RippleNet keeps roping in financial institutions, thereby building their massive network. As per an official press release, Finablr PLC has banded together with Samsung Pay in order to facilitate cross-border transfers. The Finablr network has successfully processed over 300 million transactions in the course of the past-3 years.
*Note: This money transfer service is provided by a subisdiary of Finablr called Travelex.
As of today, the only known subsidiaries of Finablr that are using Ripple are Unimoni and UAE Exchange.
— XRP Research Center (@XrpCenter) October 3, 2019
XRP is ranked at #3 to the south of Ethereum and Bitcoin in the market. The price plummeted at a rate of 0.89% in a span of 24-hours; this brought XRP all the way down to $0.258518 where it presently rests. The trading volume recorded stands at roughly $1.103 billion, while the supply has 43,121,735,112 XRP coins in play as of this very moment. The total market cap of XRP amounts to $10.716 billion for now.
Incredible to see how much impact @Ripple’s University Blockchain Research Initiative is having already. Inspiring afternoon interacting with our amazing partners from around the world at #UBRICon2019 pic.twitter.com/e25QWxVHyf
— Eric van Miltenburg (@ericvanm) October 3, 2019
According to the candlestick chart connected to the XRP/USD pair on tradingview [based on data obtained from the Bitfinex exchange], this digital currency is showing no signs of escaping the shackles brought in by sellers. Once again, price consolidation has kicked-off, although the Ichimoku Cloud seems green post-13th October. In the aftermath of 28th September, the peaks tied to the Awesome Oscillator [formed underneath the zero line] all possess the green shade, which points to the slight presence of bullish pressure.
Key support lies near the $0.21323 level, while resistance may be felt adjacent to the $0.26316 mark. The MACD line keeps inching closer to the signal line, causing the red histogram to grow faded and decrease in length. The daily RSI [for 14 periods] is at 44.07 which signifies that XRP isn’t in the vicinity of the oversold zone.
About Post Author
