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Brad Garlinghouse

Ripple CEO: The focus on cross-border payments is the best move

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The “Brad Garlinghouse Breakfast” eventually happened. For crypto enthusiasts, especially Ripple holders, it’s a week that you must be prepared to see a lot of Garlinghouse.

Today, Ripple CEO Brad had the opportunity to speak at the high-level economic club of New York. The message was dominated as you might have guessed about Ripple and its token XRP. The most crucial highlight of his interview was that the ‘banks don’t like Swift.’

The Sky is the Limit

The forum is arguably the very high level of all, and the organization has already hosted multiple US presidents as well as leaders from the global Fortune 500 companies. It’s the kind of stage that Brad needed and didn’t waste any second to explain how Ripple is making giant strides to become the best.

Over the past, the Ripple CEO has been consistently stating that it’s never a case of if Ripple will overtake Swift but instead when. Today, he went a step further to highlight how Ripple is making the cross border transactions seamless and added that Banks now don’t like Swift.

https://twitter.com/XRP_XPRT/status/1181556594678603776

Brad Garlinghouse’s statement can be backed by the fact that several banks in the recent past have shown interest in Ripple. Currently, Ripple has over 200 banks under its belt and still going strong.

Banks want to improve the cross-border payments, and it seems like Swift is not offering the speed that the modern world deserves. Therefore, with Ripple up to speed, it’s easy to understand why Garlinghouse is so much positive that Swift is no longer an option.

According to him, the focus on cross-border payments is the best move for the company.

More will come from Garlinghouse this week as Garlinghouse is later scheduled for a Fox Business Interview. Then later tomorrow, a full release from Anthony Pompliano will be out of an entire 90-minute interview with Ripple CEO.

The stage was big today for Brad to tell it all, after all, how could he not? Nevertheless, Ripple and its digital asset XRP are ticking all boxes, and only time will tell what the future holds.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Ripple Moves Whooping 522 Million XRP Tokens to a Crypto Wallet 

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Ripple has already been the one who keeps on moving large amounts of XRP tokens around several wallets. This time around the blockchain firm has moved up to 522 million XRP as per the claim made by XRPL Monitor (a twitter account that reports Ripple whale movements). The XRPL Monitor keeps the community updated with the large movements of XRP funds happening on the XRP ledger.

As per the report, the movement made by Ripple was to an unknown wallet that carried away 522 million XRP coins worth 132.4 million dollars. The transaction costed a fee of 0.0005 XRP and had no memos. The movement made by Ripple boasts the following key points to notice.

Transaction Type: Payment

Amount: 522,552,373 XRP

Fee: 500 drops (0.0005 XRP)

Sender: rNuF65SoNFRgi7KomddPeSpLhdB2Y7RnsN (Ripple)

Sender Balance: 121.01029

Receiver: rUS56vqwnwaAKLByqS2Nut3FhH2EeckhkQ

Receiver Balance: 522,552,398

Transaction ID: 4747DC17130EA2D95FC03CEAC1FC2843F55058EFB643EF7EE4C80C797DD7F81D

As usual, Ripple remains a key game changer for XRP as it has been moving large amounts of XRP in and out in recent times. A group of investors isn’t happy at all from the actions of Ripple as it wants the blockchain company to halt such movements. Even the investors filed a petition against Ripple for repeatedly selling the digital asset. As per the critics, this latest massive movement is a mirror of the following action and shows that Ripple is using its native token for benefits.

Recently, bashing the XRP community, Ripple CEO Brad Garlinghouse said that the XRP sales are about helping expand XRP’s utility, building RippleNet and supporting other biz building w/XRP, i.e. Dharma & Forte. The reality is that Ripple has decreased XRP sales by volume quarter by quarter and that’s why the inflation rate of XRP circulating supply has been lower than that of BTC and ETH.

