Obviously we're very bullish on ripple & xrp. Ripple already have 25b cashflow and 0 debt which it can reinvest into the xrp eco system as we have already bear witnessed through donations to several projects.
No matter if xrp and all cryptos be valued as securities or as a new class xrp will skyrocket. Every week since september new banks, new partnerships has been announced. For xrp to go back to 0.4 which was the previous ath before the recent surge would unlogical considering how much fundamentals have changed since July 2017.
Weather by measuring transactions or accounts created every metric has increased.
A clear cup and handle or regular accumulation cup pattern is to be expected. XRP is the crypto that has the best chance so far in making it amongst the 99% who will ultimately fail when smart money gets involved
Always trade with care
Only invest what u can loose
No matter if xrp and all cryptos be valued as securities or as a new class xrp will skyrocket. Every week since september new banks, new partnerships has been announced. For xrp to go back to 0.4 which was the previous ath before the recent surge would unlogical considering how much fundamentals have changed since July 2017.
Weather by measuring transactions or accounts created every metric has increased.
A clear cup and handle or regular accumulation cup pattern is to be expected. XRP is the crypto that has the best chance so far in making it amongst the 99% who will ultimately fail when smart money gets involved
Always trade with care
Only invest what u can loose
Comment:
for short-term, try to trade the forming descending triangle with a stop-loss a few % below or above the trendline depending on the side but triangles vaucum volume are always messy so better imo to stick with longer term 9month->2yrs