On Monday, the cryptocurrency exchange has confirmed that the people of new York can now buy, sell, convert, send, receive and store XRP online or through the app Coinbase.
After the news, XRP, cryptocurrency, Ripple, increased by 20%.
It took a lot of time for holders of XRP since then, as rumors spread about listing on Coinbase. But concerns about the regulatory status of cryptocurrencies has led to the fact that the listing did not take place until 2019.
For the first time Coinbase has added XRP to their platform Coinbase Pro in early 2019. Over the next few weeks, the token was added to his retail online exchange, but with restrictions in new York and the UK. As of Monday, the full new York schedule is finalized.
Coinbase has increased the number of tradable assets on its platform over the past twelve months. It now supports bitcoin, Bitcoin to Cash, Bitcoin SV, Ethereum, Ethereum Classic, litecoin, Stellar Lumens, XRP, Basic Attention Token, REP, zcash for, 0x, and other suggestions on Coinbase Pro.
XRP is trading at 20% above the intraday pushing the third largest market capitalization of over $16 billion At present trade level of $ 0.39 exceeds that of other markets, an increase of 21.5% and bitcoin time to revert to $7889.
The price is also underpinned by news that the second largest exchange in Germany approved bond XRP (ETN). This step will allow German investors to easily access to XRP and other cryptocurrency.
However, the surge puts cryptocurrency to Perekupnoy dangerous territory. With the relative strength index (RSI) now above 70, the correction at the bottom side is a high probability.
Despite today’s surge, and a number of strong bases, XRP are unable to make use of a cryptocurrency revival this year.
Thanks to only 6% growth compared to the previous year, it remains one of the worst digital assets. Only Stellar Lumens showed worse in the top ten this year. In contrast, bitcoin has increased by 112%, and Binance Coin – 295%.