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XRP Price | Are We Experiencing a Ripple Rally Right Now?

The Ripple price has taken multiple hits over the past six months. Most people agree with that. At the end of June, the XRP price was roughly $0.54. In two months, it dropped to $0.29.

But now that’s over; we’re in the midst of a Ripple rally. Or, so it appears.

After bullish news for XRP surfaced this week, the price has skyrocketed, with the altcoin currently up more than 10%. And what was that news? Well, let’s just say it involves the launch of xRapid.

Possible xRapid Launch Sends XRP Price Higher

On September 17th, CNBC reported that Ripple might be launching a commercial version of xRapid, which is the company’s payment platform.

Huge news as is, but even more so when you consider the launch might be in October. That’s one month away. According to one Ripple executive (Sagar Sarbhai),  the team is “confident that in the next one month or so” the market “will see some good news coming in where we launch the product live in production.”

With that in mind, should we be surprised to see the Ripple price trading up in the double-digits? No; not really. Ever since the potential xRapid launch announcement, social media has blown up with XRP news related stories.

The social media traction—keywords XRP and Ripple are trending—probably kicked off this week’s Ripple rally.

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XRP Price: September 20th, 2018

At press time, XRP is trading at $0.37. Of course, this is not as high as where the altcoin was back in June, but that’s okay; it’s better than the price being $0.29.

Trading at $0.37 means XRP is up 15.31% in the past twenty-four hours.

XRP price

Source: CoinMarketCap

The Takeaway

Are you on board with an xRapid launch in October? Do you think it’s the catalyst XRP has needed to keep it trading in the green zone? Let us know in the comments below, and don’t forget to check back in next week for more XRP news and Ripple price updates!

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TransferGo Ripple Technology Integration | Speeding Things Up

More and more people, companies, and firms are starting to explore Ripple technology. DCEX uses Ripple tech, and now payments provider TransferGo has started too. Well, that’s according to a September 5th press release documenting the TransferGo Ripple technology integration, that is.

TransferGo Ripple Technology Integration: A Smart Move?

On Wednesday, TransferGo announced that it will be rolling out a remittance corridor to India. How? By using Ripple technology. Perhaps the most well-known thing about Ripple tech is that it allows for real-time transactions, which is likely one of the reasons TransferGo decided to make this move.

Right now it’s unclear which Ripple technology the payments provider will use, but at this point, it doesn’t matter. We know everything we need to know: the technology is going to allow TransferGo to replace its slow communications systems, like Swift. And it’s going to give the company more credit in India, as there’s been a massive India Ripple adoption recently.

Who Will Benefit?

Aside from TransferGo itself (this integration “opens up new horizons”), customers of the payments provider will, thanks to Ripple tech, be able to “send money to family and friends,” as well as “make international payments immediately.”

Not the Only Move

Though details were scarce, it is evident that the TransferGo Ripple technology integration is massive news. But it’s not the only crypto/blockchain announcement we’re going to be seeing from TransferGo. In fact, the provider even said this is just the start of its remittances that are blockchain-based.

XRP Price

Though Ripple and XRP are not connected, it’s difficult to talk about Ripple tech without thinking about where XRP is sitting on the market.

At press time, XRP is plunging in the double-digits. Selling for $0.297, XRP is down 10.61%. All of the top-ten coins are in the red zone, with Ethereum (ETH) down just over 13%.

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The Takeaway

What do you think about the TransferGo Ripple technology integration?

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Coinbase Updating Coins? Stellar (XLM) & Cardano (ADA) Have Potential

Coinbase updating coins: Three days ago the largest cryptocurrency exchange operating in the United States announced that it is exploring five new cryptocurrencies to add to its platform, including Stellar (XLM) and Cardano (ADA).

