XRP/USD spikes above $0.4500 handle. Hikmet Ersek from WU comments on xRapid solution. XRP/USD is trading at $0.4567 to press time, however, the situation is changing quickly. While the trigger that caused a strong upside movement is unknown, Ripple price is moving in sync with Bitcoin and other major cryptocurrencies, which are also experiencing a strong growth. Ripple’s technical picture From the technical point of view, XRP/USD broke important $0.4500-$0.4530 resistance area, which increased the momentum and pushed the coin higher. Now critical $0.50 is in focus, if the bulls clear it, the upside may be extended towards $0.5309, 50-DMA. Ripple is obviously overbought on an intraday level, which means that the coin may enter a correction phase on approach to the above-mentioned $0.50 handle. If this happens, the price should stay above $0.4500 to retain positive stance. While Western Union is not willing to add XRP (or any other cryptocurrencies) to its arsenal, the CEO of the paymet giant Hikmet Ersek confirmed that the company was experimenting with xRapid, but at this stage the solution proved to be too expensive and not as efficient as the company wanted it to be. “We are always criticized that Western Union is not cost-efficient, blah blah blah, but we did not see that part of the efficiency yet during our tests,” Ersek explained in the interview with Fortune. “The practical matter is it’s still too expensive,” he added. XRP/USD, 1-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 EUR/USD Technical Analysis: upside corrective near term. Flirting with the base of the cloud. Scope for a test of 1.1790. FX Street 5 years XRP/USD spikes above $0.4500 handle. Hikmet Ersek from WU comments on xRapid solution. XRP/USD is trading at $0.4567 to press time, however, the situation is changing quickly. While the trigger that caused a strong upside movement is unknown, Ripple price is moving in sync with Bitcoin and other major cryptocurrencies, which are also experiencing a strong growth. Ripple's technical picture From the technical point of view, XRP/USD broke important $0.4500-$0.4530 resistance area, which increased the momentum and pushed the coin higher. Now critical $0.50 is in focus, if the bulls clear it, the upside may be extended towards $0.5309, 50-DMA.… 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.