XRP is moving ahead of the rest
of the cryptocurrencies in the market in terms of providing its customers with
fast and low-cost transactions. This is
an efficient use than mere speculative applications for which cryptocurrencies
are mostly used for.
Despite the practical use provided by the token, the price of the token has dropped, while tokens like Ethereum managed to make some decent gains. There is a widespread assumption about the cost of the XRP having a positive correlation concerning the real-world usage of cryptocurrencies.
On the other hand, the number of
investors who are willing to capitalize on the volatility of the token price is
increasing. Several hundred rivals to the Bitcoin with extraordinary volatility
are also looking upon by investors for this purpose. XRP is now involved in participating in
mainstream finance and commerce.
EOS, the Ethereum competitor in
terms of the smart contract, is lagging behind several other coins. Analysts
predict that the EOS might touch 0.00044.
We need to see if EOS will break out beyond the first resistance area
and move towards the second one.
Stellar Lumens has surpassed
$0.062 target with 1.52% in gains over the past 24 hours. The medium-term outlook for XLM is
bullish. Investors are considering to
have a long term perspective concerning XLM.
Those who are looking to buy
Cardano can buy it on Binance, HitBTC, Bittrex Exchange using the permitted
payment methods in those exchanges. The
Cardano team provides Daedalus, which is the only wallet in which you can store
ADA. Currently, it is not possible to store Cardano on any other wallet.
Monero (XMR) is showing negative
price trends with signs of little hope.
The XMR/USD pair did not recover from its bearish inclination. There is strong support for XMR at $54.938
and resistance at $56.199. The market
momentum for the coin is currently indecisive.
ZCash has deficient volatility
levels. There are likely to be
significant breakouts in the short-term on the upside. The market trends are indecisive for this
token, and investors will do better by taking a long-term position with this
Zcash is compatible with all FATF
recommendations, and it has been designed to protect consumer’s financial
privacy. ZCash provides for privacy, but
at the same time, does not stand in the way of the requirements of regulatory
Tron is currently experiencing a
price reversal, and it is trending at $0.016. Yesterday, the Tron price was at