What to Expect in the Next 48 Hours By CoinEdition


XRP Price Prediction: What to Expect in the Next 48 Hours
  • XRP’s price has added to its negative weekly performance over the last 24 hours.
  • The remittance token’s price is trading below the 9 and 20 EMA lines on its 4-hour and daily charts.
  • Traders will want to keep an eye on the RSI indicator on XRP’s 4-hour chart.

is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. It was first released in 2012 and was co-founded by Chris Larsen and Jed McCaleb.

Ripple’s main process is a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and security transfers, which is used by banks and financial middlemen dealing across currencies.

The token used for the cryptocurrency is premined and utilizes the ticker symbol XRP. Ripple is the name of the company and the network, and XRP is the cryptocurrency token. The purpose of XRP is to serve as an intermediate mechanism of exchange between two currencies or networks – as a sort of temporary settlement layer.

Current Market Standing

XRP (XRP) is ranked as the sixth biggest crypto by market cap, according to CoinMarketCap. It experienced a 1.31% drop in …

The post XRP Price Prediction: What to Expect in the Next 48 Hours appeared first on Coin Edition.

See original on CoinEdition


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *