Tanya Abrosimova
Independent Analyst
- XRP is now integrated with an ecommerce platform Woocommerce.
- The coin is locked in a tight range amid bearish sentiments.
XRP/USD is changing hands at $0.3148, marginally down since the beginning of Wednesday, The third largest coin with the current market value of $13B has been rangebound with bearish bias recently, moving in sync with the market. The coin’s recovery is effectively capped by $0.3200. This psychological barrier is enhanced by the downside trendline from December 25 high (currently at $0.3190). The nearest support comes at $0.3129 in the form of DMA50.
What’s going on
Meanwhile, Ripple has made progress on its way to mass adoption through an integration with an ecommerce platform Woocommerce that serves 3.3 online stores.
The integration came as a result of a bounty program launched by Wietse Wind. The company offered 3,000 XRP (about $900) to anyone who can integrate XRP with Woocommerce.
The price received Jesper Wallin, the developer who successfully realized the integration task exposing XRP to millions of potential users.
Wietse Wind checked the code and sent the prize to the winner
“Thank you @empatogen, you just received your $XRP Community Fund bounty. I just: installed Wordpress, installed WooCommerce, installed your plugin, paid my own dummy product with $XRP... in under 10 minutes” he wrote in Twitter.
Integration with Woocommerce might become a milestone in XRP’s development as millions of users will be able to use it for their inline purchases in a hassle-free way.
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