Ripple in the Second Quarter of 2019, recorded new heights as the company saw the highest number of customer transactions on RippleNet. Q2 saw the amount of xRapid transactions from Quarter 1 to Quater 2 go up by 170%. Also, in the last quarter, the company recorded a 30% rise in the amount of live xRapid partners.
However, CoinGecko’s Quarterly Report for Q2 2019 reveals that XRP lost nearly 50% of its market dominance, with the company falling to 5.7% a 4.1% drop from its 9.8% figure in Q1.
Below we shall consider the significant fundamental issues and technical price patterns in XRP’s Q2.
NEW CRYPTO EXCHANGES
A total of a dozen new exchanges listed XRP in Q2, bringing the total number of exchanges listing the cryptocurrency to over 130 worldwide.
Ripple, Q2 at a glance: Technical Analysis and Important News/Events