Ripple Value Explodes, Accused of Being Artificially Pumped
[Update: It has been found that Ripple have been experiencing a huge inbound money from companies all around the world, thanks to one of our readers. As for now, the accusation mentioning it to being artificially pumped stand nowhere.]. If the figures available at CoinMarketCap.com are to be believed, Ripple value went through a whopping 30% surge in between the November 26th and 27th trading session. The sudden price explosion helped Ripple to solidify its number two position, in terms of overall market cap. At press time, the approximate gap between the Ripple and Litecoin's market cap....
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Ripple trimmed its losses after bitcoin’s rally against the US Dollar. XRP price gained 30% and it is now trading well above the $0.5500 resistance level. Ripple started a strong increase from the $0.4350 support zone against the US dollar. The price is now trading well above $0.5200 and the 100 simple moving average (4-hours). […]
While the recent buzz on Bitcoin and Ethereum has gone cold as of late, Ripple has quietly been making quite a run within mainstream circles. Making fast friends within the banking industry of late, Ripple is starting to make an impact and may offer a future alternative to established global trading icons like SWIFT. However, something happened Monday morning that has never happened before in the history of Ripple. Here what we know so far. Trading doubles within a half an hour. According to CoinMarketCap, Ripple has reached a new all-time market capitalization high in early Monday morning....
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