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📈 Price Predictions
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Top Crypto Price Predictions – Ripple, Bitcoin, Ethereum, EOS

  • Thomas Hughes
    📈 Price Predictions

    Euro Exim Bank reports it is the first bank to adopt Ripple’s xRapid technology, powered by the XRP token

Top Crypto Price Predictions – Ripple, Bitcoin, Ethereum, EOS
Cover image via u.today

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

 

Euro Exim Bank reports it is the first bank to adopt Ripple’s xRapid technology, powered by the XRP token. The bank’s head of operations, Graham Bright, said the company is working hard to ensure a smooth and trouble-free launch. Euro Exim Bank is part of a global organization of banks whose purpose is to facilitate cross-border payments and international business/trade.

“We had already created a cloud-based blockchain enabled trade finance application, so it was a quick decision to join other global Ripple participants for the first project, namely using the xCurrent service where institutions are able to instantly settle cross-border payments with end-to-end tracking and visibility.”

Ripple price prediction

The XRP/USD pair didn’t move much on the Euro Exim Bank news — it is still consolidating above the 0.2830 support line and looks like it could be gearing up for a major bounce. The 0.2830 line has been a key support for well over a year and could produce a strong, sustained bounce as XRP gains popularity and use around the world. In the near-term, XRP/USD may continue to drift lower until it retests support; long-term reversal and moves to 0.400 and 0.500 are expected.
XRP/USD chart

Bitcoin price prediction

Bitcoin continues to languish near the $3,400 level. The token is the world’s leading reserve cryptocurrency, but it has fallen out of favor, along with the entire crypto market, over the past year. A lack of regulation, particularly in the US, has inflicted serious damage to the market and may have paved the road for a deeper decline. The best target for strong support at this time is near $3,100 — if BTC/USD falls below that level, a move to $1,700 is likely.
 BTC/USD chart

Ethereum price prediction

The Ethereum blockchain and its native token ETH are set to move higher over the long-term once the Constantinople hard-fork is complete and scalability/security issues are resolved. Until then, ETH/USD is consolidating for a deeper push lower and possibly as deep as $80.50. The $80.50 mark is the long-term low and a likely point of strong support, so a solid bounce should be expected once it is tested. This move may be precluded by upgrades to ETH or US regulation if they were to occur before the retreat to support.
ETH/USD chart

EOS price prediction

The EOS token has been consolidating near the $2.40 level and looks like it could begin to drift higher. The EOS market has reached a point of equilibrium over the past month, and the indicators have since begun to turn bullish. Momentum remains weak but is to the upside, as is directional drift as indicated by the stochastic. A move up and above the short-term 30-day EMA would confirm this analysis and possibly lead the token up to $3.00 and then $4.00. The risk is Bitcoin Cash — Bitcoin Cash is just behind EOS in terms of market cap and could easily overtake EOS. A flippening would not be good.
EOS/USD chart

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About the author

Thomas Hughes is an executive editor of U.Today. He is a skilled cryptocurrency trader and technical analyst deeply immersed into the cryptocurrency & blockchain technology area.

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📰 News
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Ripple's XRP Is in for ‘Explosive Growth’, Prominent Venture Investor Tim Draper Says

  • Yuri Molchan
    📰 News

    A Bitcoin bull and investment guru Tim Draper predicts the calm before the storm for the XRP price, as “to call Ripple developers actions wrong is impossible”

Ripple's XRP Is in for ‘Explosive Growth’, Prominent Venture Investor Tim Draper Says
Cover image via en.wikipedia.org

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

When asking a question about when XRP is going to hit its quickest high profits in the quora.com forum, a user gets a reply from Tim Draper himself, who says that the XRP price is about to experience an ‘explosive growth’.

Tim Draper is pumping XRP

Tim Draper, a prominent venture investor and a Bitcoin bull, seems to be excited by the current Ripple expansion. Judging by his words, he is predicting the XRP to soar in the short term, calling it the calm before the storm or ‘explosive growth’, putting it a different way.

Tim Draper says:

“Looking at the three-time growth of Bitcoin over the past 5 months, one would expect a similar result from XRP.”

XRP should have already grown beyond $0.6 or even $0.9 by now, says the crypto investor, when talking about the results of recent Ripple’s expansions and the partnerships the crypto unicorn has initiated lately.

“The company is actively developing, expanding the sphere of influence, enlisting the support of large financial institutions and constantly improving the technology of transfers.”

Finally, he states:

“In addition, Ripple is owned by SBI, a large corporation with companies such as R3. Everything indicates that the current situation, only the calm before the storm, in our case, before the explosive growth.”

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Ripple Opens New Office in the Heart of Washington, DC, to Educate US Lawmakers

Ripple Opens New Office in the Heart of Washington, DC, to Educate US Lawmakers

Ripple expands to Washington, D.C.

Previously, U.Today reported that the crypto giant has decided to expand its presence to Washington, D.C., to be closer to regulators, as per the CEO Brad Garlinghouse, and educate them on crypto and the blockchain.

He stated to Forbes:

“We’re focused on maintaining a dialogue with Washington regulators and policymakers and being a resource to the Hill allows us to be easily accessible at all times.”

Apart from extending its arms to Washington, Ripple has joined the Blockchain Association.

 

What is your bet on the price moves XRP is going to take in the near future? Share your view in the comments section below!

In this Telegram channel you’ll find fresh news, interviews, infographics, forecasts & other helpful stuff. Join U.Today's channel.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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