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XRP Price Prediction: What to Expect in the Next 48 Hours

Published 01/27/2023, 03:47 PM
Updated 01/27/2023, 04:15 PM
XRP Price Prediction: What to Expect in the Next 48 Hours
XRP/USD
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  • XRP’s price has fallen 2.31% over the last 24 hours.

  • The token’s price has successfully breached an ascending wedge pattern’s base.

  • The price of XRP may rise in the next 48 hours.

Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. It was first released in 2012 and was co-founded by Chris Larsen and Jed McCaleb.

Ripple’s main process is a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and security transfers, which is used by banks and financial middlemen dealing across currencies.

The token used for the cryptocurrency is premined and utilizes the ticker symbol XRP. Ripple is the name of the company and the network, and XRP is the cryptocurrency token. The purpose of XRP is to serve as an intermediate mechanism of exchange between two currencies or networks – as a sort of temporary settlement layer.

InstrumentPredictionConfidence (%)Date Range
XRPUSDBUY 66.41 2023-01-27, 02:00:00 – 2023-01-29, 02:00:00
GRW Market Analysis Software signals XRP as a sell(Source: GRWCoin)

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