XRP price holds steady above $0.31 resistance
Updated
XRP price holds steady above $0.31 resistance against the USD. It is placed nicely in a positive zone and it could move past $0.34 soon. As long as the price is above the $0.31 support area, there could be more range moves in the short term. On the upside, if ripple price surpasses the $0.3347 (previous high), there could be more gains towards. Watch out for possible break below $0.31 and test $0.30.
Some more good news came from Ripple company in last days:
On Wednesday (19 September 2018), cross-border payment specialist Ripple announced that it had signed up PNC Bank, a top 10 U.S. bank.
PNC Financial Services Group ("PNC") is the nineth-largest U.S. bank, according to the latest numbers from S&P Global Market Intelligence, with $380.7 billion in total assets (as of 30 June 2018). It has over eight million customers (consumers, small businesses, and large corporations) that use its "various deposit, lending, credit card, cash management and investment services," and retail branches in 19 states. Ripple says that its technology "will have an immediate impact on each of those groups, enabling PNC’s commercial clients to receive payments from overseas banks in real time."
By using Ripple's xCurrent product, a commercial client in one of the U.S. states can now receive a payment from a UK customer will be able to receive payments almost instantly, which has a transformative effect on the way "they manage their accounts receivable and allowing them to better manage their working capital."
PNC has already completed a pilot phase, and plans to immediately start using xCurrent in production.
Asheesh Birla, Ripple's Senior Vice President of Product, said that Ripple is hoping that once PNC has become comfortable with using xCurrent, it can get PNC to also use Ripple's liquidity solution, xRapid – that would bring XRP to live.
Some more good news came from Ripple company in last days:
On Wednesday (19 September 2018), cross-border payment specialist Ripple announced that it had signed up PNC Bank, a top 10 U.S. bank.
PNC Financial Services Group ("PNC") is the nineth-largest U.S. bank, according to the latest numbers from S&P Global Market Intelligence, with $380.7 billion in total assets (as of 30 June 2018). It has over eight million customers (consumers, small businesses, and large corporations) that use its "various deposit, lending, credit card, cash management and investment services," and retail branches in 19 states. Ripple says that its technology "will have an immediate impact on each of those groups, enabling PNC’s commercial clients to receive payments from overseas banks in real time."
By using Ripple's xCurrent product, a commercial client in one of the U.S. states can now receive a payment from a UK customer will be able to receive payments almost instantly, which has a transformative effect on the way "they manage their accounts receivable and allowing them to better manage their working capital."
PNC has already completed a pilot phase, and plans to immediately start using xCurrent in production.
Asheesh Birla, Ripple's Senior Vice President of Product, said that Ripple is hoping that once PNC has become comfortable with using xCurrent, it can get PNC to also use Ripple's liquidity solution, xRapid – that would bring XRP to live.
Note
As expected, XRP broke ressistance area at 0.34...more gains comming ...Note
First target reached. Take profits and let some volume run further...I have feeling XRP still has some more upside potential.Trade closed: target reached
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