XRP is a token for Ripple, a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc.
Price, 24h
0.4543 USD / 0.00005200
0.20% / 7.35%
Volume, 24h
1,316,427,362 USD
17,929,069,685 / 6.5%
Chart price/vol/NIS 7d
Asset details

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Alt Season 2.0: Ethereum and XRP Post 20% Gains, Litecoin and More Up 10%

At the start of 2019, altcoins like Litecoin, Ethereum, and XRP started to climb and show glimmers of hope that the bear market might finally be over, but a powerful parabolic Bitcoin rally sucked the momentum and capital right out of the altcoin market. But now that Bitcoin price is stagnating, altcoins are once again starting to rise, posting some of the largest gains seen in all of 2019. It’s caused even the most pessimistic crypto traders to consider that alt season may be finally upon us. Ethereum, XRP, and Litecoin Lead Alt Season 2.0 Alt season has become a bit of a meme throughout the bear market, with crypto analysts loudly calling for one each and every time altcoins begin to bounce during their continued downtrend. And each and every time altcoins eventually get swatted back down to continue the bleeding. There are presently only two alt coins in the red on Binance. It’s alt season 2.0, and has been for a while. Get it while it’s hot. — The Wolf Of All Streets (@scottmelker) September 18, 2019 But as the saying goes, this time may be different. Altcoins are bouncing from long-term support, and the rallies are showing exceptional strength, and are even continuing to rally while Bitcoin struggles with overhead resistance – something not seen for much of 2019. Related Reading | Bitcoin Stagnant in Short Term Could Lead To Mini Altcoin Season Ethereum has been leading the charge, with as much as 20% growth. XRP , one of the worst-performing crypto assets of 2019, has also gained around 20% even as sentiment surrounding the altcoin hits an all-time low.  EOS and Dash are also up by a similar margin. Past 7 days… Ethereum, EOS, Dash, and XRP are up about 20%. Litecoin, Cardano, Tron, Tezos, and IOTA are up about 10%. Bitcoin is up 0.5%. pic.twitter.com/l8NzN7hdFl — Mati Greenspan (@MatiGreenspan) September 18, 2019 Litecoin, Cardano, Tron, Tezos and IOTA, and others from the top 20 crypto assets by market cap are also up by about 10% or more. Stellar, which has plummeted further and further throughout the bear market spiked by 40%. The boom in altcoins is due to extremely oversold conditions, and a breakdown in Bitcoin dominance – a metric that weights the king of crypto against the rest of the market. But depending on the type of formation that BTC dominance is in, it could spike back up, wiping out any gains altcoins have seen during this rally. Enjoy your #ALTs, but remember…. There is a BIG chance that this #Altseason won't last that long…#Bitcoin probably gonna f*ck things up end November! imo it's till aiming for that 78% Dominance pic.twitter.com/k1aHhambSg — 𝓥𝓮𝓵𝓿𝓮𝓽 (@888Velvet) September 17, 2019 If this happens, the current alt season will be short-lived. Yet another glimmer of hope, followed by disappointment could be extremely damaging to the altcoin market, as sentiment is already at extreme lows. Related Reading | Crypto Crisis: Pro Trader Compares Altcoins To Crushing Student Debt Even if altcoins do rally further, it may not be enough to ever fix the negative sentiment left over from the brutal bear market, as most of these assets have over 900% to go in order to return to their previous all-time highs after retracing as much as 90% or more. Alt-coin's rallying. Cool, only 900% to break-even. — Bob Loukas (@BobLoukas) September 17, 2019 Whatever happens, altcoins like Ethereum, XRP, and Litecoin are currently booming and the crypto market is watching closely for confirmation that it’s the real thing, of if this yet another bounce for the altcoin market that results in yet another rejection from seemingly unstoppable BTC dominance. Alt Season 2.0: Ethereum and XRP Post 20% Gains, Litecoin and More Up 10% was last modified: September 18th, 2019 by Tony SpilotroThe post Alt Season 2.0: Ethereum and XRP Post 20% Gains, Litecoin and More Up 10% appeared first on NewsBTC.

Ripple Transfers 30 Million XRP to OTC Wallet Following Recent 16% Price Rise

Ripple has released another bunch of XRP into the market just hours after the crypto’s market value had gone up by more than 16%. According to Beincrypto, Ripple released about 30 million XRP worth about $8.5 million into its OTC distribution wallet. In the recent past, Ripple has come under sharp criticism as its XRP […]
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With Latest Rise, Stellar And XRP Move As Twins

