{"id":381373,"date":"2019-05-08T18:00:38","date_gmt":"2019-05-08T18:00:38","guid":{"rendered":"https:\/\/wncen.com\/?p=381373"},"modified":"2024-06-11T19:20:20","modified_gmt":"2024-06-11T19:20:20","slug":"ripple-xrp-unresponsive-lagging-and-consolidating-above-30-cents","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-unresponsive-lagging-and-consolidating-above-30-cents\/","title":{"rendered":"Ripple (XRP) Unresponsive, Lagging and Consolidating Above 30 Cents"},"content":{"rendered":"
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Ripple (XRP) in an extended consolidation<\/em><\/li>\n
Technical reasons preventing RippleNet clients from upgrading to xCurrent 4.0<\/em><\/li>\n<\/ul>\n
For Ripple (XRP) demand, then more banks should use xRapid an \u201con-demand liquidity tool.\u201d Unfortunately, it is a handful of banks that use the solution as technical and legal reasons slow down adoption. Meanwhile, Ripple (XRP) is flat, ranging within a 10 cents zone with caps at 34 cents and 40 cents.<\/em><\/p>\n
Ripple Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Even though Ripple (XRP) is one of the most liquid assets in the sphere and the third most valuable, its performance in the last few months has been dismal. Perhaps they may be functioning as designed, acting as a settlement tool.<\/p>\n
However, it is clear that should Ripple (XRP) prices expand then not only will it benefit investors, but Ripple Inc that a big chunk of Ripple Lab\u2019s XRP will be in a better position to support projects around XRP use case through Xpring.<\/p>\n
Even so, before then Ripple Inc should increase their marketing, engage with central banks and individual financial institutions, create a perfect rapport with regulators and above all, convert as many FIs into using xRapid. That is now simple and because of xCurrent Ver 4.0 that allows xCurrent clients to incorporate xRapid, a solution that makes use of xCurrent rails introducing speed and efficiency.<\/p>\n