XRP/EUR Confirms Below Daily Ichimoku Cloud on Bearish Sentiment
It’s Thursday, November 2nd, I’m Kiana Danial, CEO of Invest Diva with NewsBTC and here is your crypotocurrency update. XRP/EUR has confirmed below the daily Ichimoku cloud, approaching the 0.16 support level once again.
While the future cloud has turned bullish, the market sentiment appears to be bearish, sending mixed signals to the trading crowd. The next support level is set at 0.14, while pivot point falls on the upper band of the Ichimoku cloud at 0.19. It could take the pair a while to get back to the key resistance level of 0.23 at this point. Despite the current selloff,
Ripple users internationally appear to value its speed. For example, in India, where payments typically take three or four days to reach, Ripple’s six to seven-second settlement is quite extraordinary and could become high in demand. However, more than the cryptocurrency itself, the majority of banks seem to be excited about the blockchain industry itself.
In many countries, cross-border payments have to deal with two banks and two regulators, so it be two or three years before regulators take a position on cryptocurrencies. Meanwhile, banks can find a good value proposition to start with blockchain without getting into cryptocurrencies. Thanks for watching, invest responsibly, and I’ll see you with more updates next time.
|Jan 08, 2018||287.73||289.07||237.66||255.76||1,182,080,000||15,726,800,000|
|Jan 07, 2018||296.05||305.53||281.93||288.45||1,055,400,000||16,178,100,000|
|Jan 06, 2018||249.77||323.12||249.41||296.45||2,264,740,000||13,645,300,000|
|Jan 05, 2018||241.03||256.15||237.88||249.27||1,710,600,000||13,164,800,000|
|Jan 04, 2018||245.47||245.47||227.01||241.37||3,481,550,000||13,403,400,000|
|Jan 03, 2018||255.69||260.74||243.13||245.37||3,215,280,000||13,957,800,000|
|Jan 02, 2018||228.99||263.63||228.99||255.68||1,237,950,000||12,496,900,000|
|Jan 01, 2018||231.67||236.63||222.20||229.03||633,142,000||12,639,700,000|
|Dec 31, 2017||216.97||237.79||213.81||232.10||771,042,000||11,835,100,000|
|Dec 30, 2017||245.09||245.43||208.20||218.96||943,667,000||13,364,800,000|
|Dec 29, 2017||250.35||258.04||238.33||245.50||1,392,210,000||13,648,200,000|
|Dec 28, 2017||272.13||273.18||231.38||249.93||2,593,240,000||14,831,200,000|
|Dec 27, 2017||286.59||290.94||264.42||272.17||777,138,000||15,615,200,000|
|Dec 26, 2017||273.11||289.51||272.26||286.50||842,993,000||14,876,400,000|
|Dec 25, 2017||277.49||286.79||269.57||273.39||804,377,000||15,111,400,000|
|Dec 24, 2017||291.01||291.01||251.04||275.98||1,122,910,000||15,842,900,000|
|Dec 23, 2017||269.27||312.67||261.64||288.27||1,352,580,000||14,655,200,000|
|Dec 22, 2017||319.26||320.30||187.48||264.93||2,938,040,000||17,371,200,000|
|Dec 21, 2017||314.66||339.74||299.53||317.46||1,555,940,000||17,116,600,000|
|Dec 20, 2017||349.60||349.60||308.63||314.62||2,104,060,000||19,012,500,000|
|Dec 19, 2017||359.13||375.29||335.68||350.25||2,150,480,000||19,525,500,000|
|Dec 18, 2017||318.95||360.93||302.00||358.34||1,966,600,000||17,336,500,000|
|Dec 17, 2017||301.78||332.59||301.78||318.72||1,703,580,000||16,398,800,000|
|Dec 16, 2017||299.34||309.90||290.13||298.97||1,291,380,000||16,260,700,000|
|Dec 15, 2017||280.97||316.41||251.22||299.78||2,599,940,000||15,258,500,000|
|Dec 14, 2017||301.20||311.32||265.66||279.33||2,114,880,000||16,352,400,000|
|Dec 13, 2017||315.36||341.80||287.48||302.60||3,409,790,000||17,116,500,000|
|Dec 12, 2017||212.46||341.72||209.68||316.16||6,961,680,000||11,528,600,000|
|Dec 11, 2017||148.26||225.29||147.34||214.20||2,913,980,000||8,042,020,000|
|Dec 10, 2017||155.63||155.63||130.16||148.66||1,087,340,000||8,438,840,000|
|BITCOIN | RIPPLE | DASHCOIN | Ethereum | LTCUSD news | ZCASH | Ethereum Classic | BITCOIN CASH | Monero |
Cryptocurrency Benefits and Drawbacks
Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.
Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.
But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.
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