XRP/USD Breaks Below Daily Ichimoku Cloud [Video]

Kiana Danial, CFP Invest Diva

Cryptocurrencies including Bitcoin, Etherum, and Ripple, mostly consolidated on Friday as traders and miners alike digested the range of negative coverage in the blockchain industry in the past few weeks. Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market, with many key Japanese stores accepting Bitcoin in exchange for goods. Meanwhile, in the US, Miami’s real estate industry has opened up to accepting Bitcoin for some million dollar properties, which certainly puts the cryptocurrency back on the map. On the other hand, Ripple, one of the newest of the cryptocurrencies has crossed below the daily Ichimoku cloud as it trades against the USD. This could be an indication that we’ll see further drops in the pair towards the all-time low level of 0.14. Thanks for watching, invest responsibly, and I’ll see you with more updates tomorrow.

Author

Kiana Danial, CFP

Invest Diva

Kiana Danial is an award-winning, internationally recognized personal investing and wealth management expert.

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