Ripple Has Declined by a Marginal Faction, Awarded as One of the Top Start-ups by LinkedIn

  • Ron Hammond is the new Manager of Government Relations for Ripple. He has enormous legislative experience and will help in drafting the Token Taxonomy Act.
  • Ripple (XRP) has been awarded as one of the top start-ups by LinkedIn.

Ripple Price Analysis and Forecast:

On August 11, Ripple (XRP) was trading around 0.3055 USD. However, in a period of 25-days, the crypto has declined by a margin of 15.84%. Nevertheless, In the weekly chart, the altcoin has made a slight bounce-back of 1.49% from the trading price of 0.2534 USD on August 30. If you take the intraday trading into consideration, there was a slight decline in the coin. The digital coin opened trading, on the other day, at 0.263185 USD and with a slight dip of 1.25%, wrapped the day at 0.259905 USD.

Ripple (XRP) is a coin with firm fundamentals, and it might trade around $1 by the end of the year. Currently, the crypto is facing resistance at 0.26 USD, and additionally, the support level is at 0.249 USD,

XRP to USD Price Comparison:

Ripple Price

Ripple is partnering at a fast pace with various financial institutions all over the globe. As par speculation, if the foundation goes into its next phase of transition, the coin will have coverage on more than 90% of global financial institution.