The U.S. Consumer Financial Protection Bureau (CFPB) believes Ripple’s solutions can enhance the transparency of the payment industry. It is stated in the report on international payments under the act on electronic money transfers. It follows that the agency is closely monitoring new trends in the industry, including the activities of digital currency issuers like Ripple. The report says that banks and credit organizations are increasingly working with closed payment systems. It complicates the calculation of commissions and other fees, including currency exchange rates. Ripple solutions can increase the transparency of the payment system for all parties:
“The Bureau also believes that the expanded implementation of GPI from SWIFT or the Ripple toolkit will allow banks and credit institutions to know the exact amount that will be received by the payee before this payment is sent.”
We would like to remind you that in April this year, Ripple entered the market of trans-border transfers of $6.7 billion per year. A month earlier, Ripple’s Partner refused a $36 billion solution with XRP for the market of trans-border transfers.
Technical analysis of Bitcoin (BTC):
Over the past weekend, the price of bitcoin dropped to the support level of $9,100. Then it rose again to the resistance level of $9,950. Now, it is $9,630. In the future, we predict a flat with a narrow price corridor between $9,200- $9,950. The nearest resistance levels are $9,700, $9,950, $10,000, $10,250, $10,500. The nearest support levels are $9,400, $9,200, $8,600, $8,150, $7,900, $7,600, $7,500.
Technical analysis of Ethereum (ETH):
Over the past weekend, the price of ethereum fell to the support level of $191. Then it rose again to the resistance level of $216. Now, it is $212. In the future, we predict a flat with a narrow price corridor between $204-216. The nearest resistance levels are $216, $218, $226, $245. The nearest support levels are $209, $206, $204, $200, $198, $193, $189, $186, $183, $178, $174, $169.
Technical analysis of Ripple (XRP):
Over the past weekend, the price of ripple dropped to the support level of $0.1950. Then it rose again to the resistance level of $0.2080. Now, it is $0.21. In the future, we predict a flat with a narrow price corridor between $0.1950-0.21. The nearest resistance levels are $0.2060, $0.21, $0.2150, $0.22, $0.23, $0.2350. The nearest support levels are $0.2020, $0.2, $0.19, $0.1820.
