Ripple (XRP)

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Ripple (XRP) Prices Heading For $2 In 2018

No crypto-savvy eye missed Ripple’s remarkable journey in 2017. Ripple made headlines in the last month of 2017 for becoming one of the only cryptocurrencies to return a mind-blowing 11,000% in gains. XRP price ended the year over $1.00, meeting our Ripple price prediction in 2017.

Its meteoric rise is owed to one distinguishing feature that sets it apart from the other more-than-1,300 cryptocurrencies. Ripple is not just a digital currency. It is a blockchain solution for banks and enterprises to save costs on moving funds across borders. Ripple provides financial settlement solutions globally, allowing banks and companies to transact securely and instantly.

According to Ripple, the global payments are still stuck in the “disco era.” While the number of global financial transactions increased, the technology that supported this infrastructure remained outdated.

Ripple now promises the cheapest and fastest alternative to traditional modes of money transfer. Based on Ripple’s estimate, a bank can reduce the cost of processing remittances by 33% using Ripple’s technology and by 60% if transacting in Ripple’s cryptocurrency, XRP.

This unique incentive is what’s attracting big banks to its network. Ripple has been signing deals with major financial institutions and corporations, all of which are showing interest in adopting its blockchain-based technology.

We believe that this institutional interest in Ripple will continue to push its prices up, which is why we are bullish in our Ripple price forecast for 2018. Watch this space for our daily Ripple news updates and our Ripple price predictions and analysis.

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Ripple prices are upbeat on Monday morning, benefitting from two tailwinds: A reverse-rotation from Bitcoin to altcoins, and the start of Ripple’s SWELL conference. We will provide a rundown of SWELL highlights in tomorrow’s Ripple news update. However, today’s update will focus on the reverse-rotation of cryptocurrency funds.…

On Tuesday, Ripple announced that it had reached an important milestone: 100 financial institutions on its enterprise blockchain. (Source: "Ripple’s Blockchain Network Is Now More Than 100 Strong," Ripple, October 10, 2017.) Investors celebrated this Ripple news by sending prices up 2.66% against Bitcoin. However, it should be noted…

On Monday, Ripple prices traded as high as $0.278758 before an intra-cryptocurrency rotation diverted the momentum towards Bitcoin. The result was an 11.36% depreciation of XRP against BTC. What caused this sudden rotation—was it an unexpected bout of bad Ripple news? Sadly, no. Cryptocurrencies should trade independently, based…

XRP prices are flirting with $0.24 after another strong trading session on Thursday, heading closer to our Ripple price prediction. This means that Ripple is up 23.87% for the week, including the 5.86% from yesterday. Ultimately the strength of this week’s trading goes back to marketing. I tip…

Two days ago, Ripple CEO Brad Garlinghouse held a Q&A on Quora (the popular Internet forum that syndicates the answers to major news outlets). Today, that Ripple news managed to send XRP prices up 9.99% while Bitcoin, Ethereum, and Litecoin all dropped. So what exactly did he say?…

Yesterday, I wrote that Ripple appeared to be stuck around the $0.20 handle and that something extraordinary could help it break free. Well, that event is almost here: SWELL. SWELL is Ripple’s first annual conference, and though it probably won’t make the front page of The New York…

In the last week, XRP prices have crossed the $0.20 handle 12 different times. Half on the way up, half on the way down. Did Ripple news really fluctuate that much day to day? Of course not. It doesn’t really matter where Ripple prices land on a daily…

Although XRP prices took a major hit when China banned cryptocurrency exchanges, there was little to fear at that time. Chinese trading meant nothing to Ripple. But a crackdown in South Korea would be bigger Ripple news and could affect our Ripple price prediction. Collectively, the volume from…

After a relatively calm week, XRP prices accelerated on Tuesday, making it the third-largest cryptocurrency by market capitalization. Meanwhile, Bitcoin Cash fell to fourth place. The Ripple to USD exchange rate accelerated 9.25% to reach $0.200137. It was the first time that Ripple traded above $0.20 since China…

Although you can’t tell from XRP price movements, there was big Ripple news yesterday: namely, that Ripple opened an office in Singapore. If this doesn’t sound like much to you, perhaps I should add that Singapore is a major financial center in the Southeast Asia region. It is…

Low trading volumes continue to crimp Ripple’s progress, driving the Ripple to USD exchange rate up 1.81% to near $0.182620. At the same time, XRP fell 0.75% against Bitcoin. Only $20.57-million worth of XRP coins changed hands on Sunday, down from Saturday’s almost-as-bad $32.48 million. These simply aren’t…

On Thursday, XRP prices were caught in the downdraft of a minor cryptocurrency crash. The Ripple to USD exchange rate fell 5.99%, while simultaneously rising 1.59% against Bitcoin. Interestingly, these price swings are starting to have an effect on the pecking order of cryptocurrencies. Litecoin already fell below…

On Wednesday, there was a broad-but-shallow dip in the overall cryptocurrency market. XRP prices were caught in the downdraft, but it is unlikely to affect our $2.00 Ripple price prediction. That said, trading volumes remained below $100.0 million for the fifth consecutive day, sparking some concern that liquidity…

After a tumultuous week, investors are largely sitting on the sidelines, waiting for something to happen with Ripple prices. One juicy bit of Ripple news would likely spark a massive rally. Funnily enough, that juicy bit of news may have come and gone without investors noticing. In the…

Ripple prices took a break from the high drama of recent weeks, ending the last 24 hours a slight twitch up to around $0.185670. The stability of the Ripple to USD exchange rate is a constructive signal for investors that grew nervous after the Chinese crackdown. After all,…

For the first time in a week, cryptocurrencies stuck their heads above water. The Ripple-to-USD exchange rate jumped 7.13% to $0.188622, while simultaneously falling 4.22% against Bitcoin. China’s ban on cryptocurrency exchanges was once again the biggest piece of Ripple news. This time, however, prices moved to the…

As with the rest of the cryptocurrency market, China takes center stage in our Ripple news update. It’s the only thing that matters at the moment, though one could argue that XRP is unfairly caught in the crossfire. After all, less than five percent of Ripple’s trading volume…