In my view, after 7 months of agony that investors have faced this year - hoping, praying, waiting patiently for the storm to pass, some losing faith, some weathering the storm, some drowning.. suddenly the clouds have broken and the sun seems to be breaking through.. We are right at the SBI launch, the Nasdaq backed exchange is round the corner, Coinbase has got the green light to list tokens that may be deemed as securities, addition of other XRP fiat based exchanges etc etc.. logically there is no reason for XRP to go down except unless BTC crashes, but then considering the fundamentals of XRP and whats happening this month, this fall would be very short lived.. the only way I see XRP going is UP.. not expecting any spike but a slow and a very assured growth in the value of XRP in the coming months.
Sit tight, I think the ride has just begun..
My opinion is partially based on my chart above and partially on whats happening around in the news.. but please DYOR and trade as per what you think is right. Good luck !!
We are at the same juncture now and XRP is now consolidating for another shot at the 0.51/0.52 level this week.
This week, with the momentum that it will gain from the volumes coming from the various XRP based exchanges, XRP will break free to take on the next formidable challenge of 0.71/0.73 levels in the coming weeks.
All the best to all, just my opinion, DYOR !! Good luck to all.
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you say Swift can just wake up tomorrow, use block chain and bingo they will beat Ripple to it.. you need to wake up.. block chain is a part of it (albeit a big one), the solution by itself is patented by Ripple labs.. why do you think out of the 1600+ cryptos available today to you and me.. no one else is able to replicate what XRP is doing.. you will probably say XLM.. but then you must read up (since you like to) on where they originate from.
XRP is the is stem cell currency for cross border payments.. and with the coming of Cobalt its going to get even stronger and I am sure then people like Amazon will also jump in on their systems.
IBM backs XLM. SBI (60 banks), Santandar, AMEX to name a few back Ripple.. can you name any other token backed by a big company.. now please dont say pornhub and tron.
Maybe I am ignorant and I will pay for my ignorance in the future.. but the way I see it at the moment.. I will probably get paid for it.. and thats good enough for me.. I dont know what you have against Ripple.. but it takes all kinds to make the world.. Good luck to you.
The difference is that bitcoin and most of the others cryptos like ethereum has got other use cases not just to be a token part of the only one purpose than being the street to transport ripple.
Ethereum blockchaine network is a growing development network to create the fundamental of Web3.0, blockchaine software development is being used to multipurpose tasks, security and privacy are key for this developments on the roots of bitcoin and ethereum and others but not ripple,
XRP was created in one second not mined, now ripple still under 3 law issues...
XRP is totally inorganic
Anyways, I continue to believe in the potential of Ripple and XRP.. Good luck to you.