XRP Swells 13.06% in a Sharp Recovery as Ripple ETPs Take Off

Ripple was a big mover this Friday as the company saw its XRP price rise nearly 13-percent ahead of the European market open. The XRP-to-dollar rate today established an intraday high towards $0.372 at about 0515 UTC. Earlier the same day, the pair was moving downwards in a massive bearish correction wave that confirmed a reversal upon testing 0.329. The bounce back move came on a substantial volume with far more XRP changing hands against Tether’s stablecoin USDT, South Korean Won, and Bitcoin’s BTC. Data on CoinMarketCap.com reported that XRP-enabled pairs conducted $2.351 billion worth of trades in the past

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source https://www.ccn.com/xrp-swells-13-06-in-a-sharp-recovery-as-ripple-etps-take-off

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