Ripple News Update
As Ripple enters its first week above $0.70, trading volumes started to recede beneath $1.0 billion. This could pose some problems down the road.

High trading volumes are generally associated with ascending prices, or at least that’s been our observation of crypto markets. It’s one of the metrics we look for, and believe me, it’s served our readers extremely well.

For example, when XRP was languishing at $0.20, we recommended that investors pay attention to rising volumes. These were, we said, an important signal for the currency.

We also pointed out that Ripple had locked up 55 billion XRP, opened a payments corridor for American Express.

The post Ripple Price Prediction: XRP Holds Above $0.70 Despite Falling Volumes appeared first on Profit Confidential.

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Ripple Price Prediction: XRP Holds Above $0.70 Despite Falling Volumes