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📈 Price Predictions
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XRP Price Prediction: huge profit warning detected. Ripple bulls in anticipation of rapid growth

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XRP Price Prediction: huge profit warning detected. Ripple bulls in anticipation of rapid growth
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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.

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Compared to other altcoins experiencing overwhelming growth during this bullish period, Ripple hasn’t made any significant steps up. Traders are a bit disappointed, but it’s not all lost yet – that’s what tradingview users think. So, will Ripple take the course on new price targets, or it’s doomed? Read XRP price predictions – you’ll be surprised.

We hope for high profits and low risk

It’s high time for trading!

Ripple (XRP) price chart from Cryptosuf

At the moment, XRP looks very good. The TF pattern looks like a descending triangle which would break upwards if we can see it hit E. It can also break up earlier but to be safe, a purchase in the green zone will help. Right now, it’s the perfect time for trading, so don’t miss your chance!

XRP/BTC is ripe for a breakout

Ripple can repeat the same pattern as in 2015-2017

Ripple (XRP) price chart from FlaviusTodorius67

So far, XRP is the only altcoin that hasn't yet risen much since BTC made the last low and started rising now. XRP seems absolutely unimpressed and the price didn't change much.

Let’s look at XRP/BTC price chart to understand why.

XRP/BTC is interesting: 95% of the time it keeps just going down, and then suddenly, it pops around the Bitcoin top making an insane rise!

We could see something similar happen as the last time. There is a large triangle within a falling wedge structure in 2015-17.

Right now, a new big triangle has formed which will soon end. If XRP/BTC breaks to the downside, we might see something very similar happen as in 2015-17.

If it breaks sooner to the upside, the idea is invalidated. There’s a potential for a sooner break to the upside because stock RSI is massively oversold on weekly.

What about long-term perspectives? XRP/BTC can easily reach peak values again in the next 2-3 years. If BTC is at 100k in 2021, XRP/USD could go as high as $25-35.

According to FlaviusTodorius67, XRP has an interestingly high potential ROI (even x100 is possible).  

A great opportunity to make some good gains

There’s still a chance for XRP to grow and reach $0.40

 

Ripple (XRP) price chart from Cryptosuf

Now we get down to the XRP/USDT chart. To get a better understanding of Ripple’s performance, let’s take a look at the fractal analysis performed by Cryptosuf. Both currencies had a handle after about 30-35% increases from the bottom of the rounded formation. Both have an ascending triangle looking in the middle (RED) between Adam and Eve.

That might seem strange, but Cryptosuf looks a great opportunity for gains in this fractal. It meets a lot of requirements. Thus, there’s still a chance for us to see Ripple crawling to $0.40 during this spring.

XPR to go up 60%?

XRP/BTC is likely to grow by 60%

Ripple (XRP) price chart from JessicaWhite

User JessicaWhite analyzed XRP/BTC chart and found out there’s a chance for it to grow by 60% based on the triangle formation.  According to her, XRP/BTC will grow to 0.00004381 in 21 days. Thus, it might be a good idea to invest now.

If you’re an advanced trader who prefers keeping assets in Bitcoins, you might increase your riches soon using Ripple as an instrument. Despite its slow growth in relation to the US Dollar, it might reach new heights on other markets.

XRP price charts are taken from TradingView

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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions.

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Company That Offers Free Bitcoin for Purchases on Alibaba Graces CNBC’s Top Startups List

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    Bitcoin startup has secured a stop among the 100 best startups with less than $50 mln in funding

Company That Offers Free Bitcoin for Purchases on Alibaba Graces CNBC’s Top Startups List
Cover image via u.today

Lolli, the cryptocurrency firm that allows online shoppers to get Bitcoin rewards, has made to this year's "Upstart 100" list published by leading financial media CNBC. 

In its celebratory blog post, Lolli states that it is the only Bitcoin-related company that made it to the list that features 100 venture-backed startups from various industries such as artificial intelligence (AI), cybersecurity, healthcare, and e-commerce.  

"So excited and proud of what Alex and I and our amazing team have built in such a short amount of time. Making the CNBC Upstart list is high praise and great for both us and bitcoin. Many thanks to CNBC and our Lolli community!" says Lolli CEO Alex Adelman.    

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These companies have been picked up based on numerous metrics that include scalability, sales growth, access to capital, etc. CNBC had to choose the most promising startups among 600 companies that raised less than $50 mln in funding, which means that they are yet to produce significant impact on their respective industries. 

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Speaking of impact, Lolli has recently grabbed headlines by securing a partnership with Alibaba on Singles Days, a popular shopping holiday in China that brought the retail giant $38 bln in sales this year. From now on, Chinese-Americans can purchase goods on the site and get free Bitcoin instead of mundane cash-backs.  

As reported by U.Today, London-based digital payment company Wirex recently launched a multicurrency travel card that also lets its users earn rewards in Bitcoin on all in-store purchases.     

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

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an 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.

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