Ripple price is struggling to gain bullish momentum against the US Dollar and Bitcoin. XRP/USD may continue to consolidate below $0.5200 for the next few sessions.
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Ripple Price Analysis: XRP/USD Sellers In Control Below $0.5200 | NewsBTC
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Ripple has gained momentum in the present market and seems to be less volatile than it was before. But, we surely will enter bullish trend once bulk transactions are done using XRP by its banking partners as we known some XRP is burned in every transactions. thus, reducing the supply and increasing the volume will lead to gain in its price significantly.
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Exact everything is controlled in ripple
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As far as I see, the value of XRP now is 4.78% short of yesterday´s market valueI. it is still gaining momentum compared to last month´s sideways movement which is a good sign that Ripple is recovering a bit
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