BINANCE:XRPUSDT   XRP / TetherUS
In December, we caught ripple in the zone 0.180-0.186
and after that we can see an interesting reversal formation with confirmed volumes that you can see on the chart
After we reached the price of 0.253 we went down to the 50% level of fibonacci. formed a falling wedge pattern and it is likely that we will come to the price of 0.237 in the next week

In the 4th quarter of 2019, Ripple's XRP sales fell 80% compared to the previous reporting period and amounted to only $ 13 million

Best regards EXCAVO
Jan 26
Comment: in 2020 there are chances of an IPO Ripple
Jan 26
Comment:
Jan 28
Trade closed: target reached
Feb 04
Comment:
Feb 04
Trade closed: target reached: second target reached

Related Ideas

Comments

This is a perfect call. Impressive.
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Each month Ripple releases and cashes in 1,000,000,000 xrp on the market. That is 240 million US Dollars. What do they need that much cash for and why does the market still trust xrp?
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@ttk100, you are mixing up two things. The actual release of the escrow vs the sales. Escrow is a programmed release.. Ripple basically put everything back in Escrow. Why you need an IPO? A good question. But an IPO brings investment money. A digital asset holding doesn't count the same on the balance. See the valuation of Ripple versus the investment rounds (including serie C, 280M vs 10B)
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And you did it again! Amazing!
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agree
bullish flag inside an ascending channel
but better to wait breakout
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your idea is good) my xrp work
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Would an IPO for Ripple be bullish for the price of its XRP token?
Reply
EXCAVO toymachien3
@toymachien3,
I think this news will push the price
Reply
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