Coinbase Pro announces XRP listing

Coinbase Pro announces listing of XRP; XRP/USD jumps double-digits to session highs.
They detailed that XRP deposits must hit “sufficient” levels before trading officially commences.

Ken Chigbo Independent Analyst

Ripple’s XRP has been jumping aggressively, gaining a whopping double-digits, after it was announced that it will soon to be available on Coinbase Pro. They detailed that XRP deposits must hit “sufficient” levels before trading officially commences.

Coinbase Pro tweeted:

When XRP?? Now! XRP/USD, XRP/EUR, and XRP/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours.

XRP/USD is trading up around 12% at the time of writing, up around session highs. The bulls must breakdown heavy supply, which can be observed from $0.3500-0.3600 price region. This comes ahead of another chunky barrier at the $0.4000 territory.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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