Ripple increased by 100% in 24 hours !!
For those recently bought from the Ripple, are you fine? Ripple has increased in the last 24 hours by 100% !!
Trade at the time these lines are written at 0.7486 USD
In addition, its market capitalization rose to $ 28.384 billion.
Ripple has moved to the top position in the cryptocurrency market.
Thus on December 12, the consolidation between 0.15 and 0.13 USD ended in a break up.
Obviously, this increase is due to the accumulated general demand of Altcoins as an alternative to Bitcoin. This progression to a very large number of cryptocurrencies.
In addition, another reason is more likely than probable: Japan and South Korea have tested cross-border bends with the Ripple system.
That's why South Korea has the largest volume of transactions with 35% in the last 24 hours on the Bithumb platform.
Nevertheless, if we observe the Ripple curve, we see that this rally indicates overbought conditions, which gives some probability of a decline to 0.50 USD.
Ethereum and Dash are approaching 1000 USD
As for the Ethereum, today it has reached $ 684.31. There is not much way to go for the 1000 USD mark.
These increases are nonexistent to this week's announcements by some European banks, such as the Swiss bank UBS, to use the Ethereum system in accordance with legal procedures, which take effect on 3 January.
As for Dash, in a crash course in recent weeks, there is only 115 USD to break the same 1,000 USD mark.
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Disclaimer. This content is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell any security or digital asset. Past performance does not guarantee future results. Cryptocurrency investments are subject to high market risk and volatility.