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Ripple Comments

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My profit objective is $*.3* levels. However, there is a possibility that Ripple will breakout of $*.3 and rally towards the lifetime highs. Hence, I think booking 5* percent profits at $*.3 and holding the rest with stops at breakeven sounds.
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American Express, Santander team up with Ripple for cross-border payments via blockchain
American Express and Santander have partnered with financial technology firm Ripple to speed up cross-border payments between the U.S. and the U.K. by using blockchain technology.

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The Ripple price (XRP/USD) has seen a steady increase in today s trading, amid a wider rally affecting many of its chief competitors in the crypto space. The fourth-largest cryptocurrency on the market is trying to build upon its positive performance on Tuesday, when it rose from an opening level of $0.203 to a close of $0.209. The Ripple price is currently hovering just above the $0.210 level, which has repelled many of Ripple s attempts to advance in recent weeks.

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These investors were blinded by two things:
The SegWit2x proposal to upgrade Bitcoin.
The CME Group Inc‘s (NASDAQ:CME) decision to add Bitcoin futures.
Recent developments have brought them crashing back to Earth.
For one thing, the developers behind SegWit2x called it off, citing fears that it would cause too much internal strife within Bitcoin. And second, investors realized that the CME decision is pending approval by the Commodities Futures Trading Commission.

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On Friday, just as we got some good Ripple news, the relentless pendulum of market forces swung back the other way, causing XRP to 3.85%.
There s no mystery as to why it happened. Ripple prices kept rising as trading volumes rebounded, then they fell as trading volumes dipped. It s not rocket science.

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XRP Extends Weekly Gains, Hits 20-Day High
Korea Accounts for 70% of XRP Trading Volume
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