Everything is ready for XRP to reverse

After having 93 days of downtrend, Ripple is gearing up for a strong reversal! All the oscillators on the daily interval are currently at the oversold area and the daily price is about to cross into a new level. Add to this the fact that the daily volume has been above SMA20 for the past week. This could potentially be the bottom for XRP.
I sold some XRP this morning to get in the ground floor of BCH. But I will be back for XRP soon as Bitcoin continues to play out. Bitcoin is the speculator's coin, but eventually Ripple Network and its native XRP is going to rule the roost. The some 100 banks and at least one Central Bank so far that is going the Ripple route will eventually drive up prices. While Bitcoin and its new children and soon to be grand children (putting the breaks on any more rise of original bitcoin) is fun and intresting to watch, Ripple XRP is gearing up for the long haul. This is the way I look at it. There is about 7 trillion USD in circulation right now to close daily bank payments around the world. As banks turn to Ripple they will also carry more and more XRP. So while 100 billion set XRP might sound like a lot that is actually 70USD per XRP if it were to replace the dollar in transactions alone. You can always print more USD but we know that XRP will have 100 billion units. Will XRP reach 70USD? Maybe and maybe not, but sometime in the next year its going to start making a move upward. This is without the speculation that Bitcoin goes through and its weakening as the chain splits (inflates). But based on the banking paradigm. Without speculation and based on banking requirements alone, I could easily see XRP at 40USD within 3 years. I think XRP is a good buy right now I just needed to get a jolt from the BCH and will do it again if there is another split in Bitcoin. I see price being weak in Bitcoin right now and I see BCH going up to easily 2,000-4,000USD very soon.
+3 Reply
samdeering randystewartmiller
@randystewartmiller, have the banks confirmed they will even use XRP for payment of transactions?
I'm skeptical as theres about 15 shitcoins ahead of it in volume, plus it has pairs other than BTC which makes it tough
+2 Reply
Where are we going to end up? What time frame for the long? Week? Two?
unbound STalpur
@STalpur, if the break out into the new Gann Fan level is strong it could go all the way up to touch the next level line (about 0.00008). there will be sell offs along the way that could slow this down. anyway I think the strong break out will confirm the reversal.
STalpur unbound
@unbound, thanks :)
@STalpur, If you want my guess we will be at .35 cents on XRP by the end of the year 2.00 next year and 15.00 the year after that and then you see XRP start to become a speculator coin as the 100 billion reserve runs out. That can be accelerated if major players start moving into the market and want to get in before the 100 billion reserve gets flushed into circulation and just want to speculate on it.

A lot depends on how many banks continue to go with Ripple. Ripple really works the banking industry hard as the network of settling payments. Bitcoin is a free for all coin. I kind of liken Bitcoin to Myspace and XRP to Facebook. Or Bitcon to Motorola RZR and XRP to Apple iPhone. Right now the shine is with the Motorola RZR circa 2004. Then comes the Ripple slam as the network nodes across the world are iin place. That then becomes the iPhone. If you don't have that kind of patience you need to be in BCH or the next hot thing.

+1 Reply
STalpur randystewartmiller
@randystewartmiller, I'm only here to make a quick buck man, no one who actually has a life actually knows what cryptocurrencies are, markets are manipulated mainly by whales and institutional investors. Once you get past the "hodl!!!111oneone" and being emotionally invested in a particular currency or stock is when you'll start making real money. The whole premise behind "hodl" is flawed, you're tying up your capital into a trend which might not even hold, someone might come up with a Samsung galaxy to compete with the ripple. Who knows.
+1 Reply
@STalpur, @randystewartmiller I agree, especially for something like Ripple XRP. XRP is not an investment; it's for PUMPING. And I see no evidence of a good PUMP until at least September. But it doesn't have to. In fact, it can flop to 10 cents... 5 cents... and stay that way for a whole year... or forever.

But there are many others that are being PUMP'ed right now like BCH. That is also a worthless coin. But I love it for its PUMPS. XRP is nothing special. Already has lots of stuff priced-in.

Don't get me wrong; I LOVE <3 XRP... when and IF it PUMPS!

Other than that... totally worthless and not something to hodl.

BUY only on confirmation of PUMP. DO NOT HODL it.
I made 40K by following your previous TAs, i will definitely follow this one as well! XRP it is. Thanks for sharing!
+1 Reply
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