“I think what you can expect from Ripple is more focus and traction around cross-border payments,” said Daniel Aranda. Ripple price is trading a brief bullish flag pattern while the stochastic is at 71%. Ripple price has been hit by the selling pressure that dominated al the cryptos in the market since the beginning of the year. XRP/USD has been locked within a descending channel from April 20. The price has progressively traded lower highs and lower lows. The recent declines in the previous week sent Ripple price spiraling below $0.45. The third largest crypto is, however, battling to shake off the bears, but the upside has been capped below $0.50 for a few days now. During the just concluded CryptoCompare MJAC Blockchain Summit 2018 in London, Ripple Daniel Aranda who is also the managing manager of the popular xSpring initiative at the company shared his thoughts on the future of the Internet of Value. And while explaining the connection between the payments and the internet Daniel said: “We think that if the internet today is tethered with packets of information and data being sent around, the internet of value will have a similar kind of architecture, but what will be sent around is money (value). We view payments as this connected tissue to whatever this new kind of internet is.” He also talked about the future of Ripple as a cross-border solution provider saying: “I think what you can expect from Ripple is more focus and traction around cross-border payments… And if one of our early competitors as this market bridges out is SWIFT… if we are going to beat them, what we offer has to be really good… and we think our traction is playing out, and network effects are starting to build around that.” In the meantime, is trading below the moving averages on the 4-hour chart. Similarly, the gap between the 50 SMA and the 100 SMA is widening to show that selling activity is likely to continue in the near-term. The price is also trading a brief bullish flag pattern while the stochastic is at 71% signaling that the buyers are seeking entry as well. The immediate support is observed at $0.460 but the demand zone at $0.45 – $0.440 is within reach as long as XRP is still trading below $0.50. XRP/USD 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US: Consumer confidence and home price index in focus – Nomura FX Street 4 years "I think what you can expect from Ripple is more focus and traction around cross-border payments," said Daniel Aranda. Ripple price is trading a brief bullish flag pattern while the stochastic is at 71%. Ripple price has been hit by the selling pressure that dominated al the cryptos in the market since the beginning of the year. XRP/USD has been locked within a descending channel from April 20. The price has progressively traded lower highs and lower lows. The recent declines in the previous week sent Ripple price spiraling below $0.45. The third largest crypto is, however, battling to shake… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.