Analysis


Analysis

Technical Analysis

The past few years have seen headlines of Ripple. Unlike many similar projects, it remains focused on cross border transactions that aim to revolutionize international payments with its impressive solutions. Investors have shown great interest in Ripple, but the infamous crypto-winter hit the cryptocurrency in 2018, which has made it to struggle to reach its record high ever again. Additionally, few investors think that it is under a lot of controversy and doubts.

Experts are predicting that by the end of the year 2020, the price of Ripple will cross its previous 52-week high $0.50 mark. Ripple has confirmed that it has signed over 300 financial and banking customer partnerships, including renowned names like Barclays, HSBC, Euro Exim Bank, MoneyGram, ConnectPay, GMT, and WorldCom Finance.

In 2019, the coin didn’t see any significant breakthroughs, which kept the cost range to $0.2 to $0.5. Predicting the future of the coin is not easy. Some may believe that XRP prices may grow at a rapid pace, and some argue that it will not be able to thrive in the growing competition.

Ripple (XRP) Price Analysis

XRP (XRP)
31.5%
$ 0.593022
$ 0.186802
⇣ 0.453475
24 Nov
⇡ 0.601662

Best XRP Wallets

  1. Ledger Nano X – Ledger Nano X is developed by France based company experts. It is a multi-currency HD wallet that can support more than 1000 cryptocurrencies and token like Ripple. It is a Bluetooth enabled wallet which can be used easily with Android and iOS without USB or OTG.

  2. Ledger Nano S – It is developed by France based start-up, and it is one of the most popular hardware wallets which can safely store your digital assets. It is a small flash like device which comes with an OLED screen. While using the wallet for the first time, you will get the 12-24 words long seed, which helps in keeping your funds safe.

  3. Toast Wallet – Toast wallet is another trustworthy name when it comes to XRP wallets. It offers both mobile and desktop wallets to store Ripple cryptocurrency. It is an open-source wallet for iOS, Android, Mac, Linux, and Windows. It is a wallet that can be used to store only one cryptocurrency, i.e., XRP.