A Leading Developer of Real Estate in Dubai Takes XRP as Payment

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A few weeks ago, Keturah Reserve’s commission was publicly announced by MAG, a renowned real estate developer in the United Arab Emirates (UAE). With over $3 billion in value, Keturah Reserve is one of Dubai’s most opulent and sought-after residential neighborhoods.

Key XRP Levels To Watch – December 22

One of the payment options, according to the company’s official brochure, involves using XRP. XRP is one of the 19 cryptocurrencies that are accepted for use in cryptocurrency payments, although there are still other payment methods available. It is anticipated that the value of XRP will rise over time as more businesses and organizations continue to accept it as a form of payment.

A leading developer of real estate in Dubai takes XRP as payment

Before the massive rally in September this year, the market was typically consolidating within the 0.3750 and 0.3190 price levels. The consolidation lasted for three months, beginning in June 2022.

However, before the consolidation phase, the market had a descending order flow. Following the consolidation, XRPUSD made a rapid rally within a month, after which the downward flow was resumed. With the current trading range clearly defined, XRPUSD may continue to fall as it reverses from the premium.

Binance Coin Key Levels

Resistance Levels: $0.9130, $0.5590, $0.5100
Support Levels: $0.3750, $0.3190, $0.2530

Total Market Capitalization: $809.64B
XRP Market Capitalization: $17.56B
XRP Volume: $0.68B
Market Rank: #7

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.