The price of the Ripple (XRP) has been positioned in an area that touches the $ 1.56 without a major movement, it is an important number considering the minimums that have been found at the beginning of Monday of this week.
However, even the real price does not represent 50% of the price that XRP obtained at the beginning of 2018 when it reached maximums of $ 3.85.
Ripple XRP
$1,52
24H Range 1,48 - 1,63
0,00 / 0.00%
The token presents a 5% drop in the last 24 hours, this can be considered "acceptable" since from Tuesday 16 to Friday 19 it obtained a growth of more than 30% moving the XRP away from the bearish price of $ 0.89. I think the Ripple is on the right track and has demonstrated its strengths and strategy by signing alliances with companies like MoneyGram.
An interesting fact that has been emphasized in recent days is the new companies that will have alliances with Ripple. The company based in San Francisco, USA had mentioned that 5 large companies would join the system to use XRP in their transactions,of those companies it has known 3. In addition, the fourth one was recently unveiled, which is MoneyGram. But we still do not know which is that fifth company that will close deal with Ripple. This business alliance could bring a significant increase in the price of the XRP in the short term.
Although many Blockchain experts criticize the operation of the XRP, the fact is that Ripple has known how to choose its allies and has opted for conventional banking, which, although it has not been the most transparent in terms of economics, is the one that has the most strength at this time.
Currently Ripple (XRP) is available in most brokers, has its own PC purse and also the exchange fee is remarkably low compared to Bitcoin.
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