Ripple News Update – XRP Liquidity In Philippine Hits Over 6 Million High – March 8th, 2020

  • Moneygram Collaborates With Google And Amazon For Improved Remittance Services
  • XRP Price Analysis – XRP Price failed to break the $0.241 resistance level

XRP News Now – XRP liquidity along the Philippine corridors is back to the bullish zone, with an exceptional upside momentum. After encountering a few bearish days, XRP digital assets liquidity is currently retesting the bullish zone with a new high of 6 million. Ripple Executives – Though the liquidity of XRP on Bitso exchange is still trying to retest the upside trend all to no avail.

Ripple Executives –XRP liquidity in the Philippine corridor attained a new high after reaching a day increment of 54%. The previous high attained was towards the end of February 2020, which saw a record high of 5.5 million. XRP News Now – With the development ongoing in Ripple Inc, it’s native token XRP continues to get mass adoption around the world particularly via the use of Ripple’s On-Demand Liquidity (ODL).

XRP Price Prediction 2020 – Ripple Price Prediction 2020

XRP News Now – So far ODL has supported Ripple in three corridors which include the Mexican, Australia, and Phillippine corridors. XRP has been a great influence on the three corridors created so far. This was realized through Ripple partner MoneyGram. Ripple Executives – MoneyGram has so far been trying to improve the adoption of Ripple’s On-Demand Liquidity by developing additional corridors and closing more partnership deals.

MoneyGram joins Google and Amazon for improved Remittance Services

Ripple Executives – one of Ripple’s prominent partner MoneyGram recently announced a collaboration with Amazon and Google to provide more operative and proficient cross-border remittance service. XRP News Now – With the collaboration, MoneyGram aims to utilize Amazon Web services and Google cloud in attaining outstanding success in carrying out transactions. MoneyGram’s official statement reads thus:

“MoneyGram is integrating with the leader in cloud-based applications, AWS, to bring scale to the company’s transaction processing engine. Additionally, MoneyGram is using Google Cloud as its data and analytics engine to better understand customer behavior and deliver a more personalized experience.”

XRP Price Analysis – XRP Price failed to break the $0.241 resistance level

XRP Price Prediction 2020 – in the last 24-hours, XRP price recorded a loss of about 0.66%. XRP price currently struggling to regain momentum, it took in the last 24-hours to break out of the previous high and attain a new high. XRP Prediction 2020 – Yet it was unable to retain the momentum above the $0.243 level.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.571
21.88%

XRP Prediction 2020 – XRP price increased as high as $0.24648 level at a point during the past 24-hours, though it declined to the $0.241 level again. Since the recent decline, XRP price has been trying to gain bullish impetus, though it has not been able to find support. XRP News Now – XRP price commenced the day at $0.245, it is currently trading $0.24151.

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