U.S. Space & Defense Research Paper: Ripple (XRP) Designed for Banking Institutions
U.S. Research on DLT: A 2018-2019 U.S. Space and Defense research paper distinguishes between blockchain and distributed ledger technology (DLT), classifying Ripple as a trusted, open-permissioned ledger suitable for banks and regulated environments.
Ripple's Role in Financial Infrastructure: The paper emphasizes Ripple's design for institutional use, enabling real-time asset transfers while ensuring accountability and access control, positioning it outside the realm of retail cryptocurrency speculation.
Focus on Identity and Access Management: The research highlights that DLT adoption is more likely to scale in areas like identity management and regulated settlement, which are crucial for national infrastructure and require overcoming significant regulatory barriers.
Evolution of XRP Ledger: The XRP Ledger is evolving to incorporate privacy-focused features that address identity and access challenges, reinforcing the paper's relevance and indicating that Ripple's architecture was designed for institutional adoption from the outset.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author
