XRP and Good Move from Binance

Binance has announced new rewards in the form of XRP for users who participate in “Learn and Earn” courses by taking an online test on August 24.

Binance Quotation has added support for the digital currency XRP, allowing users to share XRP and earn up to 1.40% APR in rewards.

Binance also announced the addition of XRP as a payment method using the Binance Card, making it available to more than 60 million merchants around the world through this integration.

XRP is witnessing a noticeable whale activity, as well as great optimism, as a $100,000 rise was recorded in XRP dollar transactions and in addition, sentiment is at its highest level since April.

Santiment also told that XRP sentiment is currently at the highest level since April of this year.

XRP is trading at $0.336 at press time, down nearly 1% from the day before.

On August 17, the bulls were unable to push Ripple (XRP) above the upper resistance at $0.38, indicating that the bears are still holding on to the level.

At $0.29, XRP may provide a strong support from which buyers can move forward.

If the price moves back below $0.39, this means that activity may remain range-limited in the short term and the price movement within the range is usually volatile and unpredictable.

Therefore, experienced traders usually refrain from opening a position until the breakout occurs.