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NewsBTC 2022-02-11 17:52:15

Ripple Getting Bullish, Positive Trends Point To A Solid Year For XRP

Today’s Ripple price analysis is rather cloudy, and analysts are expecting the market to reverse course near the $0.90 level. After being dragged down from recent highs, the XRP/USD pair may be on the verge of a new bottom. Ripple’s market value is increasing over the last several days, with the price of Ripple climbing to roughly $0.88 before sliding down to Friday’s $0.83 level. Compared to Bitcoin, XRP is up 5.62% in the XRP/BTC trading pair for the day. Crypto analysts project that this is only the beginning of a long-term positive trend they expect to continue in the coming days. In the meantime, the XRP/ETH trading pair is up 6.83%. After a recent surge in value, Ripple has recovered its place as the sixth-largest cryptocurrency globally. XRP Seen To Regain Solid Grounds XRP is now overtaking Cardano and Solana in market cap. The price of XRP is seen to return to the $1 mark over the next few weeks, market observers said. The price of Ripple is seeing an upward trajectory as traders look for bargains in the current trend. The market capitalization has grown recently and should continue to do so over the next few days. XRP total market cap is at $38.87 billion in the daily chart | Source: TradingView.com Related Reading | Ripple Had Its Strongest Year Ever Despite The Sec’s “Attack On Crypto” Optimism On Lawsuit Victory Causes Spike? XRP is being (allegedly) marketed as an unregistered investment by ...

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