Ripple has had a great year despite the ups and downs following the volatility of the crypto market recently. Right now, XRP has over 100 commercially deploying customers which is a major plus and a big benefit for the company.
Aside from relying on its customer base, XRP has made some strategic partnerships to make a boom. Most recently, Ripple made a partnership with American express which confirmed the brand as a reliable financial service.
It is a very useful tool for its customers at this moment, no matter what will or will not happen or develop in the near future. The good part is that these customers are actually one of the biggest financial institutions in the world, and the reason behind it is because of the 4-second transactions and low fees that are quite appealing.
According to experts and analysts, XRP has reached the first barrier after hitting $1. We should maybe expect to see some trading in the $1.25 – $1.35 range and this will help to harden the base before it takes another jump to $1.50 rank.
We should keep an eye on this particular cryptocurrency and wait and see what will happen. In the meantime read more about Ripple here: Ripple for June 2018
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