Ripple Latest Update – AMNIS Partners With Ripple to Develop an Ecosystem

Ripple XRP Price Prediction
  • Switzerland Based AMNIS Collaborates With Ripple
  • AMNIS To Ease Payment Transaction For SME’s
  • Reasons Why AMNIS Chose Ripple
  • XRP Price Likely To Establish A Double Bottom Pattern

XRP News Now – Since inception, Ripple’s efforts towards placing its native token on the global space have been positive. Ripple has been able to achieve this by establishing a global partnership. This has so far allowed Ripple to utilize its technology to regions that are newbies to the cryptocurrency and blockchain world.

Ripple News Update – the recent partnership is with Switzerland based AMNIS, the partnership is aimed at creating further blockchain inclusive financial ecosystem. XRP News Now – AMNIS is the first payment service provider in Switzerland, with this collaboration, AMNIS will be able to provide blockchain solutions to small and medium-sized enterprises (SMEs). This applies to companies that have less than 250 people.

AMNIS To Ease Payment Transaction For SME’s

Ripple Latest Update – AMNIS added that the Ripple technology will make transactions swift and affordable. AMNIS will use Ripple’s unified network of SME’s to establish a safe environment for companies to use blockchain technology. AMNIS added that Ripple was the ideal choice over the SWIFT model of capital transfer.

Reasons Why AMNIS Chose Ripple

Ripple News Now – according to the official press release, there are three major reasons why AMNIS chose Ripple. The first being the swift mode of international transactions, particularly their settlement time.

XRP Price Prediction 2020 – Ripple Price Prediction 2020

XRP News Now – The second was transparency, which was a priority in the collaboration. Lastly, is the affordability of Ripple technology. Dues to the protocol developed by AMNIS, the cost of transactions are known after the commencement of payment. AMNIS declared that Ripple’s technology allows them to carry out affordable transactions. According to inside news, it was gathered that Ripple’s technology allows AMNIS to lessen transaction fees up to 50-60%.

XRP Price Likely To Establish A Double Bottom Pattern

XRP Price Prediction 2020 – XRP price retested the major $0.2240 support level against the U.S dollar. XRP price could commence a major recovery once it clears the $0.2350 and the $0.2380 resistance level. XRP Prediction 2020 – XRP price might form a double bottom pattern close to the $0.2240 level. There is a major bearish trendline establishing with resistance close to $0.2320 on the hourly chart of the XRP/USD pair. XRP price could either commence a major price rally towards $0.2500 or decline abruptly beneath $0.2200.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %

XRP News Now – The MACD for XRP/USD pair is gradually moving into the bullish zone, while the RSI for the XRP/USD pair is currently struggling to move above the 50 levels. XRP Price Prediction 2020 – the major support levels are $0.2235, $0.2220 and $0.2200, while the major resistance levels are $0.2320, $0.2320 and $0.2500.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.