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XRP Price Has Space to Reclaim $0.30 If the Following Happens

utoday

1mon ago

Dutch crypto analyst Michael van de Poppe has taken to Twitter to address the community and share with them a prediction on the XRP price.

The analyst is looking at the XRP/USDT and XRP/BTC pairs. The third most valuable coin has a chance to return to the $0.28 - $0.30 highs, he says, if it first reclaims the $0.245 level.

Financial agency Weiss Crypto Ratings has posted a tweet criticizing XRP following the recent news of Ripple partnering with the UK-based Azimo remittance platform. Azimo plans to set up an ODL corridor to provide payments to the Philippines.

Replying to this, Weiss Crypto Ratings stated that XRP may not be the perfect option for that. Stablecoins, and USDT in particular, are much more liquid than XRP, the tweet says.

“Money transfer service #Azimo will use #Ripple's #ODL service to speed up the fund transfer in Philippines. Why not use #stablecoins instead? #USDT is more liquid than #XRP. This would have been a novelty in 2015. Now there are better options than XRP for moving fiat around.”

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