XRP Outperform Major Altcoins! On-Chain Data Reveals XRP Growth in Last 2.5 Years

In spite of the sell-off, Ripple's XRP is holding up fairly nicely. XRP maintained the $0.30 level throughout Thursday and traded in the same range on Friday without plunging. The primary catalyst continues to be the upcoming court decision on the SEC motion to assert attorney-client privilege over records relating to William Hinman's 2018 address. …

Timeline of Xrp

Blockchain development company Peersyst worked with Ripple in the implementation of the Colombian National Land Registry on top of the XRP Ledger (XRPL). Part of a national initiative to improve the country's blockchain capabilities, the announcement was made by high-ranking government officials.

Today, the price of Ripple (XRP) fell to the low of $0.30. The current decline was a result of the rejection of the high at $0.38. The bulls failed to break the 50-day line SMA after breaking the 21-day line SMA, hence the downtrend.

XRP Price despite being in a huge descending trend for a pretty long time is flashing strong bullish signals in recent times. While most of the tokens dropped significantly as Bitcoin price slumped below $20,000, traders jumped in to accumulate more XRP. The platform witnessed a huge spike in the unique addresses that exceeded more …

Ripple price analysis is bullish today as the coin surged from $0.30 to $0.44 in an explosive move that caught everyone off guard. The price is now trading at $0.43 and looks poised for more gains in the short term.

Co-creator of Ripple network and first Chief Technology Officer, Jed McCaleb will soon exhaust his XRP stash per U.today. He has just 81.5 million XRP off of the original 9 billion XRP stake today on tacostand.

XRP has been steadily declining over the last three months after plunging below the $0.795-level. The buyers have not been able to inflict a trend-altering rally beyond the bonds of its 20 EMA (red) yet.

XRP drops 3% in one day and brought its price down to $0.34 while it also reduced by 16% in one week, so what can we expect in the next 24 hours? Let's see in our Ripple XRP news.

Ripple is launching an innovation challenge aiming to promote the development of XRP Ledger (XRPL) apps for central bank digital currencies (CBDCs). According to the contest page, entrants can submit projects to three categories: interoperability, retail-facing, and financial inclusion. According to the contest rules, interoperability projects should involve solutions that help CBDCs bridge with other The post Ripple Launches Innovation Challenge for CBDC Solutions on the XRP Ledger appeared first on The Daily Hodl.

Ripple price analysis is bullish today as we have seen a strong decline over the last days leading towards the strong support at the $0.32 mark. Therefore, we expect XRP/USD to reverse soon and look to rally even higher later this week.

After the bulls pushed the price by 34% from the lowest mark in June, they retreated after reaching the first resistance zone. Ripple has spent the previous four days in red and has lost about 13% of its value as of this writing.