under pressure and slowly dropping towards 30 cents.
Bitfi, which is a popular cryptocurrency wallet, announced that they would be adding XRP to its arsenal. Through a tweet the organisation announced,
You asked, we listened. XRP is launching in Bitfi soon. And no, it is not like Bitcoin, poses no threat to Bitcoin, & serves a completely different purpose. Let’s keep an open mind & make the entire community stronger. Spread the love
Trezor One is the original and one of the most trusted hardware wallet in the world. Trezor One gets an update to firmware 1.8.0, and Trezor Model T is updated to firmware version 2.1.0. Trezor Model
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.
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.