Ripple News And Price Analysis:Ripple Upbeat As Bitcoin Superstore Supports XRP. Thursday, August 9
Important Ripple News
Ripple Upbeat As Bitcoin Superstore Supports XRP
The vision of Ripple of recent has been decoupling from Bitcoin as the founders are of the opinion that the coin has merits far more than it is attributed. The Ripple team seems always to have one new move or project at one time or the other. The company’s vision is to be adopted globally as a global financial solution. This vision got a boost with the addition of XRP to the Bitcoin Superstore.
A tweet by the company announcing the support for Ripple stated, “We are excited to announce our acceptance of#Ripple!
Customers can now buy from nearly any online retailer with Ripple! What does the#XRPCommunity think of our addition? #xrpthestandard#xrpyarmy #XRP $XRP @Ripple”
With the support, users making purchases from a number of retail outlets will be able make instant settlements with Ripple.
Ripple XRP Drops 5 Percent As the Coin Market Goes South
The volatility of the crypto market was made manifest overnight as most coins slightly lost values that cumulatively erased about $5 billion from the market. Bitcoin, ether, bitcoin cash and Ripple’s XRP all saw losses with XRP recording 5 percent drop in value.
The drop in the volume of Bitcoin has continued to be an issue for the coin market. Ripple XRP has been vacillating within a broad range of $0.51978 — $0.4242 since June 23 and a tighter range of $0.4242 — $0.46898 since July 21 creating uncertainties in the direction the coin is headed.$0.4242 is the key bullish mark that has held for the past three days.
A support at $0.37942 is the target of this range if there is a breakdown, below it $0.32862. a rally is possible at $0.52 even though it is difficult visualizing that with the price of XRP stuck at this range.
Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.
Legal Disclaimer: Please remember that trading, buying or any other type of investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decisions. Neither tokentops.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from tokentops.com. We believe that everyone should make their own and in depth research on the particular topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don't actively support any project. The research is done with various sources, the predictions are based on own believes, analytical skills, experts and community discussions and is intended to convey general information only.
You may also like
XRP Price Still Dropping, $0.30 Possible
XRP Price Begins Soaring - Gets Back Above $0.35
XRP Price Hit The Least Among Top Cryptocurrencies
Margin Trading For Ripple (XRP) And Litecoin (LTC) Enabled In OKEx
XRP Price: Soaring By 16%, Ripple Bulls Looking Unstoppable
Is XRP Compliant With The Islamic Law? Ripple's Middle East Expansion - Ripple (XRP) News
You need to login to create comments.