It is Christmas already and the 2018 is coming to an end. Some investor in the crypto world would add – finally. This is the time of the year that traders take inventory of their investments so as to prepare for the future.
As several equity market indices crash out, the crypto market makes a major recovery with overall market valuation growing by 50% in last one week.
SBI’s VCTRADE announced that they have added support for XRP, Bitcoin, and Ethereum. Ripple is excited by this announcement and believes their token, XRP, will achieve worldwide adoption due to the support.
Western Union recently released a short video in which it explains that it is ready to begin working with cryptocurrencies. That being said, the video does seem to go on to outline how they actually aren’t ready and don’t fully understand crypto.
In case of the present daily bullish candle close above the supply level of $0.38 and 50-day EMA then, traders can place a long trading position as XRP may have its target at $0.43.
Travel website Travala.com, the so-called AirBnB on the blockchain, now offers to book over 550,000 hotels in 210 countries using Ripple’s XRP token.
XRP has been pretty much asleep for a very long time and as we are approaching the end of 2018, the much-needed news about Ripple’s partnerships with major financial institutions have started erupting in the crypto-space.
Coinone Transfer has launched its remittance app called Cross which will use Ripple’s xCurrent to ensure speedy cross-border payments.
The demand level of $0.25 may be the bears’ target. In case the demand level of $0.25 holds and the XRP price bounce, an upward trend may be experienced with $0.38 – $0.43 as its target.
Coinbase is exploring a possibility to add support for a list of 31 coins, including XRP that is currently the second-largest cryptocurrency by market cap.
Omni, a rental service company, actively cooperates with Ripple and utilize XRP to provide customers with better liquidity.
The new Corda Settler application facilitates traditional and blockchain-based payments for payment obligations raised on the Corda blockchain platform.
Should the demand level of $0.32 holds, XRP price will have its target at $0.43. In case the bearish candle penetrates the demand level of $0.32 and close below it, the coin will face the demand level of $0.25.
Following a row of requests received from the community, internet payment system Skrill has recently added XRP to its platform.
TIPS aims to offer low-fee instant settlements in Euros to customers across the continent. Eurozone bank customers will be able to access TIPS 24 hours a day to enjoy easy and secure payments – similar to Venmo in the United States.