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Can the New Wave of Ripple Customers Cause XRP to Break Above the Current Trading Range?

  • Ripple has recently announced a new wave of customers that now have access to their platform.
  • The market is trading within a range between $0.3943 and $0.3635.
  • Support moving forward: $0.3635, $0.3449, $0.35, $0.3185, $0.3028, $0.2858.
  • Resistance moving forward: $0.3943, $0.40, $0.4280, $0.4542, $0.4617, $0.5098, $0.5157, $0.5384, $0.5414.

Latest Ripple News

Ripple continues to expand, with a new wave of customers that are interested in using their services to reduce settlement times and transaction costs by removing costly intermediaries.

One of the most interesting new partnerships is with Euro Exim Bank, a St. Lucia-based bank that has publicly announced their excitement about the potential benefits that the Ripple network will have for their customers. Euro Exim Bank will implement the xRapid API into their system to automate and speed up their cross-border payments.

The director of the bank, Kaushik Punjabi, stated that their customers had historically been restricted from…


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