Ripple/BTC (1D): Swell ... maybe 0.00005 > 0.00007 > 0.00010 BTC

I keep saying it over and over again ... In my opinion Ripple is still undervalued compared to Bitcoin and Ethereum. Why? If you put the value of Bitcoin in relation to its circulating quantity and you compare this as an index with Ripple, the price of Ripple compared to Bitcoin is around 10, if Bitcoin would be 100. The Index of Ethereum is 40, just for info.

Ripple is a blockchain application for financial service providers and banks. Ripple connects them and companies to send money globally. It is more a competitor to SWIFT than to Bitcoin.

A conference (Swell by Ripple) is held in Toronto from October 16-18. Until this date and after, interesting news could stimulate the market.

Targets: > 0.00005 > 0.00007 > 0.00010 BTC

Let's see what happens. Happy trading. :-)


See also:

Chart Sept 16

Chart Aug 20

Chart Jul 23

Chart Jul 11

Comment:

Update xrpusd (8h): next week will be very important for the development of the BTC. The ratio of value to Ripple will change accordingly. Let's see if Ripple can stand up to BTC, possibly as a hedge.

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Current update (8h): Ripple on track. Let's see how much the ripple "swells" towards the BTC until the congress in Toronto.

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ripple on track ...

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significant development. let's see if the positive trend continues.