Furthermore, Ripple continues to set industry standards in reporting and transparency as that reflected in one of its quarterly markets report. As per the claims by Brad, Ripple will soon update on the allegations made on it by the investors for manipulating its cryptocurrency’s market price. He affirms, the FUD will finally be over, and the truth will come up, what really the matter is? Commenting on spreading FUD among XRP community Brad said:

“I’m always struck by the questionable sources (I’m being generous here) spreading FUD about XRP and Ripple. Even more so over the last few weeks (Ripple’s XRP sales, litigation, etc.)…. thus, I feel compelled to comment.”

Subsequently, this massive movement of XRP coins seems to be a good one for the digital asset. Such transfers on the XRP Ledger mostly means good things, especially when Ripple is the one moving it around.

As we write this, Ripple looks to have gained an upward push with XRP price surging up to 1.35% in the last 24 hours. The trading price of XRP holds around $0.255, and at press time, the coin has a market cap of $10.98 billion.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Ripple and XRP are about to enter walking phase, claims Brad Garlinghouse

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The CEO of Ripple, Brad Garlinghouse, claims that things are about to get suitable for both Ripple and it’s native crypto XRP. Despite having a rough time in the market, Garlinghouse claimed that they have almost gone through the crawling phase and are entering the walking phase.

The XRP community needed to hear something from Brad that what has been happening in the market lately, where XRP has poorly suffered since this year started. Yesterday, a Ripple community member named Zerpenator on Twitter mentioned that he had a chat with Garlinghouse. He tweeted:

As we know, there is always a question on the authenticity of the news, and fake news always creates FUD among users. At first, it looked to be a fake one; however, after analyzing it properly, it seems to be a solid piece of news. As no one from Ripple has denied this conversation, it looks legit.

YouTube video

In that conversation between the XRP user and Garlinghouse, the user mentioned that they are looking forward to Ripple as they have set up its determined objectives and working flawlessly. And being an XRP holder, he thanked everyone at Ripple for the work they have put up together and believes in XRP.

In response, the CEO of the company agreed to what the Ripple community member had to say and stated that they seem to be graduating to walk. Moreover, Brad also mentioned Bitcoin would be dominating in the future, which will adjust to reflect the tangible progress.

As it’s on the record that XRP hasn’t shown much progress in the market whereas the rest of the top altcoins have significantly improved this year. Beside that XRP stays at the bottom among top cryptos as far as performance is concerned, so it is fascinating to hear from Brad as he claims that XRP has had a tough time and they are about to exit the crawl phase and enter into the walk phase. Ripple’s CEO has often mentioned that this is a crawl, walk, and run the race in the market.

Under the light of a famous proverb ‘slow and steady wins the race,’ Ripple and XRP are also slowly and steadily moving towards their designed goal. The fact that more than 20 financial institutions are nearing to work entirely on xRapid. It will increase the volume and indeed, the price of XRP in the market. So, it seems that XRP has made the first step into the walking phase.

Subsequently, Brad talked about Bitcoin dominance not too long ago; as it has always been the case, Bitcoin lifts the entire market. Ripple’s CEO believes that BTC is set to make a big move, and it will also help XRP to have a healthy return. If we examine the other side of cryptocurrencies, Ripple has already surpassed Bitcoin in terms of actual financial industry integration, and in coming years XRP can turn tables on BTC.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Government Relations Head at Ripple: The US must deploy balanced crypto regulations

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Two of the Ripple officials created a video a couple of days ago where they discussed the vital topic of crypto regulation. The blockchain firm’s Head of Government Relations affirmed that the USA must regulate the cryptos fairly.

The cryptocurrency industry is once again under the spotlight in 2019. Not because of the price recovery or the crypto winter, but because one of the world’s largest companies and most recognizable brands are joining the crypto space.

The crypto community from around the world has been speculating about the possibility of Facebook launching its own cryptocurrency for over a year, now. Each time Facebook announced that it is looking for developers, the community took it as a hint that their blockchain research is advancing.

Facebook finally admitted to making plans to launch its very own coin by publishing its white paper, announcing the coin’s name — Libra. The world reacted, and the interest in cryptocurrencies surged once more. However, there is still a noticeable lack of regulations concerning cryptocurrencies in countries around the world, and particularly in the US. And Ripple among all the cryptocurrency projects, in particular, has been working hard for proper crypto regulations.

