Ripple’s XRP continues to receive great support from various exchanges just after we usher in the new year. The latest support comes from Bitrue where the token has seen the addition of five more trading pairs. The announcement was made via the exchange’s official Twitter account and reads: “Bitrue in the house! Thanks @sentosumosaba. Bitrue adds 5 new XRP PAIRS! TRX, XLM, NEO, GAS and OMG.”
The exchange was incepted in 2018 and within a short time became the preferred platform for the XRP community. The team at Bitrue accords the followers with utmost enthusiasm and good service. The platform also uses XRP as its base currency. Besides, its growth has been tremendous since the official launch in July 2017.
“As we pioneered in adopting $XRP as a base currency, XRP trading volume has contributed the majority of our overall volume. XRP daily trading volume on Bitrue grew from 0 to 10 million by end of December.”
Ripple’s XRP technical picture
Ripple is still trimming the gains on Thursday, besides it has slipped below both the 50-day and the 100-day Simple Moving Averages. On failure to correct growth above $0.38, the asset has been losing moment and currently changes at $0.358 while heading for the next support zone at $0.35. The RSI on the same chart is entering the oversold region to show that selling activity is bound to dominate in the coming sessions before the day ends.