RATE Group | Low XRP Price Has Two Possible Main Reasons: Mati Greenspan
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Low XRP Price Has Two Possible Main Reasons: Mati Greenspan

30 Dec Low XRP Price Has Two Possible Main Reasons: Mati Greenspan

Posted at 08:55h in Cryptocurrency News by

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Contents

  • ‘Two main issues to do with Ripple and XRP’
  • ‘XRP, BTC lack just one thing to make the perfect crypto’

The price of the third largest cryptocurrency, XRP, has not been doing well throughout 2019. Having started the year from a $0.37 high in January, it only touched the $0.48 briefly on June 23. Last time it so a high close to that level was November 6, when the XRP price reached the $0,30 mark.


Since then, it has been breaking downwards, going below one psychological levels after another – it first went under $0.25, then dropped below $0,22. Since about December 8, XRP has been trading below that level – firmly sitting in the $0.19 area.

Image via CoinMarketCap

When asked by a crypto enthusiast, why that is happening, the founder of Quantum Economics, trading expert and analyst Mati Greenspan, said that there are two possible reasons for that.


‘Two main issues to do with Ripple and XRP’


The question to the expert crypto…

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