Ripple (XRP) announced that the payment remittance firm extended its collaboration with FCA regulated digital securities exchange Archax.
Ripple extended collaboration with Archax for tokenizing Real World Assets at the XRP Ledger APEX 2024 summit. The FCA-regulated digital securities exchange could help RWA projects bring their assets to XRP Ledger. XRP extended its seventh day of losses to nearly 8% on Friday, down to $0.48. Ripple announced that the payment remittance firm extended its collaboration with FCA regulated digital securities exchange Archax.
The signal line crossed over MACD on Thursday, June 6, confirming the decline. XRP/USDT 1-day chart In the event of a daily candlestick close above $0.4955, the 23.6% Fibonacci retracement level of the decline between March 11 and April 13, the bearish thesis could be invalidated. XRP could rally towards the Fair Value Gap between $0.5008 and $0.5164. Once the gap is filled, the altcoin is expected to resume its decline.
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