Ripple XRP Price Momentum Remains Strong

It is safe to say the past week has been very interesting for Bitcoin and different cryptocurrencies. though some high coins still lost a lot of value in the process, the overall momentum seems to be positive. For the present, things still research for the Ripple XRP price, because it is still rising quickly."Ripple XRP price Momentum Remains Strong"

Most cryptocurrency enthusiasts dislike Ripple XRP, for obvious reasons. it's not a traditional cryptocurrency and looks to be targeted at the financial sector. That in itself makes it a direct competitor to Bitcoin, although competition is usually a good factor, especially in the financial world. Despite this mounting opposition, the XRP price is still going strong over the past few weeks.

These past 24 hours have led to a 2.65% Ripple XRP increase. whereas that may not seem spectacular, it's another example of how this trade remains evolving as a whole. This XRP increase caps off a pretty solid week for the digital asset, as XRP has noted a strong 13 increase over the past seven days combined. that is a lot more spectacular compared to Bitcoin, and immensely superior to how Ethereum has performed in the past seven days.

As one would come to expect, the XRP price is also rising because of gains over Bitcoin itself. though a 1.41% increase in favor of Ripple XRP is nothing to be excessively excited about, it shows there is a lot of positive momentum production. As long as the Bitcoin price remains in the green, most alternative currencies and digital assets will note similar momentum.

The overall cryptocurrency trading volume is usually comparatively low throughout the first hours of Monday. today is no different in that regard, although it is not effectively posing any issues for the Ripple XRP trading volume as a whole. With over $361.5m in 24-hour volume, it would seem the demand to buy and sell this digital asset remains strong. whether or not it will increase during the day, is a different matter altogether.'Ripple XRP price Momentum Remains Strong'

Looking at the exchanges ranked by 24-hour XRP trading volume, it seems Bitbank is still leading the pack in spectacular fashion. Its JPY pair is well ahead of Huobi’s USDT and BTC markets. Binance brings another USDT pair to the party, followed by Bithumb’s KRW pair. two fiat currencies in the top 5 is promising, and there are three more fiat currency pairs further down in the top 10.

As is usually the case in the world of cryptocurrency , making accurate price predictions is nearly impossible. All indicators show the Ripple XRP price is bound for further growth in the coming hours, though that will mainly depend on how the Bitcoin price evolves. assumptive Bitcoin will keep its act along, the XRP price can see similar momentum in the coming hours.

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