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XRP Price Prediction: Will XRP Break $0.35 Resistance? No Silver Lining in the Cloud Is Found
XRP Price Prediction: Will XRP Break $0.35 Resistance? No Silver Lining in the Cloud Is Found

CCXCanada Hints at Listing XRP as Base Currency

  • Alex Morris
    📰 News

    CCXCanada follows the lead of other cryptocurrency exchanges by planning to list XRP-based trading pairs

CCXCanada Hints at Listing XRP as Base Currency
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CCX, Canadian cryptocurrency exchange, is prepping to list XRP as its base currency, a recent tweet reveals. Currently, the exchange is asking for its users’ suggestions.

XRP

A New Year's present

The community only implicitly mentions the possibility of listing XRP-based pairs by using the conditional tense. However, it becomes clear that an official announcement is already in the pipeline (presumably, CCX will reveal its hand in Q1 2019). The members of the XRP community are already licking their lips in anticipation, asking the exchange to add all top currencies.

On Dec. 26, CCX also made headlines after adding the XRP/CAD trading pair, pleasing the local Ripple community.   

A listing spree

Making XRP a base currency has seemingly become a new trend in the cryptocurrency space since there has been a slew of similar announcements as of recently. Binance is supposedly a trendsetter – the biggest exchange in the world by trading volume had been hinting at making XRP its based currency for months before making things officially. Eventually, that instantly triggered a huge spike in the price of the second biggest currency by market cap. During the same day, BTCEXA, a major Australian exchange, came up with a similar announcement.

Speaking of more recent news, Bitrue is planning to onboard more XRP-based currencies in 2019. Notably, just like CCXCanada, it also relied on its community to decide what specific pairs should be listed.

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XRP Price Predicted to Stay in a 4-Cent Channel — What Needs to Happen for Coin to Rally

  • Jack Thomas
    🤷 Opinions

    ✋👀🔥XRP’s price has found a spot between $0.30 and $0.34 that it is having problems breaking above, as well as below; what can trigger a move?

XRP Price Predicted to Stay in a 4-Cent Channel — What Needs to Happen for Coin to Rally
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Ripple and its native token XRP have had a busy time in 2019 with a number of big and key partnerships being formed, however, the movement in price of the token has been relatively disappointing, getting stuck in a channel of about four cents.

Ripple has been aiming itself at being the best answer to a digital asset that can be used in interbanking conditions as well as across borders; because of this, the company has been seeking out major companies and financial institutions to align itself with.

This is a good move from a cryptocurrency and blockchain startup, showing positive growth along its roadmap. However, even with these good news boosts, the price of XRP has struggled to move out of this spot between $0.30 and $0.34.

Things like being listed on Coinbase Pro as well as popularity across investors in the general market have hardly shifted the price, so the question needs to be asked: what will it take to move and shake the XRP price?

No news boost

Ripple’s performance has been dismal and lagging in the last few days. On the one hand, there are expectations that prices will head higher once Bitcoin recovers, but Ripple itself will not want to be so tied to the decentralised major cryptocurrency.

It has been building its own base up with the Coinbase listing and plans of venturing into the multi-billion gaming industry via Forte, but that has not pushed the price of the coin above $0.34.

News in the past year, through the bear market, was struggling to have an effect on the price of certain tokens, unlike in 2017 when the market was extremely bullish. Now, there is a small change in the sentiment, with some people calling it the beginning of crypto spring, but it has not been strong enough to ride on the good news that abounds.

What will it take?

The assertion that Bitcoin will lead the rest of the market is a tried and tested one. When Bitcoin is rallying, the remaining coins near the top of the Coinmarketcap rankings are never far behind. However, there has been talk of an altcoin season leading the way into crypto spring.

Certain altcoins, like Litecoin, Binance Coin, and EOS for a small portion of an example, have seen a successful beginning of 2019, and have been part of the reason why Bitcoin now finds itself over $4,000 for the second time since November last year.

If XRP was able to break its strong ceiling and get past the $0.34 mark in one of its own rallies, it may well be able to stay there with the strong altcoin sentiment at the moment. But, what it needs to get above that mark is still very unknown.

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