Ripple Should Continue On Bullish January – XRP USD (Cryptocurrency:XRP-USD)

Ripple ended 2019 on a very solid note, with the parent company Ripple Labs securing $200 million in another round of investment which was to among other things, help drive massive expansion of the brand across the globe.

Investors seem to be responding to the positive developments in the Ripple project, as more companies sign up to use the platform for faster payments and remittances. So what is the outlook for Ripple as we head into the 2^nd month of the year?

Fundamental Analysis

Fundamentally speaking, Ripple’s latest price surge seems to be coming as a direct consequence of some of the strategic partnerships that it has entered into in 2019, as well as new ones that are being signed. The latest of these partnerships involves freelance marketplace GoLance. The GoLance platform has joined RippleNet and is therefore set to offer Ripple as a payment method to its 500,000 users across the world. This is going to increase adoption of Ripple and will provide an opportunity for the…