Coinbase Updating Coins? Stellar (XLM) and Cardano (ADA) Take Center Stage

Is Coinbase updating coins? In the company’s Medium Post, Coinbase announced that they would be exploring the following assets:

  • Cardano (ADA)
  • Basic Attention Token (BAT)
  • Stellar Lumens (XLM)
  • Zcash (ZEC)
  • 0x (ZRX)

Coinbase addressed that is still in the process of adding Ethereum Classic (ETC) to its platform. The company also explained that the assets listed above will require “additional exploratory work” and it cannot guarantee that these coins will be listed for trading.

Coinbase’s statement explains:

“As part of the exploratory process, customers may see public-facing APIs and other signs that we are conducting engineering work to support these assets. While we cannot commit to when or whether these assets will become available at this time, we will provide updates to our customers about the process and what they can expect via the Coinbase blog and Twitter.”

The major cryptocurrency exchange is making a push towards transparency, as in the past there have been many ‘speculations’ as to what coin will be added next to its platform. The company wants to get in front of these rumors from the start and will be making similar announcements moving forward about any assets it’s exploring.

Ripple (XRP) Rumors Put to Rest

The fact that Coinbase is exploring Stellar (XLM) over the higher ranking Ripple speaks volumes as to the company’s stance on the digital asset. Stellar and Ripple were both co-founded by Jeb McCaleb and have identical structures.

The only difference? Target audience.

Ripple is geared towards larger financial institutions whereas the Stellar Foundation seeks to service everyone – more specifically the unbanked.

There have been endless rumors in the past about Ripple (XRP) being added to Coinbase, which have boosted XRP’s price on numerous occasions but this latest announcement makes it clear – it isn’t happening.

It still remains unknown what the exchange has against Ripple Labs, but we know for sure we won’t be seeing it on the Coinbase platform anytime soon.

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June 18, 2018 – Crypto Currency News

When it comes to Ripple, there are two things people want to know the most. Either they are looking for a Ripple price analysis, or they are looking to see if Ripple, the software company, announced anything new. Today, we are going to focus primarily on XRP’s market performance.

Ripple Price Analysis: June 18, 2018

Over the weekend, XRP saw some losses. The Ripple price avoided massive drops but did spend the Sunday trading session in a tight range. Yesterday, XRP opened at $0.535 and finished the day at $0.528.

Today, Ripple (XRP) started the day continuing its descent to the $0.50 price mark. At one point, XRP hit an intraday low of $0.512. This marks the lowest Ripple price since early April. However, at the time of writing, Ripple (XRP) has managed to revive itself and push above that level.

Currently, the XRP price is at $0.546. This puts the altcoin up 3.18% in the past twenty-four hours. Ripple (XRP) has a market capitalization of $21.44B, and a twenty-four-hour trading volume of $256.02M.

Ripple price analysis
Source: CoinMarketCap

XRP’s performance today is in line with the overall cryptocurrency market. Most coins started the day down, posting losses over the past twenty-four hours. However, the coins that were down this morning have managed to climb back into the green zone, now that the day has progressed. Will it last, though? The crypto market does not close, so it’s very possible that these coins could plunge again.

That said, recent market data is suggesting that XRP is improving. We can see that the price has jumped to $0.54, and its 24-hour trading volume is significantly higher than Sunday’s session. For perspective, the trading volume Ripple generated yesterday was $166M. Today, it’s gone from $211.3M to $256.02M.

The Ripple Price Takeaway

It’s going to be important to keep an eye on XRP this week. We should be hearing some more information from the SEC regarding whether Ripple (XRP) is a security, and that should have some sort of impact on the Ripple price – good or bad.

>> All Things Ripple: XRP News, Company Talks India Crypto Ban

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What’s Up with Ripple? XRP Lawsuit, Singapore Summit Aftermath and More

It’s Monday, and the crypto markets are not looking good. Now, a lot of that has to do with the Coinrail hack over the weekend, but that’s not the sole reason certain virtual currencies are plunging. For instance, Ripple (XRP) has seen better days. 

In this article, we will be looking at XRP’s daily chart, as well as investigating some of the news that has surfaced about the company and coin this week.

Ripple Price Chart | June 11, 2018

Ripple (XRP) is currently selling for $0.57. This puts the coin down 6.42% in …

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