The project that manages to streamline escrow services for high value transactions are likely to take the throne in the DeFi space in the near future. But that involves establishing enough of a reputation and trust for people to feel comfortable putting their money in. Who will be the first to take it?
Will a giant bullish breakout follow in the next weeks after the accomplished 55bn XRP escrow ?
Maybe the banks will now use XRP in a big way and we will see the long awaited price increase .
Lets see what will happen.
Leave a comment and share your point of view! :)
XRPUSD Daily
After weeks of waiting and being almost technically dead, Ripple just made the long awaited escrow announcement. Regarding the technicals the recent leg to the downside might have been wave E, which should result in an impulsive break to the upside. Chances are that this might be the start towards new all time highs. Targets are set at 0.34 and...
