VivoPower Targets $300M Investment in Ripple as XRP-Related Holdings Approach $1B
VivoPower's Joint Venture: VivoPower is partnering with Lean Ventures to create an investment vehicle aimed at acquiring $300 million in Ripple Labs shares, providing investors indirect exposure to approximately $900 million worth of XRP.
Target Market: The investment vehicle is designed for institutional and qualified retail investors in South Korea, a key market for XRP, where demand for Ripple's products has been increasing.
Ripple's Strategic Moves: SBI Ripple Asia has signed a memorandum with Doppler Finance to enhance XRP's role as a yield-bearing asset, while Ripple has also partnered with Amina Bank AG to expand its payment network in Europe.
VivoPower's Financial Strategy: VivoPower has previously raised $121 million to support its treasury based on XRP and has engaged in yield-generating structures using XRP, indicating a strong commitment to integrating digital assets into its operations.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK 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, BANK 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 $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000287 | 0.0143 | 0.0254 | 0.0394 | 0.0505 | 0.0645 | 0.0756 |
| Fibonacci | 0.0143 | 0.0239 | 0.0299 | 0.0394 | 0.049 | 0.055 | 0.0645 |
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