There has been good news going around for XRP, Skrill has added XRP to their platform, which is great news because Skrill allows payments and money transfer to be made through the Internet and they are mainly focused on low-cost international money transfer. Skrill is regulated by the FCA in the UK and bound by EU monetary directives, so Skrill has a pretty good reputation.
- Skrill is worthwhile to use for business owners that have a high turnover and wants to save money on Skrill’s cheaper transaction fees in order to compensate for their higher withdrawal and payment.
- The advantage for private users that wants to make a use of Skrill, is that it’s free to receive money and you can spend it with their debit card.
This means that it makes for normal users and business owners easier to make digital payments with cryptocurrency, which
Now let’s move forward to the technical analysis, on the 1 hour chart you see a few things that could indicate that XRP is done with retracing and is going to start rising again. First, you can see that the downtrend has been broken for a few hours and after the downtrend is broken, you see that the price is moving along an uptrend, which has been tested for the third time.
Also on the CCI, you see that the price is making in the long run higher lows. This also indicates that the trend will be reversed
DISCLAIMER: ALWAYS keep in mind! That this is NOT an investment advice, but an analysis. You can do whatever you want with this information, so trade at your own risks!
- Skrill is worthwhile to use for business owners that have a high turnover and wants to save money on Skrill’s cheaper transaction fees in order to compensate for their higher withdrawal and payment.
- The advantage for private users that wants to make a use of Skrill, is that it’s free to receive money and you can spend it with their debit card.
This means that it makes for normal users and business owners easier to make digital payments with cryptocurrency, which
Now let’s move forward to the technical analysis, on the 1 hour chart you see a few things that could indicate that XRP is done with retracing and is going to start rising again. First, you can see that the downtrend has been broken for a few hours and after the downtrend is broken, you see that the price is moving along an uptrend, which has been tested for the third time.
Also on the CCI, you see that the price is making in the long run higher lows. This also indicates that the trend will be reversed
DISCLAIMER: ALWAYS keep in mind! That this is NOT an investment advice, but an analysis. You can do whatever you want with this information, so trade at your own risks!