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Ripple (XRP) Makes Three New Wins – So Much for Controversy

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XRP
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Despite the recent controversy, numerous lawsuits, and a still ongoing question what Ripple (XRP) really is by nature, this coin continues to make new victories. The latest ones include XRP being listed in three brand new crypto exchanges, which are marking a whole new era for XRP.

Coinbase still ignores XRP

Ripple (XRP) seems to be on a roll lately, even with all the talks about its true nature that have had many people doubting it lately. If you are an XRP holder, you will be happy to know that this crypto has just managed to ensure three more listings, in some pretty reputable exchanges.

Of course, none of them is Coinbase, which is Ripple’s ultimate goal. However, there is still time for that to happen, and the more exchanges this crypto conquers in the process, the larger the chance that Coinbase will finally start seeing it as worthy.

After all, new exchanges mean new trading pairs, more exposure, and a larger liquidity for the coin. Eventually, Ripple hopes to dominate the market, and getting on Coinbase is what this crypto has set as its ultimate goal.

Three exchanges go for Ripple

As mentioned, Ripple has managed to charm three new exchanges: DX.Exchange in the EU, Australian The Cryptocurrency Exchange, as well as India’s Unodax.

DX.Exchange has released its announcement that it would list XRP and considering that it is one of the few exchanges that were regulated by the EU, this brings quite a large level of legitimacy to Ripple. The exchange is still relatively new and is currently being tested. However, its official launching date is July 25, which is only two weeks away. As soon as the exchange goes live, so will Ripple trading pairs, which gives this crypto something important to expect in the near future.

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Next, we have The Cryptocurrency Exchange. Despite the general name, this exchange is a big thing in Australia, and Ripple getting on its list will certainly improve this coin’s influence on the entire southern continent. This time, there is no waiting involved, and Ripple is already live on its list.

The third and final exchange that has decided to add Ripple, at least for now, is India-based Unodax. Not only did they add XRP to their list, but they even made it their base coin, together with Bitcoin (BTC) and Ethereum (ETH). This will allow Ripple to be traded in up to 17 crypto-crypto trading pairs.

Of course, considering that this is India’s exchange, Ripple’s future operations will need to find a way to comply with RBI’s recently released regulations. The regulations are pretty strict, and the crypto industry in this country has suffered greatly from that fact. However, as long as Ripple is willing to be traded on a crypto-crypto basis, the coin should not have a lot of problems.

Even with these successes, Ripple’s price is still not expected to react in any big way. In order for an exchange listing to seriously influence Ripple, the coin would have to get into Coinbase, as mentioned earlier. Still, getting listed in three exchanges with solid reputations is certainly not going to damage Ripple in any way, so we still consider this to be a large win for the coin.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Altcoins

Litecoin Cash (LCC): The potential mover?

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Litecoin Cash
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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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Altcoins

The Stage is Set for Stellar XLM vs XRP

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XLM vs XRP
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The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.

xRapid Factor

The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”

Stellar’s Cross-Border Payments

The news of Ripple launching xRapid has come 2 weeks after the Stellar project and IBM, announced that they were entering the industry of cross-border payments through their new service known as IBM Blockchain World-Wire. The new payment settlement service has been quoted as being ‘near instant’ meaning that it will probably rival the transactions time seen in the xRapid pilot tests of 2 – 3 minutes earlier on in the year.

Stellar Acquiring Chain

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