If Bears push the coin to the lower trend line and the XRP price bounces, there would be a bullish rally and breakout at the upper trend line and the supply level of $0.32. If bears prevail over the bulls at the lower trend line, $0.30 support level is possible.
The over-the-counter branch of cryptocurrency exchange Huobi has announced adding support of XRP. XRP trading was launched on March 6.
Brad Garlinghouse, the CEO of cross-border payment giant Ripple, has weighed in on JP Morgan’s USD-pegged stablecoin, again.
Ripple’s xRapid allowed Mercury FX to complete the payment in a few seconds compared to 31 hours usually required. What is more, the fees saved made up $102.
The breakout through the lower trend line is possible in case the support level of $0.30 does not hold and also the bears increase their momentum. Should the bulls defend $0.30 demand level, the XRP price will bounce and break out at the upper trend line.
Now Ripple will be known not only for its innovative solutions but also as a good place to work at. 91% of employees are happy about their work there.
Coinhako announced listing XRP on its platform and mentioned the XRP pairings with SGD, IDR, and VND.
Ripple (XRP) has been at the center stage of the cryptocurrency industry with many great developments in its favor. However, Forbes’s Jason Bloomberg published an article saying Ripple is a scam.
Despite all the rumors Miguel Vias, Ripple’s head of XRP markets, insists that they haven’t paid Coinbase for XRP listing.
SWIFT’s GPI riposte initiative reported growth from 15% to 56% representing a 270% year-on-year change enabling the company to shun its competitors and move at least $40trn in 2018.
After a long time waiting, Coinbase finally decided to add support for XRP on Coinbase Pro. This decision tackled the euphoria of many, sparking an increase in trading volume and of course a peak in the price of the Ripple’s token.
Ripple‘s XRP token currently bears further uplifting news as SBI, which is a Ripple enthusiast, has planned to have a few banks in Japan and utilize the token by the 2025 Osaka Expo.
BNC notes that it is currently in the final stage of developing a Liquid Index Fund as institutional demand for the crypto token grows higher.
In case the Demand level of $0.31 holds and the Bulls gain enough pressure, the XRP price will range towards $0.34 – $0.38. On the other side, the penetration of the $0.31 price level downside will make the XRP find its support at $0.28 demand level.
According to Gareth Wilson, the managing director of global payments at Accenture, this year bring even higher gains to Ripple.