XRP price, charts.

IconXRP icon
SymbolXRP
CurrencyXRP
Price0.374
Change 1h-0.66%
Change 24h1.10%
Change 1w-2.80%
24 Hours Low/High0.364 / 0.382
Circulating Supply40 327 341 704 XRP
Maximun Supply100 000 000 000 XRP
Updated atMay 24, 2019, 1:16:39 PM
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Ripple

Ripple is one of the most important crypto currencies in the world market. It has marked the contemporary history, occupying the attention for being the crypto currency that has grown more than 36,000% in a year. It was in 2012 when was launched its main objective: to provide "global financial security operations, instantaneous and almost free of any size and without refunds".

It is important because this system provides a new way of buying and selling, activating the monetary flow worldwide. This is something that can mean the change in the equation of supply and demand for banking, and the decrease and even the elimination of inflation. It’s great, and simply, it is one of the safest protocols ever written.

Ripple is fantastic in all aspects, although there are dilemmas in terms of its use, it means the future of the global economy. The new technologies, the expansion of companies, and of course the universal exchange systems generate more competitive and more dynamic economies.

History of Ripple

When navigating the history of Ripple, it can be said that its beginning was before the launch of Bitcoin. Ryan Fugger was who created it 14 years ago. In 2004, he worked in a 'local exchange system' in Vancouver. This was his inspiration to develop a platform of decentralized creation which offered financial sovereignty as well as the possibility for anyone to "be their own bank". So it launches the first functional version of the platform with the name of Ripplepay.com.

Ripple was then acquired by the Ripple company, and it has come to be what it is nowadays. Its growth is extraordinary, and is currently adopted by companies such as UniCredit, UBS and Santander. Its speed of payment, technological stability and the ability function as a bridge currency.

Ripple Objective

The objective of Ripple is to create a decentralized platform that allows economic transactions from anywhere in the world. As a form of update chord to the era of the interconnected world or globalization without the control of any organism, and avoiding the big blockages and systems of commissions

Ripple Features

The feature that best identifies Ripple is the speed of its transactions. That is why it keeps growing in the world panorama. A transfer can take several days to complete, in Ripple only takes 4 seconds. To compare, other crypto currencies such as Ethereum take 2 minutes, and Bitcoin takes 30 minutes.

Ripple is leader in the volume of transactions that can be performed because it can reach 1500 transactions per second. It is optimal and effective because it allows a lot of fluidity at the time of managing large operations anywhere in the world.

Operation of Ripple

Ripple is a database which has total access and willing of the public to share. The database has an account book that monitors the accounts and balance sheets, therefore, at the time a person wants, it can go to the base and see the books as well as the record of all the actions in the net.

It works under the principle of decentralization because distributed networks are more effective and powerful than centralized networks. It has an option called "Self-Cleaning", which eliminates the commissions of the corresponding blocks which has a lack of a single point of failure. In addition, it has an open source code that is much safer.

Ripple the Universal Converter

The universality of Ripple is fascinating because it is compatible with any currency. It allows its users the choice of any currency without being bound to a particular currency adapted to the user preference and need. It is spoken of a universal converter because any type of currency chosen, transactions can be made in other currencies. However, the Ripple network "converts" the currency by routing orders through the market makers who compete to win buy / sell spreads.

5 Reasons to keep in Ripple

  1. First, the predominance of Ripple. The investors in this network include globally recognized venture capital, companies, and strategic investors such as the Santander group, Accenture, SBI Group, among others.
  2. The bank supports the future complementation of RIPPLE Technology; therefore, there is a good hope for the future and the permanence of Ripple for many years.
  3. Its value is not in the Currency, it's in the technology. It has a futuristic vision; it is in line with the current moment which means that it is in favor of technology development.
  4. Ripple is a risk-backed company with offices in San Francisco, New York, London, Luxembourg and Sydney.
  5. RIPPLE owns 61.6% of its currencies which demonstrates the trust that this company has over the value they will have in the future.

Technical analysis

PeriodRSISTOCHWILLRCCIROCTotal
Timeframe: 1 HourBuyBuySellBuyNeutralBuy
Timeframe: 4 HoursBuyBuySellBuyBuyBuy
Timeframe: 1 dayNeutralSellSellNeutralSellSell
Timeframe: 1 weekNeutralSellSellNeutralBuyNeutral

XRP Chart

XRP Exchange

#MarketCurrency pairPriceVolume 24h
1BinanceXRP / USDT$0.373$43 138 983
2bithumbXRP / KRW$0.377$40 591 625
3Huobi.proXRP / USDT$0.373$35 111 357
4HitBTCXRP / BTC$0.374$32 217 111
5HitBTCXRP / USD$0.373$31 644 502
6Zb.comXRP / USDT$0.375$23 372 418
7Zb.comXRP / BTC$0.375$23 102 972
8BinanceXRP / BTC$0.373$21 798 578
9CoinBeneXRP / USDT$0.372$17 704 401
10CoinBeneXRP / BTC$0.373$15 031 679
11BiboxXRP / USDT$0.373$9 541 759
12BitstampXRP / USD$0.374$8 861 579
13GdaxXRP / USD$0.378$8 105 294
14Huobi.proXRP / BTC$0.373$7 061 078
15BitfinexXRP / USD$0.375$6 679 755
16BitstampXRP / EUR$0.374$2 323 338
17BiboxXRP / BTC$0.373$2 241 676
18BinanceXRP / BNB$0.373$1 914 418
19BinanceXRP / ETH$0.374$1 681 104
20ExmoXRP / ETH$0.373$1 611 788
Showing 1-20 of 55 items.

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