The stock market is still in the red zone, but analysts still see potential in Ripple, arguing that traders should keep XRP. Ripple weekly concludes new partnerships with at least one Bank, and, according to General Director of the project, brad Garlinghouse, the project will not report on any new contracts until the number of banks reaches 200. The number of partners currently has more than 100 banks and continues to grow so rapidly that the account was almost lost.

Technology Ripple (XRP) now use 40 to 50 Central banks, including the Bank of Thailand. The announcement was made at a panel discussion in Thailand, which is available on youtube. This is great news for Ripple and proof that the development of the company are truly effective way of transferring money worldwide. In a sense, the technology provided in the Ripple network, removes the international boundary and making cross-border payments almost instantly.

Announcement in respect of the Ripple has increased the liquidity of the coins on the global cryptocurrency markets. Recently about adding to your list of Ripple announced digital platform to UpHold. Another announcement that should be noted, is a partnership between Bithumb and Korea Pay Service. It will facilitate the availability of basic cryptocurrency six thousand points of sales in the first half of this year. It is important to note that Ripple (XRP) is one of the most traded cryptocurrency in South Korea.

The current rate is 0.48 XRP dollar. Bitcoin (BTC) is now also weak and trading below $ 7,000.

One of the probable reasons for the sudden drop, analysts say the continuing “trade war” between China and the United States, which affects not only cryptocurrencies but also the stock market. Therefore, the UPS and downs, according to experts, can be considered normal.

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