Stellar‘s price action today is…pretty stellar. XLM is leading the markets, having surged by as much as 40% since yesterday morning. After trading for around six cents for most of the past month, the fast-payments token has broken out of its tight range, to surge past $0.09 before starting to decline. Prices for Stellar lumens have since slipped backwards: XLM was trading at $0.78 at the time of writing. That’s still an increase of nearly $300M in market capitalization, allowing Stellar to edge past Monero and Cardano to re-enter the top ten.   Source: CoinMarketCap However, it’s still unclear what’s behind the surprise pump. Most cryptocurrencies are highly correlated, and altcoins tend to follow the price of Bitcoin (BTC) during bear markets. But some cryptocurrencies have closer links, and those relationships can change over time. As the graph below highlights, the coefficient of correlation between prices for XLM and XRP has increased dramatically over the past month.   Source: Coin Metrics   That comes at the same time that the correlation between XLM and BTC has dropped. Since the beginning of May, as Bitcoin began to climb towards $8,000, Stellar’s correlation with BTC fell, while its correlation with XRP increased.   Source: Coin Metrics Why is the Stellar price correlated to XRP? XRP and XLM have a lot in common, both historically and with respect to their intended markets. Both were originally designed as fast and highly scalable remittance and settlements solutions and the founder of Stellar, Jed McCaleb, was also one the founders of Ripple Labs, XRP’s creator. McCaleb left Ripple to create Stellar Lumens in 2014 and the Stellar software is often described as a fork of XRP’s. With a shared fate between the two digital assets, it’s unsurprising that their prices have a tendency to move in tandem. Given that the two assets are highly correlated, it’s likely that bullish news for one will also affect the other. The XRP price is also up, currently trading 9% above its value yesterday.   Source: CoinMarketCap One of the most intriguing things about this rally is the absence of an obvious catalyst. However, sharp-eyed Ripple-watchers have observed that the rise came shortly after Ripple Labs moved 30M XRP tokens (worth approximately $9.3M at current prices) into its OTC Distribution wallet late last night. 30,000,000 #XRP (8,561,935 USD) transferred from Ripple to Ripple OTC Distribution wallet Tx: https://t.co/iyv1nQfyyH — Whale Alert (@whale_alert) September 17, 2019 Although Ripple Labs has distanced itself from XRP, the company is responsible for the escrow accounts that hold the XRP not in circulation. One billion XRP are released for sale, mostly directly to institutions, at the beginning of each month. Ordinarily, a large movement from Ripple’s XRP wallets would indicate an oncoming sell-off, which would have a depressive effect on XRP’s price. But the latest move comes in the middle of September and is far below the billion dollar mark–suggesting that these XRP did not come from the company’s escrow accounts. Ripple’s CEO Brad Garlinghouse has previously defended the company’s XRP sales, saying that they allow the company to improve the infrastructure of the XRP ecosystem. With the company expected to reply tomorrow to legal complaints from unhappy investors, markets may be regaining confidence in Ripple’s ability to promote the token. There’s still no certainty about why XRP is up. But judging by the strong correlations between XRP and XLM, it goes a long way towards explaining the Stellar price.     The post With Latest Rise, Stellar And XRP Move As Twins appeared first on Crypto Briefing.

ETH, XRP, And XLM Surge Revives Altcoin Bullish Sentiments, Is This The Return Of The Altseason?

Altcoins have surged overnight and revived bullish sentiments around them. For the last few weeks, altcoins have struggled to rally. This has been a consequence of investors heavily investing in Bitcoin. This has seen the crypto leader garner more than 70% of the market dominance in recent times. With Bitcoin seeming to slow down, altcoins have seized the opportunity to get back up. Leading the bullish move are some of the highest-rated coins. Surging by more than 10%, ETH, XRP XLM, and TRX are leading the newly found path. Stellar’s XLM is the top gainer in the top 20 coins reaching as high as 30% in the last 24 hours. Ripple’s XRP has come second hitting highs of 15%. ETH and TRX, on the other hand, have not hit double digits but are trading more than 7% above recent ranges. Other altcoins are enjoying gains ranging from 2% to 15% which have added up and seen the total market cap climb above $270 billion. More importantly, the revived sentiment has seen investors begin moving to altcoins. Bitcoin dominance which has been above 70% for sometime has fallen to 67.5%. Back when the altseason was at its height, Bitcoin dominance was in the lows of 55%. This means there is still a long way to go before altcoins can begin rallying as high as they did at the beginning of the year. Altcoins Still A Long Way From All-Time Highs, Time To Catch Up With Bitcoin Altcoins are not only far from enjoying the dominance they want but also far from respective all-time highs. Bitcoin gains in 2019 have seen the asset reach $10K, just 50% from its all-time high of $20K. No other cryptocurrency has come this close to its all-time high. Nearly all altcoins remain more than 80% below their record highs. As a result, most projects have stalled in terms of development with investors scarce, further damaging prices. If this is to turn around, dominance needs to climb, prices will follow and development becomes rapid. The post ETH, XRP, And XLM Surge Revives Altcoin Bullish Sentiments, Is This The Return Of The Altseason? appeared first on ZyCrypto.

