Ripple Drops 56% from 2021 Highs, XRP Bears Target $0.50
Ripple prices weren’t spared the hammer of the end of last week. Following the trend of other crypto assets, XRP is down double digits week-to-date. However,
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
Ripple prices weren’t spared the hammer of the end of last week. Following the trend of other crypto assets, XRP is down double digits week-to-date. However,
The Ripple could be stable when writing. However, this is not discounting the fact that the coin is under immense selling pressure. To illustrate, XRP is
The Ripple price remains in range mode in a bearish formation at the turn of the New Year.
The Ripple price is relatively steady at the time of writing. After mid-last week’s losses, XRP prices are back to the bear way, judging from the
Ripple prices are stabilizing at press time, even printing higher against the predominant trend. Encouragingly, the pullback might be across the board. However, Ripple-specific developments may
Ripple as a company is firm.
Ripple wasn’t spared from last week’s crash. Sinking over 20 percent on December 4, it appears like the XRP swing high is over. For optimists, though,
Leading blockchain company, Ripple has announced a partnership with the Republic of Palau to ramp up its cross-border payments and national digital currency technologies.
Ripple is yo-yoing when writing. XRP prices, reflective of the market, are consolidating though there are elements of strength.
Ripple deepens its footprint in the Middle East region through a partnership with international blockchain-based financial services company Pyypl.
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