Ripple currency is posting strong profits and expectations of a recovery!
Ripple currency recorded strong gains during trading today, Friday, and began to recover significantly, reaching $ 0.44%, and the total market value of Ripple currency reaches $ 19,907,079,688, and a daily trading volume of $ 14,777,782,533.
The movements of the Ripple currency currently indicate an upward trend with expectations that it will rise to the levels recorded earlier in the week, especially as it finds strong support at levels of $ 0.35, and with its current rise towards the levels of $ 0.45, it will most likely continue the upward trend towards $ 0.75.
The Ripple coin found support from the announcement by a subsidiary of the Japanese financial giant SBI that its clients would be able to use the Ripple currency to lend and make profits from it.
Ripple currency is trying to recover from its losses in light of the continuing arguments between the company responsible for managing the operations of the digital currency Ripple XRP and the US Securities Commission, which it has suffered since the committee began pursuing the company.