Ripple Latest Update – Ripple Collaborates With UAE Bank For Cross-Border Payments, March 3rd, 2020

  • NBF Plans To Utilize RippleNet In India To Ease Cross-Border Transactions
  • XRP Bulls Appears Undecisive Though Further Gains Above $0.24 Seem Pertinent

XRP News Now – Joining Ripple is National Bank of Fujairah PJSC (NBF) who plans to utilize RippleNet to settle cross-border remittance payments for Indian customers. The bank will be collaborating with IndusInd Bank, it will also offer swift and transparent payments, thus improving the user’s experience. Ripple News Update – NBF, is a Shariah law complaint bank, which provides commercial and retail banking options for its users. NBF has 18 branches over the United Arab Emirates (UAE), NBF has a large Indian presence.

NBF Plans To Utilize RippleNet In India To Ease Cross-Border Transactions

XRP News Now – Commenting on the partnership, NBF’s CEO, Vince Cook commended that ease of transaction offered by utilizing digitization and blockchain technology. Adding that RippleNet will develop a more proficient way for business entities to manage their finances.

XRP Bulls Appears Undecisive Though Further Gains Above $0.24 Seem Pertinent

XRP Price Prediction 2020 – XRP price is exhibiting a few bullish momenta above the $0.2300 support level against the U.S Dollar. XRP price might surge higher if it breaks the $0.2425 resistance level. XRP News Now – XRP price is gradually increasing after establishing a double bottom pattern close to the $0.2240 level against the U.S Dollar.

XRP Price Forecast 2020 – Ripple XRP Price Prediction 2020

XRP Prediction 2020 – XRP price is currently trading above the $0.2300 and $0.2320 levels. There was a break above the key bearish trendline with resistance close to $0.2240 on the hourly chart of the XRP/USD pair. XRP price stayed well above the $0.2240 and $0.2250 level and recently commenced a moderate price surge. XRP price is up around 2% and it exceeded the $0.2300 resistance level. The XRP/USD pair is trading well above the $0.2320 level and the 100 hourly simple moving average.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.305
1.77%

XRP News Now – early support on the downside is close to the $0.2345 and the 100 hourly simple moving average. The next major support is clear close to the $0.2330 level since it is close to the 50% Fib Retracement level of the upward move from the $0.2238 low to $0.2417 high. XRP Price Prediction 2020 – to commence a massive increase, XRP bulls need to gain momentum above the $0.2425 resistance level. a positive break above $0.2325 and $0.2480 could pave ways for a strong price rally. The next major resistance is close to the $0.2580 and $0.2600 level.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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