On November 5, XRP rebounded as price rallied above the SMAs. This rally resulted in a continuous retest of the $0.26 overhead resistance. On November 7, the bulls retested and broke the overhead resistance as the price reached a high of $0.267.
Italy is known for favouring innovative technologies such as blockchain. Now, the country is trying to implement the tech in its banking sector. The Italian Banking Association announced that 100 of the country's banks have applied the Spunta solution for the banking sector.