It’s Tuesday, November 21st, I’m Kiana Danial, CEO of Invest Diva with NewsBTC and here is your crypotocurrency update. Ripple’s XRP has continued its march up ever since news broke out at the company has teamed up with American Express. XRP/USD tested above the daily Ichimoku cloud on Monday, however, it has yet to reach the highs of last week at around 0.2670 on its massive spike. After testing that level last week, XRP prices settled at 0.22 to offset the bullish sentiment. Now, the slow and steady might win the race to reaching the key resistance level of 0.28 in the coming weeks. There also has been news that Chinese crypto exchange ZB.com which officially launched on November 1st, now supports Ripple’s XRP. Keep in mind that China has banned Bitcoin, however, some Chinese bitcoin exchanges, including ZB.com, have turned their attention instead to selling overseas, which makes their support of Ripple possible. Ripple is the 4th largest cryptocurrency by market cap, and aims to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks. Thanks for watching, invest responsibly, and I’ll see you with more updates tomorrow.
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