Ripple (XRP) Price Analysis: XRP/USD May Re-Test 2019 High

A Ripple (XRP) price analysis can go for years if they’re not a wise move. As we know, Ripple is a new form of Digital Asset, a part of the RippleNet (RippleNet.com) network of payment providers.

The Ripple network, its currency and protocol are being evaluated and some of its claims are attracting some serious attention in the financial industry. RippleNet.com claims to be, the first network of its kind, where every participant is just a client. Transactions are confirmed in real time by its agreed upon nodes, with no middleman or bank involved.

According to Ripple developers, this is a means of rapidly validating transactions, eliminating the need for trust, minimizing the cost of money transfers and transferring it digitally, preventing loss of digital assets, and dealing with the problems that banks often face when trying to execute international payments. Ripple is also being offered as a settlement system, which many investors think may be a very important aspect to the way that this new technology will grow.

In the Ripple price analysis the Ripple, XRP and RippleNet are being analyzed for going over the next year or so, if they do indeed do begin to trade on their own, on their own right. During this period Ripple prices will be very interesting, as they could quite possibly be the first ever commodity to break through a major resistance level.

As of right now, Ripple, XRP and RippleNet are being traded with futures contracts, which allows those who want to speculate to do so. If Ripple were to trade at all before the end of this year, the Ripple prices will certainly rise considerably. This is the same concept of the cryptocurrency trend trading, as those who wanted to trade in prior years did not have the ability to trade at all in that manner.

If Ripple did start to trade on its own, the next question is how much are they worth? They could be worth some great amounts of money for those who are able to bet on this kind of thing.

One question that you will need to ask yourself is why this makes sense? Does this make sense for Ripple to trade on its own, if it were to break through?

As I mentioned at the beginning of this article, the Ripple, XRP and RippleNet are being evaluated for going over the next year or so, if they do indeed do begin to trade on their own, on their own right. During this period Ripple prices will be very interesting, as they could quite possibly be the first ever commodity to break through a major resistance level.

The Ripple, XRP and RippleNet are being traded with futures contracts, which allows those who want to speculate to do so. If Ripple were to trade at all before the end of this year, the Ripple prices will certainly rise considerably.

So, if this happens, then you will see a long term profitable investment in Ripple. It’s a serious consideration, and one that I’m sure is being looked at, but nothing more is known about Ripple, XRP and RippleNet.

Ripple, XRP and RippleNet will continue to be closely monitored and studied by financial analysts as well as technical analysts. We should keep an eye on what happens with this new form of Digital Asset.