Zorax/XRPCRYPTOCAP:XRP
Hi everyone!
Today we’re analyzing a very unusual cryptocurrency named Ripple. If you take a look at the chart, you can remember how Ripple grew in December 2017. All the news was saying that Ripple was establishing partnership contracts and claimed to be one of the most successful coins in 2018. This caused a reaction of the masses, and people began to buy Ripple hoping to be the lucky ones to purchase a “new Bitcoin” everyone can afford with an expected price of $600.
And that’s precisely what happened. Those who knew about the coin’s pump were able to increase assets by two or three times. But later, at the beginning of January, those who believed in Ripple’s further growth were very surprised to discover the exchange rate falling from $3. What happened after that? Well, everyone thought in currency growth, but it didn’t occur.
There were, nevertheless, news about establishing new contracts with banks and different structures, and mass media showed interest to Ripple, which led to another pump and growth. Take a look at the chart, and you’ll see the regularity: one factor which was a partnership influenced every rise and fall. But there it was – sometimes these relations brought the opposite effect.
Owners can also influence XRP price by keeping the significant share.
Now Ripple is on the second line on CoinMarketCap by overtaking Ethereum.
How do we know what happens the next month? Are there any other factors influencing the exchange rate?
Zorax knows the answer.
How does that work?
We use AI Zorax to analyze more than 200 factors basing on which we can predict the future of a coin. To learn more, watch the video -
www.youtube.com
Note: The AI algorithm does not give accurate forecasts and guarantees concerning the coin price changes and can make a mistake.
Our website:
cryptoindex.io
You can always check the current CIX100 composition at our MVP platform: cryptoindex.ai
Subcribe on our social media:
Telegram t.me
Linkedin - www.linkedin.com
Twitter - twitter.com
Facebook - www.facebook.com
Steemit - steemit.com
Reddit - www.reddit.com
Medium - medium.com
