XRP's short-term picture seems rosy enough, but is that enough to change what has been a disappointing long-term trend?
. Not only is the popular altcoin recovering somewhat on the price charts after a major bout of depreciation, but the blockchain firm made news after it
Finally, Ripple is also preparing to launch its RLUSD stablecoin for instant cross-border payments, with XRP acting as the bridge currency to provide liquidity.While other cryptocurrencies are hitting new all-time highs due to widespread adoption, XRP has remained stuck in a seven-year consolidation phase.
Looking at the charts, for instance, the descending triangle pattern seemed to suggest that the price may be more likely to drop further, rather than rise to new heights.
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