The third most popular cryptocurrency started to rise on Tuesday, April 28, rising above the $ 0.19 level.
XRP is currently at $ 0.2155, showing almost nine percent growth, according to CoinMarketCap.
Traders’ opinions on the further movement of the coin are divided. However, some believe that the XRP will continue to grow and eventually reach $ 0.40.
“I expect a breakthrough to $ 0.40”
Trader Eric Chow shared the chart from his TradingView account, to which $ 0.40 is the next big target for XRP. It will be reached, he shares on Twitter, provided the XRP manages to stay above $ 0.11.
“Bull flag ended with breakthrough for XRP”
TradingVIew’s David Smith is of the opinion that XRP may start correction soon, though it has recently broken through resistance and the bullish flag is working for the coin. He waits for the XRP to stay above the horizontal line or fall below it.
“The ripple just killed the resistance, and the bullish flag ended with an upward breakthrough, which I shared in my previous idea. I’m not sure I’m ready to join the bulls and will wait for a correction or fixation above the horizontal [horizontal support]. If we lose horizontal support, then we can think about shortening. “
Controversial Twitter user @Crypto_Bitlord, known for his previous threats to XRP fork, reports that the ” XRP super-pump cycle ” is currently happening.
Ripple has partnered with Thailand’s oldest bank
The Siam Commercial Bank (SCB) has partnered with Ripple to offer its sixteen million customers the ability to transfer funds quickly and cheaply through RippleNet.
The bank launches the SCB Easy mobile application and plans to launch its external translation service based on the Ripple technology solution.
An article on the Ripple website on this partnership states:
“SCB’s partnership with Ripple fulfills its customers’ requirements for cross-border payments, which are low cost, fast and secure, and provide a better customer experience. This is just the beginning of the partnership between SCB and Ripple. “