kyer

$XRP Start of Next Bull Market

Long
KRAKEN:XRPUSD   XRP
XRP is leading the crypto market this week in terms of upside gains at the moment and it looks like XRP is on it's way to close out the top of this valley drawn out at 0.25872

It bottomed out and moved sideways just underneath the 0.24535 support level and now hit TP at 0.24820 and found itself above the uptrend too.

Ripple has also published its third annual report on "Blockchain in Payments" with positive results for the blockchain industry, the XRP coin, and cryptocurrencies. Business interest in digital assets, when paired with blockchain technology for payments, has grown sharply as early adopters look to increase the speed in payment settlements.

In terms of adoption the report found that 34% of participants are in the production of some solution with blockchain technology. Therefore this sector has made a leap between "early adopters to early majority". 24% of the participants expect to complete production and move on to a pilot test and a proof-of-concept within the next two years. Adoption is coming and will explode in the next few months going into the end of the year.

1st TP 🎯 0.24961
2nd TP 🎯 0.25319
3rd TP 🎯 0.25872

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