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
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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.
I like your BTC to XRP ration with etherium etc. Very nice !! I'm in your camp XRP is undervalued especially when you look at management!!!
BTCINVESTING
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@goldbug1, thx for your comment. Yes, the management has to deliver now. ripple really has the chance to become a big solution for the financial world and can become the direct interface to the cryptos. I hope they don't screw it up and do their job. :-)
goldbug1
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@btcinvest.de, One of my favorites and a core holding for sure!! I believe the CEO was from the AOL board. They are not messing around!
BTCINVESTING
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@goldbug1, Yes, that's what I think. I am invested in ripple, too.
BTCINVESTING
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the chart did not hit. here the preliminary chart. I'll post it soon.
iarrow
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target failed ?
please update the chart
BTCINVESTING
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@iarrow, yes, target failed. target will come later. new post see above.
iarrow
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@btcinvest.de, thank you for reply,do you think tomarrow will back again ?