{"id":380857,"date":"2019-05-04T17:00:05","date_gmt":"2019-05-04T17:00:05","guid":{"rendered":"https:\/\/wncen.com\/?p=380857"},"modified":"2024-06-11T18:28:31","modified_gmt":"2024-06-11T18:28:31","slug":"5-months-of-ripple-xrp-10-cents-consolidation-breakout-delayed","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/5-months-of-ripple-xrp-10-cents-consolidation-breakout-delayed\/","title":{"rendered":"5-Months of Ripple (XRP) 10 Cents Consolidation, Breakout Delayed"},"content":{"rendered":"
Days after SABB, Ria Money Transfer is the latest to join the RippleNet family. The service transfer approximately $40 billion per year. Meanwhile, Ripple (XRP) is under pressure and trending above 30 cents, down 1.9 percent in the last day<\/em>.<\/p>\n No doubt, Ripple\u2014and it doesn\u2019t matter the rate at which they are on-boarding clients, will be a crucial player in global remittance in the next ten years. What took SWIFT more than four decades to build, a network which is now the experimenting table for remittance companies will help fast-track migration as the start-up\u2019s leaders explain to would-be customers all the benefits they will reap from any of their three solutions.<\/p>\n Even so, the only hindrance that makes banks as well as payment processors to take a cautious stand is regulatory uncertainty. The US SEC is yet to comment, and unless they do, classifying the asset as a utility, then we may see processors like Ramessa Online shifting camps, upgrading to xCurrent 4.0 and leveraging on xRapid for cross border transfer.<\/p>\n That way, Ripple would move closer towards creating an internet of value, a blow to SWIFT. After partnering with SABB, Ripple now has a deal with Ria Money Transfer, a service that moves $40 billion annually, and they will join the RippleNet utilizing xCurrent.<\/p>\n Juan Bianchi, CEO of Euronet\u2019s Money Transfer Segment said<\/a>:<\/p>\n \u201cRia\u2019s integration with Ripple serves to build rails for an innovative payment infrastructure that seeks to provide easier access to potential partners while delivering faster and cleaner payments to its users. Time is a vital currency for our customers and partners, so we always keep it at the center of our innovation efforts.\u201d<\/em><\/p><\/blockquote>\n <\/p>\nRipple Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Candlestick Arrangement<\/h3>\n