The situation in the US is critical, as many are hoping that it would set an example by regulating cryptocurrencies and blockchain technology. However, there is still a question of how such regulatory framework might affect the crypto and blockchain space?

Policymakers cannot bring such regulations easily, and there needs to be a balance between customer protection and fostering innovation.

In other words, the crypto sector must not be regulated too strictly, as it is a growing industry that needs space to evolve. This is not only the case in the US, but in the rest of the world, as well. Ripple seems to be having an excellent understanding of this very concept.

The world looks towards USA: American must set a proper example

The Global Head of Government Relations at Ripple, Michelle Bond, recently talked about this very topic with Monica Long, Ripple’s SVP of Marketing. They also touched upon what might be lying further down the road for the cryptocurrency sector.

YouTube video

Previously, Bond stated that every jurisdiction in the world is keeping its eye on the fintech space, and especially on crypto and blockchain industries. The US Senate hearings back in July attempted to evaluate what impact can be expected if digital assets were to be regulated. Their concern was how crypto regulations might affect the growth of the industry and its economic development.

Not too long ago, Ripple CEO, Brad Garlinghouse, as well as the co-founder and Executive Chairman, Chris Larsen, wrote an open letter to US Congress. They insisted that legislators need to support fintech policy that would foster innovation and classify cryptocurrencies in a way that would recognize their fundamental differences.

As for the global situation, there are numerous governments whose policymakers are collaborating to establish such regulations. Some regions already have crypto-friendly policies in places, such as Abu Dhabi, Singapore, Switzerland, and even the UK. These policies address the risks of working with cryptocurrencies, but they also leave enough room for innovation and further evolution of the crypto sector.

One example is the UK’s recent decision to classify Ripple’s XRP as a non-security — something which was very debatable in the coin’s past. The US SEC’s Hester Peirce recently noted that these frameworks could act as a model for other countries, and help those with less clarity in regards to the crypto sector make the right decision.

Undoubtedly, governments and their regulators are under a lot of pressure to regulate the crypto space. They have been receiving requests to do so for years now, and these requests will only get more common as the crypto industry matures and evolves even further.

The US seems to be in the heart of everything, as it is one of the most innovation-supporting countries in the world. As such, it can set an example and the tone that others could follow. This is why the US regulators must make the right call. That’s precisely what Ripple and the rest of crypto firms want, ‘right call.’

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Ripple CEO Brad Garlinghouse Hints Success Recipe to Facebook over Libra Coin

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Brad Garlinghouse, CEO of Ripple, recently discussed with CNBC’s Squawk Alley and shared his views on Facebook’s upcoming cryptocurrency Libra.

Brad Garlinghouse on Libra

In an interview yesterday, on July 18, 2019, Mr.Garlinghouse was asked about his thought on what should Facebook, and all the Libra consortium have to do to make Libra good for the world. While Facebook’s approach into the crypto world is much similar to that of Ripple’s strategy using XRP, Brad Garlinghouse responded;

On the macro level, it’s been good for the world because it has got pretty large attention ona set of technologies. He thinks, there may be some Silicon Valley arrogance in the approach to this.”

While discussing Silicon Valley’s arrogance, Mr.Garlinghouse notes that it is because there are zero banks under 28 members of Libra association (mentioned in Libra’s whitepaper). On a continuous note, he states that Facebook should effectively comply with regulators to make this product a success one. He further adds though Facebook’s approach is towards the financial system, it is not competing with the banks.

“There is a huge opportunity to change the way financial systems work that is very beneficial to consumers and businesses. Garlinghouse explained in an interview.

Moreover, while answering to a question “Is this US-china type situation.?” He said, technologies like Bitcoin/Ether are controlled by Chinese miners and explains that Ripple enabled its process on top of an ecosystem called an XRP ledger.

 XRP Ledger is a decentralized, open and much more with democracy in terms of how it works as compared with these technologies, Brad Garlinghouse said. I do think, there are lots of strategic foresight coming out from China and that there are aware… these are new technologies upon which a lot of transaction will be enabled and I think they may invest in that.

