Menu
Real Time Cryptocurrency News & Analysis

Ripple price (XRP/USD) moves to test $0.30 level after Friday morning surge

The Ripple price (XRP/USD) has seen significant gains on Friday, benefiting from a larger cryptocurrency uptrend.

The second-largest digital currency on the market had a lacklustre session on Thursday, unable to gain positive momentum due to multiple price swings. The digital coin made several attempt to break above the $0.295 mark, but it only managed to rise to an intraday high of 0.294. The coin finished the session at $0.291, slightly above its opening price of $0.290.

XRP was able to amass some meaningful gains in today’s morning session, as it price surged towards the $0.30 mark, amid a widespread cryptocurrency upswing. The coin hit a four-day high of $0.299 in the early afternoon, before pulling back to slightly lower levels in subsequent trading. At the time of writing, the Ripple price was still near the $0.30 mark, according to data from digital currency tracker Coinmarketcap.

In other XRP-related news, Changpeng Zhao, the chief executive officer of the world’s largest digital exchange, Binance, revealed earlier this week that his was looking to partner with the San Francisco-based Ripple. As reported by industry website Cointelegraph, during a Periscope live stream on February 6, Zhao indicated that Binance wanted to add Ripple as a partner, but admitted that this was not something the company was working on at the moment.

“We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future we’ll definitely want to add them as a partner,” Zhao said.

XRapid is Ripple’s XRP-powered cross-border payment solution.

In today’s trading, the Ripple price stood at $0.298, as of 14:37 GMT. The digital coin has gained 1.8% in the past 24 hours, Coinmarketcap data shows. Its total market cap currently stands at $12.3 billion.

For further information on how to buy and trade Ripple, see our comprehensive Ripple guide.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.