XRP Goes Boom Amid Rumors Of A Ripple-Coinbase Partnership

From an investor’s point of view, 2019 hasn’t been nice to XRP. A lot of XRP whales are said to be down by 90% from the value highs of 2017. Some fans have even threatened to fork XRP. However, the last few hours seem to have brought with them a new revival for XRP. Within hours, the crypto had a 20% surge, putting the price at around $0.31 a piece. XRP Chart By Coin360 The Partnership  As usual, traders and analysts have made efforts to explain the sudden surge, especially given that just a few days ago, some analysts had expressed a level of pessimism, saying the price could drop to $0.25. Well, apparently, rumor has it that Ripple has inked a deal with Coinbase, making the exchange the de facto originator for XRP tokens used by MoneyGram for cross-border transactions in places like Mexico. It’s already within the public domain that Ripple and MoneyGram are now buddies after they entered a deal where Ripple invested millions in MoneyGram. MoneyGram has also expressed interest in adopting XRP as the base currency for cross-border funds transfer.   Bitcoin Looks Frail A quick look at the data on CoinMarketCap reveals that XRP isn’t the only altcoin currently having some good times. Stellar Lumens, too, has surged, making the two cryptos the biggest gainers among the top 20 coins. Also, it seems that the rest of the altcoin market is following suit.  On the other hand, Bitcoin, the market leader, hasn’t quite responded to the market-wide stimulus. Indeed, Bitcoin’s market dominance has dropped from the previous 70% to around 67%. At the time of this writing, Bitcoin shows a mere 0.07% green percentage as compared to XRP’s 13.44% and XLM’s 30.55%.  Is Alt-Season Here? The current market dynamic has many wondering whether the long-awaited “alt-szn” is finally here. Indeed, the fact that the whole of the top 20 coin range is in the green makes it suggestive. However, it’s still early to determine whether or not this price-action will last. Time will tell. The post XRP Goes Boom Amid Rumors Of A Ripple-Coinbase Partnership appeared first on ZyCrypto.

Ripple Price Analysis: XRP Skyrockets Above $0.30, Is The 2019 Altseason Finally Here?

XRP saw a 22% price increase over the past 3 days which allowed it to get back above the $0.30 level to where it currently trades at $0.307. The cryptocurrency has seen a further 14.5% price hike over the past 24 hours, making it the strongest performing coin out of the top 5 projects. The latest surge might have been propelled further by the announcement of Line’s new cryptocurrency exchange. Operated by LVC Corporation, a subsidiary of LINE, the Japanese-based cryptocurrency exchange, BITMAX, has gone live today with XRP accepted as one of the tradable coins. It’s not just Ripple that’s in the green today, as all of the large- and mid-cap cryptocurrencies are marking substantial gains.  XRP remains the third-largest cryptocurrency with a market cap of $13.45 billion. Looking at the XRP/USD 1-Day Chart: Since our previous XRP/USD analysis, the cryptocurrency climbed above the 2-month-old falling trend line and started its ascension higher. In today’s trading session, XRP has managed to break above the 100-days EMA as it meets resistance at $0.3216. From above: The nearest level of resistance lies at $0.32 and $0.3216. Above this, resistance is expected at $0.3288 and $0.33 (200-days EMA). If the bulls continue higher, resistance is located at $0.3364 (bearish .382 Fib Retracement), $0.34, $0.35, $0.3628, and $0.37. From below: The nearest levels of support lie at $0.3150 and $0.31. Beneath this, support can be found at $0.303, $0.30, $0.2890, and $0.2811. The trading volume has increased significantly over the past 2 days. The RSI is currently in extreme overbought conditions which could suggest that the bulls need a break. However, in extremely bullish conditions, the RSI can remain overbought for days without needing a retracement. Looking at the XRP/BTC 1-Day Chart: Against Bitcoin, XRP has smashed above the previous resistance at 2570 SAT and continued higher to break above 3000 SAT to where it currently trades at 3130 SAT. This latest price increase is the reason as to why XRPUSD is surging so much! From above: The nearest levels of resistance lie at 3271 SAT and 3280 SAT (100-days EMA). Above this, higher resistance is located at 3375 SAT, 3500 SAT, 3568 SAT (bearish .382 Fib Retracement), and 3666 SAT.  From below: The nearest level of support lies at 3000 SAT. Beneath this, support lies at 2798 SAT, 2710 SAT, 2600 SAT, and 2455 SAT. The trading volume has also seen a significant surge over the past 3 days. The RSI has also reached overbought conditions which tell us to remain slightly cautious. Furthermore, the Stochastic RSI is primed for a bearish crossover which could result in a small retracement. The post Ripple Price Analysis: XRP Skyrockets Above $0.30, Is The 2019 Altseason Finally Here? appeared first on CryptoPotato.
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HUGE Altcoin Updates! Stellar, Binance US, Tomochain, Digibyte, NEO, Monero, Bitcoin Bakkt

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