RIPPLE XRP NEWS
why the value is decreasing
Major Reasons Why Ripple XRP is Not Pumping at the Moment – Kieran Kelly Highlights
Ripple XRP shares the same market situation with other digital currencies, as the market is sloping down after maintaining slight stability without a definite price acceleration or retardation. XRP has received a host of bullish predictions in the past, which haven’t actually come to pass.
On this note, Kieran Kelly, a diehard lover of the digital currency has recently highlighted why XRP has failed to initiate a successful Bull Run since it last recorded its price hallmark.
Ripple XRP, the 3rd largest digital currency, attained its price All Time High of $3.84 on 4th January 2018. The price was later battered by bear market in the same year, when the prices of all cryptocurrencies, including the largest digital currency by market cap, Bitcoin (BTC), went abjectly plummet.
Ever since, Ripple XRP has not experienced any notable price upsurge, which has been the most anticipated development the XRP community members are patiently waiting for on daily basis.
RIPPLE XRP NEWSMajor Reasons Why Ripple XRP is Not Pumping at the Moment – Kieran Kelly Highlights
BySolomon OdunayoPublished on June 30, 2019
SHARE TWEET COMMENT
Ripple XRP shares the same market situation with other digital currencies, as the market is sloping down after maintaining slight stability without a definite price acceleration or retardation. XRP has received a host of bullish predictions in the past, which haven’t actually come to pass.
On this note, Kieran Kelly, a diehard lover of the digital currency has recently highlighted why XRP has failed to initiate a successful Bull Run since it last recorded its price hallmark.Ripple XRP, the 3rd largest digital currency, attained its price All Time High of $3.84 on 4th January 2018. The price was later battered by bear market in the same year, when the prices of all cryptocurrencies, including the largest digital currency by market cap, Bitcoin (BTC), went abjectly plummet.
Ever since, Ripple XRP has not experienced any notable price upsurge, which has been the most anticipated development the XRP community members are patiently waiting for on daily basis.
It is most advisable for Ripple XRP to maintain a consistent price growth without major reliance on Bitcoin price uptrend. However, since the dominance still exists, the digital currency should have totally replicated BTC’s upward trend as much as it does when it crashes, but this has changed a bit lately.
If we give the recent price crash experienced by Bitcoin a close look, it would be noticed that the greatest unnoticed negative impact was on other digital currencies, including Ripple XRP. Whereas, when BTC was enjoying its price uptrend, altcoins failed to replicate.
To increase the liquidity of XRP, which is economically advisable, Ripple, the US-based Payment Company that oversees remittances and cross-border transactions, staked millions of dollars in its recent partnership with MoneyGram.
The deal is expected to greatly impact the digital currency in all spheres necessary. The benefits XRP stands to gain if it passes the big test were recently highlighted on this news channel.
Ripple XRP touched $0.49 before the market crackdown occurred few days ago. At press time, XRP is trading at $0.40, with 3.2% loss in the last 24 hours, while Bitcoin (BTC) continues to change hands close to 10,000 range.
Kieran Kelly Points to Major Reasons Why Ripple XRP is Not Pumping at the Moment
An XRP enthusiast was the first to call the attention of the crypto sphere to the damage initiated by those he tagged as “so-called long-term holders”, who keep hyping and spreading fake predictions about XRP without realising the negative impact it piles on the growth of the cryptocurrency eventually.
see full news on Major Reasons Why Ripple XRP is Not Pumping at the Moment – Kieran Kelly Highlights - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News