XRP News Today – Top Headline for Ripple XRP, November 28, 2019
In addition to its chain of partners, Faast, a cryptocurrency swap exchange app that permits users to trade directly from their hardware wallets via a web-based platform announced that Ripple’s native token XRP is now fully supported. This incorporation is to aid swift transactions and make the transaction process hassle-free for users.
Swapping XRP directly using the Faast web app and through external hardware devices is an all-in-one process, for users to use this feature they’ll need to click on the cryptocurrency they wish to exchange with. By default it is set on Bitcoin, users can easily change to XRP, also the feature allows users to swap XRP for another coin.
Faast is created by Blockchain and Bitcoin technology firm BitAccess, Faast is rooted in the company’s Bitcoin Teller Machine (BTM) software. This simply implies that users can also buy and sell XRP using cash at hundreds of BTM locations across North America and selected locations in Europe and Asia.
Ripple Price Analysis and Prediction – XRP/USD
The price of XRP is likely to surge if it breaks the $0.2300 resistance level. Currently, there is a new linking bullish trend line forming with support close to $0.2190 on the hourly chart of the XRP/USD pair. The major obstacles on the upside for the bulls are close to $0.2300 and $0.2350.
Currently, Ripple is gaining bullish momentum above $0.2200 against the U.S Dollars. So far, XRP price has broken many major resistances close to $0.2100 and $0.2150 levels.
The price has managed to climb above the $0.2180 resistance and the 100 hourly simple moving average. The price has paved ways for more upsides above the $0.2200 resistance, with a recovery that made the price surge above the $0.2250 resistance. Currently, the price is correcting gains after trading as high as $0.2301. Also, it traded below the 23.6% Fib retracement level of the upward trend from $0.2127 low to $0.2301 high.
While on the downside, there are several supports close to the $0.2200 level and the 100 hourly simple moving average. The 50% Fib retracement level of the upward trend from $0.2127 low to $0.2301 high is also close to the 100 hourly SMA to offer support. The price might retest the $0.2140 and $0.2130 support levels if there is a downside break below the trend line.
XRP (XRP) Price Today – XRP / USD
Any further losses could see the price of XRP back into the bearish zone below the $0.2100 support, with the next key support close to the recent monthly low of $0.2000. The final target for the current recovery could be close to the $0.2380 level.