After several strong trading sessions, the Ripple to USD exchange rate moderated ever so slightly. It fell 3.87% to $0.193713, which shouldn’t be all that surprising.
Cryptocurrencies often rise, dip as some investors cash out their gains, and then rise again. It is cyclical behavior that long-term investors should take into account before putting their money in the sector.
Fortunately, the net result of this trend is usually positive over the long term. Ripple prices are up more than seven percent for the week and 2,870% for the year, which leads me to believe continued adoption of its technology will lead to further gains.
There are always massive swings along the.
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