After a relatively calm week, XRP prices accelerated on Tuesday, making it the third-largest cryptocurrency by market capitalization. Meanwhile, Bitcoin Cash fell to fourth place.
The Ripple to USD exchange rate accelerated 9.25% to reach $0.200137. It was the first time that Ripple traded above $0.20 since China banned cryptocurrency exchanges. That regulatory crackdown wreaked havoc across the industry.
However, we wrote at the time (repeatedly, I might add) that Ripple was not as vulnerable to China’s regulatory environment as many investors seemed to.
The post Daily Ripple Price Forecast: As Predicted, XRP Prices Passes BCH appeared first on Profit Confidential.