Ripple Joins Giving 4th Initiative to Support Veterans Employment

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 16 hours ago

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Veteran Employment Support: Ripple has announced its participation in the Giving 4th initiative, pledging to support the CODE4Vets program by matching qualifying donations up to $10,000, aimed at aiding veterans' transition to civilian employment.
Diverse Donation Methods: The campaign accepts contributions in cash, stocks, and cryptocurrencies, allowing supporters to donate using digital assets like XRP and RLUSD, highlighting the growing role of crypto in charitable fundraising.
Goals and Progress: The CODE4Vets initiative aims to increase the number of veterans placed in jobs from 165,000 to 200,000 by 2030, with Ripple's contributions directly impacting this goal and raising awareness of the value veterans bring to the workforce.
Matching Fund Cap: Ripple's commitment to match donations is capped at $10,000, with the final amount reflecting the level of eligible contributions made through the campaign's official page, ensuring transparency and engagement in the fundraising effort.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP 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 crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP 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 $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.824	0.917	0.999	1.092	1.174	1.267	1.349
Fibonacci	0.917	0.983	1.025	1.092	1.159	1.2	1.267

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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