XRP with some more fuel to the upside

21 dic 2017

Massive volume entered into XRP on $0.75 - $0.90 level (market on chart). Lower support on $0.68 was successfuly tested twice, crossed MA and skyrocketed over resistance area. RSI and MACD were building momentum and are placed well in bullish zone. I project target $1.5 reached very soon on this coin.

While the market has been focused on Bitcoin and commercial banks continue their migration onto enterprise-grade platforms, the Ripple team has been working on a new solution that allows banks to settle cross-border payments with end-to-end tracking instantly. Posted on the official website on the 19th of December, the announcement reads:

"The Ripple xCurrent product — a solution that allows banks to settle cross-border payments with end-to-end tracking instantly — is now enterprise-tested. Also, the public XRP Ledger, operating since late 2013, successfully completed 35 million ledger updates without failure and offered throughput of 1,500 transactions per second."

22 dic 2017

Nota

Target 1 & 2 achived. After correction and re-test of supports I still see this coin going higher.