What is the main cause that makes XRP prices rise significantly to reach the price of $ 0.41. Or indeed this is the impact of changes in the conditions of crypto market capitalization in the last few days. Give your opinion here about XRP and the latest news. Thank you all.
Maybe the sharp rise of bitcoin is causing this sustained rise of XRP, it is very normal, because Bitcoin while rising without making any correction, this causes the altcoins in general begin to be interpreted as a bullish trend, which generates in all the investors of both bitcoin and altcoins and XRP open step or green light to invest a lot more because the trend should be exploited.
This happens for that reason of the market that offers us, however, we must always emphasize that volatility can play good and bad moves, because many times the bitcoin can go back, and XRP will follow, because XRP has a graph similar to the bitcoin, but if the bitcoin movement is pushed up, XRP will take big jumps and its value will go up much faster.
That is what happened, due to a significant increase in the price of bitcoin. XRP is an altcoin which is one of the best among many coins. And I use XRP as a daily trade. Actually I was amazed to see the XRP that was very interested in cryptocurrency fans, it was clearly seen so that it was still in the top 3 coinmarketcap ratings. I am not wrong to choose XRP in trading.