Ripple Surges After American Express Blog Mentions XRP, But It Is Simply a Case of Misplaced FOMO
Ripple (XRP) has incurred some decent upwards momentum today after “FOMO” spread on Twitter based on an American Express blog post that mentioned Ripple for international settlements.
This blog, however, is old and is not at all an official AMEX announcement, so traders should trade XRP with caution.
This blog post coincided very closely with the XRP price surge that occurred earlier today independently of the rest of the crypto markets, and it may have been caused by some misplaced hype surrounding the Ripple (XRP) mention on the AMEX blog.
Ripple (XRP) Surges Past $0.40 Despite Recent Downwards Pressure At the time of writing, XRP is trading up over 6% at its current price of $0.40, which is up significantly from its recent lows of $0.37.
This price surge happened earlier this morning when the cryptocurrency’s price rose sharply from just above $0.38 to highs of nearly $0.41. This jump occurred independently of any other market moves, as Bitcoin was trading flat during this time.
Earlier today, crypto Twitter was alight with the fact that both Ripple and XRP were mentioned in a blog post on AMEX’s website titled “Cross-Border Payments to Become Faster, More Transparent, and Easier to Manage.”
Although it is unclear as to whether or not this event directly caused the Ripple price surge, the timing of the recent surge and the fact that XRP moved independently of the aggregated crypto markets likely signals that it was, in fact, a likely cause.
Mchael B, a popular XRP proponent on Twitter, spoke about the AMEX blog in a tweet earlier this morning that has since garnered a significant amount of likes and retweets.
Read the full topic at
https://www.newsbtc.com/2019/07/06/ripple-surges-after-american-express-blog-mentions-xrp-but-it-is-simply-a-case-of-misplaced-fomo/
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This blog, however, is old and is not at all an official AMEX announcement, so traders should trade XRP with caution.
This blog post coincided very closely with the XRP price surge that occurred earlier today independently of the rest of the crypto markets, and it may have been caused by some misplaced hype surrounding the Ripple (XRP) mention on the AMEX blog.
Ripple (XRP) Surges Past $0.40 Despite Recent Downwards Pressure At the time of writing, XRP is trading up over 6% at its current price of $0.40, which is up significantly from its recent lows of $0.37.
This price surge happened earlier this morning when the cryptocurrency’s price rose sharply from just above $0.38 to highs of nearly $0.41. This jump occurred independently of any other market moves, as Bitcoin was trading flat during this time.
Earlier today, crypto Twitter was alight with the fact that both Ripple and XRP were mentioned in a blog post on AMEX’s website titled “Cross-Border Payments to Become Faster, More Transparent, and Easier to Manage.”
Although it is unclear as to whether or not this event directly caused the Ripple price surge, the timing of the recent surge and the fact that XRP moved independently of the aggregated crypto markets likely signals that it was, in fact, a likely cause.
Mchael B, a popular XRP proponent on Twitter, spoke about the AMEX blog in a tweet earlier this morning that has since garnered a significant amount of likes and retweets.
Read the full topic at
https://www.newsbtc.com/2019/07/06/ripple-surges-after-american-express-blog-mentions-xrp-but-it-is-simply-a-case-of-misplaced-fomo/
Follow me on
Twitter: https://twitter.com/cryptoexpert20
IF you be an admin for your telegram group you can order from the link
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