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Ripple Price Prediction March 28th





Ripple Price Prediction March 28th. Ripple after a significant move down to  .000016 vs Bitcoin  Ripple looks like it will breakout to the upside as a big move out of the low range of the bollinger bands has occurred  taking a looking at the 1 day chart below.   .000016 has had decent support before as an earlier spike down saw a reversal. If support at .000016 falls look for another move down to .000012.  The price should rise to .00002 vs Bitcoin in the near future. The Stochastic RSI is in a downtrend at 10 and looking to flatten.The CCI is at 43 forming an uptrend after leaving the channel low range. There is a chance of the downtrend continuing so definitely keep an eye on lower support.

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Ripple News

Ripple Continues Global Growth With New London Office to Serve European Bank Demand
SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the global provider of financial settlement solutions, today announced the opening of its European headquarters to better serve growing bank demand in the region. The office will be located in London, and led by newly appointed Managing Director of Europe, Daniel Aranda. New hire and industry veteran Patricia Pittomvils will join him as Sales Director of Europe.

“We’re excited to continue growing our global presence by establishing roots in London, one of the most important financial centers of the world”
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“We’re excited to continue growing our global presence by establishing roots in London, one of the most important financial centers of the world,” said Ripple CEO and co-founder Chris Larsen. “After establishing our APAC subsidiary last year, we’ve seen tremendous traction in Asia, leading to the recent creation of SBI Ripple Asia, and we’re looking forward to similarly rapid growth in Europe starting with this new office.”

With the opening of the London office, Managing Director Daniel Aranda is relocating from Ripple’s San Francisco headquarters to lead the company’s European presence. Aranda was among Ripple’s first employees and has served as a key member of the company’s business development team since 2013, helping shape the overall company strategy and build the customer pipeline. Today, the majority of Ripple’s current partners are based in Europe, such as Santander and Fidor Bank, and the company continues to see strong customer interest regionally for its cross-currency settlement solutions, the only enterprise blockchain products available in the market.

“The European region is unique as an established global financial center that is leading the industry in embracing new technologies and modernizing its banking infrastructure. We see enormous potential here,” Aranda said. “European banks are proving to be first adopters of distributed financial technology and, in particular, Ripple’s solutions.”

 

 

SBI Holdings (Ripple Partner) joins R3CEV
March 14 , 2016
SBI Holdings, Inc.

The Company ( Head Office : Minato-ku, Tokyo , President and CEO : Yoshitaka Kitao ) , this time the United States FinTech companies R3 CEV LLC ( Headquarters: New York, USA New York City , CEO: David ( David ) Rutter ( Rutter ) , below since it was decided to participate in the ” R3 CEV company” ) block chain consortium “R3″ to be led by , we will inform you .
R3 CEV , Inc., a US start-up companies with the strength to block chain technology , we are promoting a project for the establishment of the block chain technology on a global scale .
R3 consortium CEV Inc. -led ” R3 ” are financial institutions 42 companies of the current world countries are participating ( 2016 end of February ) , to take advantage of the block chain technology , the world’s largest to address the efficiency of financial markets It is the working group . In already part of the financial institutions participating in the consortium , has been promoting , such as demonstration of the block chain technology , we are promoting the use of the financial services of the same technology.

 

Hype Springs Eternal [A dozen banks are using Ripple]

Available supply has increased over time, as Ripple Labs continues to distribute its XRP holdings, but total supply has only ever decreased. Calculating market capitalization according to available supply of XRP is in some ways similar to calculating Bitcoin market cap according to mined Bitcoins, as opposed to the total number that will ever be mined. Initially, coinmarketcap.com calculated XRP market cap according to total supply and received criticism that the number was misleading, since it did not represent the total number of XRP potentially available at market.

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