Indeed, this is not the first time Garlinghouse spoke about regulatory aspects of Libra, a few days ago; he posted his views on US President Donald Trump’s remark on Libra. In a series of Twitter thread, Garlinghouse highlighted how Ripple using XRP is already working with the regulators around the world. By agreeing on the statements of Donald Trump and US Treasury Secretary Steven Mnuchin, Garlinghouse stated;

Also, Mr.Garlinghouse contributed his thoughts on recent Senate hearing concluded on July 17 between Senate Committee and Facebook Calibra’s lead, David Marcus. In his tweet, Ripple CEO quickly paraphrased Congressman’s Patrick McHenry’s optimistic thought on Facebook and stated that;

“Whether Facebook is involved or not, change is here. Digital currencies exist. Blockchain technology is real.”

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Libra v/s Ripple – XRP is the only digital asset that works with regulators

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Amidst the rising regulatory concerns over Libra coin, introduced by Facebook, the crypto community is eyeing on Ripple and its cryptocurrency XRP. The community is observing the smartest and unique way that Ripple is working with regulators and meantime offering XRP-based solutions to the payment industry.

Ripple v/s Facebook’s Libra

Ripple, the companies behind the XRP cryptocurrency, have long been offering blockchain-based payment solution services to the payment firms and banks across the world. In essence, the firm equipped its native cryptocurrency, XRP with its blockchain products such as xRapid, xCurrent, and so on which is currently used by many payments and financial entities for cross-border transfer of funds.

However, this isn’t a new system for Ripple – it has quickly gotten the attention when US Treasury Secretary Steven Mnuchin talked about Facebook’s Libra and urged that “We’ll not allow digital asset service providers to operate in the shadows.” Sec.Mnuchin remarked the national security issue that may probably occur due to Libra and demands that the crypto industry needs more regulations at the moment.

Nevertheless, back in 2018, Ripple’s Global Ops and Partnership head Emi Yoshikawa said that “Ripple works with the worldwide regulators and the world.” Speaking at the Asia Pacific Fintech Forum in Beijing, she outlined;

“Ripple works with governments and regulators around the world to help them better understand the problems we solve for customers using #blockchain. It is all about a real use case.”

Besides Emi’s statement, Ripple’s CEO Brad Garlinghouse in an interview at CNBC’s Fast Money raised the increasing approach to “cooperate with regulators.” Accordingly, he discussed that;

“It’s incredibly important that the entire industry recognizes that we have to work with the regulators, we have to work with the system.”

Brad Garlinghouse Advised Facebook

In addition to his earlier statement, Brad Garlinghouse on July 15 expressed his views on Facebook’s Libra and strongly advised to follow regulatory regime if intending to go forward. He marked his consent on the opinion of Sec. Mnuchin and President Donald Trump about cryptocurrency and states that “I agree that crypto isn’t likely to replace fiat currencies.”

For the industry to succeed, we need to work with regulators and within policies, Brad Garlinghouse tweeted.

Talking about how Ripple has moved forward with the hands of regulators and offer XRP-based solutions to various global firms, Garlinghouse explained as follows;

https://twitter.com/bgarlinghouse/status/1150849269886177281

In a nutshell, Garlinghouse quickly counseled Facebook to work with the regulators and within policies. If not; he thinks;

We risk squashing innovation here in the US and letting foreign interests take control of this new sector of our global economy.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Ripple CEO criticizes the decrepit Swift technology that banks use

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When bitcoin was invented a decade ago, and later more cryptocurrencies including Ripple’s XRP appeared, their use was mainly linked with anonymous ways of selling drugs as well as weapons online through marketplaces such as Silk Road.

Later, speculation set in and now it’s all about utility. The financial industry is, by far, showing the highest readiness of adopting blockchain technology for various reasons. And on the front foot, Ripple is leading as the best option for banks.

For that reason, now there’s no room for Silk Road. Subsequently, according to the Ripple’s CEO Brad Garlinghouse, the fintech startup is overtaking old Swift network in a blink of an eye.

