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XRP: Has Never Experienced a Bull-Run

POLONIEX:XRPUSD   XRP / U.S. Dollar
Hello, Everyone! XRP has been kind of a unique phenomena. Take a look at the chart, what do you notice? Except for three parabolic bull SPIKES, XRP has always been in a down trend or flat. Those three parabolic runs lasted for an approximate total of four months out of over the last five plus years of trading. I think that's why most traders and investors feel tension with XRP without them even understanding why. Whether you consider it artificial or genuine, look at the DJI chart from 2008 to present. Now that's a bull-run! Eleven plus years with a support level at a positive 30 degrees! Check out the BTCUSD chart from 2015 to the 2017 peak. Wish that was XRP? I believe it's coming. I believe XRP could be coming into a two to five year run if all its developments realize fruition. The next six months is going to be massive for crypto adoption. One of the biggest overlooked developments for XRP coming on-line is DTCC. They just initiated 24/7 capability and on Feb 24th it goes live. At 100% they can utilize XRP for $5T + a day. And they LOVE XRP! Right now XRP needs to set and hold a new high above .50¢ to start establishing a bull trend. Once the XRP price train gets rolling I wouldn't want to be left at the station... -- Get $ome!

Comments

Agree. This weird instant-parabolics is nothing that can be repeated the more liquid and widespread XRP becomes. I'd love to see a true, multi-year bullrun for a now majured asset.
+1 Reply
Interesting perspective, thanks for sharing. I am gonna look into the DTCC, thanks for the heads up.
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