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Xendpay Payment Firm Runs on Ripple To Process Payment to Thailand

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Xendpay, a financial service firm revealed that Xendpay users can now send money to Thailand as the firm is using Ripple to process payment to Thailand.

As claim on its website, Xendpay offers fair, fast, safe and low-cost global money transfer services to its customers. The platform is already employing RippleNet for cross-border payments from the UK to Malaysia, Vietnam, Indonesia, Sri Lanka, and Bangladesh. However, the inclusion of Thailand is a new payment corridor with Xendpay.

If you look forward to transferring funds to Thailand, Xendpay will help you using Ripple’s technology. You can create an account and proceed, visit here for the official announcement.

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Ripple

Ripple’s XRP technical analysis: XRP/USD flirting with game-changing demand zone

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  • Ripple’s XRP price is trading in the red by some % in the session on Friday. 
  • XRP/USD remains exposed to further downside underneath the $0.2500 mark. 
  • Critical weekly support should be noted at $0.2350, failure to hold could be punishing. 

XRP/USD weekly chart

The price is running towards its third consecutive weekly closure in the red. XRP is back to trading at the lowest levels seen in some eight weeks. 

XRP/USD daily chart

The problems have not subsided for XRP since the big bearish flag breakout earlier in November. 

Spot rate:                 0.2305

Relative change:      -5.15%

High:                         0.2462

Low:                          0.2223

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XRP/USD Technical Analysis: Where could Ripple find support?

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  • Ripple did not escape the cryptocurrency rout today and trades 5% lower.
  • There is a support level close to the currency price at 0.2150.

XRP/USD Daily Chart

XRP/USD has taken a dive today in the crypto massacre.

Now the 0.2500 level has been taken out 0.2150 is next on the support side.

Price has continuously made lower highs and lower lows since late June and it seems the trend is continuing.

The price is currently the lowest level since 2017. 

Volume is supporting the move lower as on the Coinbase exchange 43.53m contracts have changed hands.

Ripple Analysis

Additional Levels

XRP/USD

OVERVIEW
Today last price0.2304
Today Daily Change-0.0135
Today Daily Change %-5.54
Today daily open0.2439
TRENDS
Daily SMA200.2764
Daily SMA500.2788
Daily SMA1000.2723
Daily SMA2000.3221
LEVELS
Previous Daily High0.2534
Previous Daily Low0.2358
Previous Weekly High0.2845
Previous Weekly Low0.2525
Previous Monthly High0.315
Previous Monthly Low0.2425
Daily Fibonacci 38.2%0.2425
Daily Fibonacci 61.8%0.2467
Daily Pivot Point S10.2353
Daily Pivot Point S20.2268
Daily Pivot Point S30.2177
Daily Pivot Point R10.2529
Daily Pivot Point R20.2619
Daily Pivot Point R30.2705

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Ripple

XRP/USD Technical Analysis: Where could Ripple find support?

Published

on

  • Ripple did not escape the cryptocurrency rout today and trades 5% lower.
  • There is a support level close to the currency price at 0.2150.

XRP/USD Daily Chart

XRP/USD has taken a dive today in the crypto massacre.

Now the 0.2500 level has been taken out 0.2150 is next on the support side.

Price has continuously made lower highs and lower lows since late June and it seems the trend is continuing.

The price is currently the lowest level since 2017. 

Volume is supporting the move lower as on the Coinbase exchange 43.53m contracts have changed hands.

Ripple Analysis
Additional Levels
XRP/USD
OVERVIEW
Today last price
0.2304
Today Daily Change
-0.0135
Today Daily Change %
-5.54
Today daily open
0.2439
 
TRENDS
Daily SMA20
0.2764
Daily SMA50
0.2788
Daily SMA100
0.2723
Daily SMA200
0.3221
 
 LEVELS
Previous Daily High
0.2534
Previous Daily Low
0.2358
Previous Weekly High
0.2845
Previous Weekly Low
0.2525
Previous Monthly High
0.315
Previous Monthly Low
0.2425
Daily Fibonacci 38.2%
0.2425
Daily Fibonacci 61.8%
0.2467
Daily Pivot Point S1
0.2353
Daily Pivot Point S2
0.2268
Daily Pivot Point S3
0.2177
Daily Pivot Point R1
0.2529
Daily Pivot Point R2
0.2619
Daily Pivot Point R3
0.2705
 
 
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source:.fxstreet

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