Blockchain Technology is the Best and Only Way

The finance industry looks to be taking a new direction to finally adopt blockchain technology as the only way to stay at the top of the game. And as that is happening, SWIFT is being overtaken slowly.

Recently, in an interview with Bloomberg, Ripple CEO seemed confident that the Fintech startup is indeed the hot cake for the financial institutions. Brad Garlinghouse said,

“What Ripple is executing every day is to take over SWIFT. Currently, we’ve signed up over 100 swift-enabled banks that are now using the Ripple technology.”

The numbers are increasing with Brad stating that they have attracted a plethora of new customers who are looking for blockchain on solving logistical issues that are posed by the older systems.

Swift is used by companies as well as individuals for sending and receiving money worldwide. On the other hand, Ripple uses its digital currency, XRP, as a proxy for those customers converting fiat currencies.

What puts Ripple ahead is the fact that it provides liquidity and Garlinghouse states that SWIFT is far behind in terms of technology. In Garlinghouse’s words,

“The technology used by the banks today that Swift developed years back hasn’t really evolved or even kept up with the current market.”

He also added that despite Swift affirming some time back that they couldn’t see blockchain as the real solution; the time is now they should start eating their words.

https://twitter.com/_Crypto_Maniac_/status/1139030747623370753

The cross-border payments have been a significant concern within the financial institutions for a long time, and right now, the means of improving efficiency would be welcomed. Ripple looks to be the best shot for the institutions given the increasing number of banks integrating the technology.

We’ve already heard the rumors of a possible tie-up between the two (Ripple and Swift), but it seems to be rumors anyway as Brad insists that his firm’s main objective is taking over Swift. The task at hand for Ripple of taking over Swift looked impossible some years back, but with the current developments, Brad-led blockchain company’s nose is edging ahead of Swift.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Ripple CEO is bullish on the media, will XRP price move?

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Ripple’s CEO, Brad Garlinghouse, has been active in the PR arena recently. He was at the Swiss National Bank conference last week, and he’s also been giving interviews to the media.

Speaking to CNBC (in the middle of last year), he said that Ripple’s future looks bright because many banks in the world will adopt the XRP ledger before the current year’s end. The ‘XRP ledger’ is one of the technologies developed by Ripple to solve the problem of the international transfer for banks as an alternative to the SWIFT system. The XRP ledger is a distributed ledger network that can manage more than fifteen hundred transactions every second. It uses Ripple’s XRP cryptocurrency.

Mr. Garlinghouse has manifested confidence in Ripple’s future in the past, of course. One could argue that such is his job. At another interview held during the Money 20/20 conference, he remarked that (last year, in 2018),

“I have said it before that by the end of 2019, the xRapid ledger will be a significant tool in banks around the world. Before 2019 comes to an end, I believe that dozens of banks will embrace Ripple.”

Ripple’s adoption by banks is about to arrive

Ripple’s primary focus as a private company is to create blockchain-based liquidity solutions for banks, remittance services, and other financial institutions that remove most of the friction prevalent in the traditional methods for settling cross-border remittances. Ripple’s options are cheaper, much faster, and reliable.

One of those solutions is called xRapid, and while it can work for any institution in the world, it’s especially well-suited for banks that do business with emerging economies because it increases the accessibility to international transfers by lowering costs and improving transaction speeds.

The system sifts third-party options to settle a payment, looking for the ‘most competitive’ opportunity. Once it’s found, the sender’s local fiat currency is used to buy XRP coins which are then sold by the payment’s receiver for its local legal tender. The whole process can be executed in a few minutes only because Ripple’s network is fast and scalable. This is a significative improvement over the two or three days it usually takes to complete the same process through the conventional means.

Mr. Garlinghouse also had something to say regarding the company’s digital asset price: “The industry is nascent and speculation is what dominates the market action. In time, people will understand the unique use cases. Bitcoin will be a panacea as people suspected it would be. Bitcoin would solve different problems. There are different kinds of blockchains and ledgers being created daily.”

