The banks of Japan are now on Ripple
Updated
Recently, investors in the crypto have received very interesting news on the coin of the company Ripple. Everyone knows that Rippe is not the result of the work of crypto enthusiasts, as well-known analysts say, this "child of banks" can predict that the banking companies will join their network one by one. But the other day there was much more important news on the further development of Ripple, namely: Japanese banks plan to use Ripple technology for domestic and international payments.
It is important that Ripple moves to another level and now attracts customers not by companies, but by states because the application for using their platform was followed by a group of banks in Japan, which rin total represent more than 30% of all banks in Japan. The group includes AEON Bank, Nomura Trust and Banking, Resona Bank and Mizuho, whose interests are represented by Amy Yoshikawa, and according to his forecast, more banking structures will join them and makeup half of all banks in Japan.
Technically XPR looks attractive for investors and trades at a strong psychological level of 0.9, where the triangle was formed. It is likely that professional investors knew that there would be statements from Japanese banks and began actively buying coins, which we see on the chart.
It is worth noting the results of trades on Bitcoin, which continues to grow and increasingly convince us that it is time for an upward trend. Therefore, there is a high probability of a breakdown of the upper limit of the "triangle" on XRP and a strong impulse movement up to 1.18.
It is important that Ripple moves to another level and now attracts customers not by companies, but by states because the application for using their platform was followed by a group of banks in Japan, which rin total represent more than 30% of all banks in Japan. The group includes AEON Bank, Nomura Trust and Banking, Resona Bank and Mizuho, whose interests are represented by Amy Yoshikawa, and according to his forecast, more banking structures will join them and makeup half of all banks in Japan.
Technically XPR looks attractive for investors and trades at a strong psychological level of 0.9, where the triangle was formed. It is likely that professional investors knew that there would be statements from Japanese banks and began actively buying coins, which we see on the chart.
It is worth noting the results of trades on Bitcoin, which continues to grow and increasingly convince us that it is time for an upward trend. Therefore, there is a high probability of a breakdown of the upper limit of the "triangle" on XRP and a strong impulse movement up to 1.18.
Trade closed: stop reached
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