Ripple Price Keeps Surging, Recording 10 Percent Spike in Merely Five Minutes

News
Tue, 09/18/2018 - 16:30
Alex Dovbnya
Ripple (XRP) is at the forefront of the ongoing crypto market recovery, witnessing more than a 10% spike in a matter of minutes. XRP price has recently surged above $0.30
Cover image via U.Today

Ripple (XRP), the third-biggest cryptocurrency in the world, is at the forefront of the ongoing crypto market recovery, witnessing more than a 10 percent spike in a matter of minutes. Subsequently, XRP price has recently surged above $0.30 for the first time in nearly two weeks (it was at $0.322 at press time).      

Recently, U.Today has also reported that Ripple’s new cryptocurrency project xRapid is already in the offing. That, combined with the upgraded XRP ledger, might be one of the primal reasons behind the abrupt increase of XRP price. However, the strange timing indicates that other factors might be involved as well.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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