Ripple (XPR) is again gaining volatility. After yesterday’s pause and bounce-off, the sellers are hunting for Ripple today.
Please, check out the technical analysis of Ripple’s (XRP) price, which is currently making around $0.66, as reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Ripple has collaborated with two banks and three fast-growing remittance providers who are willing to adopt the blockchain technology for instant payments at reduced costs.
Ripple is further expanding its footprint by collaborating with many banking as well as financial services institutions.
Ripple is downtrending mid-term as we are heading into mid February, as Dmitriy Gurkovskiy, Chief Analyst at RoboForex, says.
Dmitriy Gurkovskiy, a senior analyst at RoboForex, shares his vision on Ripple’s future trends, thereto explaining obstacles the token faces when it comes to its wider adoption.
After a pathbreaking rally for three weeks continuously Ripple is seen finally correcting by over 10% with a $22 billion cut in its valuation.
Ripple continues to surge ahead and lead the crypto charts even when the overall market is undergoing a significant correction.
During first hours of today’s session Ripple enjoyed raise in its value and now, according to data from CoinMarketCap, the Ripple price is hesitating around $1.29.