As forecast in our Ripple Price Forecast and Analysis – August 21, 2017, the market could not remain oblivious to Ripple news forever. XRP prices surged 25% yesterday, returning the beleaguered cryptocurrency to levels not seen since late July.
Ripple was firmly lodged at $0.191714 at the time of writing.
Moreover, the XRP/BTC exchange rate continued to outperform the XRP/USD. Ripple gained 29% against Bitcoin, suggesting that even if investors are willing to walk away from BTC, they want to remain in the crypto market.
This is also evident in BTC dominance,.
The post Ripple Price Forecast and Analysis – August 22, 2017 appeared first on Profit Confidential.
Originally posted here:
Ripple Price Forecast and Analysis – August 22, 2017
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