Will the future probe Mr. Garlinghouse, right? Will Ripple’s technology be in use by many banks this year? Will that affect XRP’s price in the cryptocurrency markets?

The GMT alliance

The cryptocurrency market’s legendary chaotic and volatile character doesn’t seem to affect Ripple as a private company very much. As the crypto verse does its thing, Ripple keeps securing expanding moves at every corner of the planet.

It recently acquired an important strategic partnership with Israel’s largest bank (which also happens to be the world’s 5th most important financial institution), GMT. Ripple’s presence in Israel aims to encourage the local financial industry’s momentum as well as fortifying the Californian firm’s presence in the region, which is already particularly strong in Saudi Arabia and other neighboring countries.

GMT published an announcement explaining how it shares an identical philosophy to that of Ripple’s and that such agreement allowed them both to reach combinedly favorable terms while they negotiated the new partnership’s details. Part of that announcement says that,

“After a precise and long discussion process, GMT has decided to choose Ripple. By working with Ripple and its partners, we would contribute to creating a global financial system using high-end values and technology that will be affordable and transparent.”

GMT’s happiness with the new partnership was made clear by the announcement. The Israeli bank explained that Ripple’s tech is a new way of doing things that will surely be adopted by many financial technology companies in the Middle East.

“GMT is joining establishments like CIBC, MoneyGram, AKBANK, MoneyGram and many others who have already started using the Ripple platform. With this partnership, GMT will be establishing its place in the forefront of the FinTech industry in Israel. It will also work hand in hand with some of the leading companies in the world.”

GMT hasn’t explained which of Ripple’s technologies it aspires to adopt expressly. It can be xRapid, xCurrent, and/or Ripple’s API. The first option is just a blockchain messaging system, while the second option is a full cryptocurrency-based solution that uses XRP as the mediating element.

The new partnership (as any progress made by Ripple) is something of a threat to SWIFT’s dominance in the world. SWIFT is the current industry standard for international transfers. It’s been around for about four decades, and its monopolistic status has not encouraged it to keep up with the times.

Thus, the system is severely outdated as it keeps using technology from the 1970s. That’s why it remains slow, expensive, unreliable. And that’s also why many voices in the industry have been calling for a better option to replace it. That option could be Ripple’s technology.

Another of Ripple’s partners in the region is Turkey’s AkBank. It’s one of the country’s largest banks, and it’s adopted xRapid as a solution for its international transfer business. It’s adopting xRapid after a trial period that lasted for more than a year.

Will XRP’s price move?

It will, but we need for the dust to settle down before we notice.

Ripple’s technology adoption, especially xRapid, which uses XRP directly, creates new demand and the new trading volume for Ripple’s XRP cryptocurrency. In a regular market, those two things would help the coin’s price to rise. But we’re not in a regular market. While we’ve seen charming green numbers over the last few weeks, it’s not clear that the cryptocurrency’s market protracted winter and bearish run is 100% over.

So Ripple’s hard work on securing new partnerships and gaining adoption for its technology and cryptocurrency will surely pay off in terms of market performance for XRP. But that improved performance will only become apparent when the whole market settles down.

That being said, let’s not forget that XRP was the world’s most profitable cryptocurrency in two consecutive years (2017 and 2018) which were, respectively the best ever year for cryptocurrencies and the worst possible year. In both scenarios, XRP was the best option for investors in crypto. This is an asset for all seasons, as the saying goes, and the new partnerships can only make it more attractive and improve its performance in the market.

Chances are that Mr. Garlinghouse’s optimism about Ripple’s future is well-justified. The company already has more than 200 partners scattered the world over and, on average, a new bank of the world jumps in the Ripple ship every week.

Recently, XRP overcame the all-important USD 0.4 price level. As we write this, it’s the third cryptocurrency by market capitalization, and it’s trading at USD 0.396610. It’s lost about 4% over the last 24 hours. However, it’s been up by 18% over the previous seven days, so that 4% is probably just a hiccup. Also, most technical analysis indicators are either neutral or in “strong buy” mode for this asset. So things look promising for Ripple as a company, but also for XRP as a profitable cryptocurrency.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.