"We are committed to the long term health and stability of XRP markets." - As Ripple the COMPANY PROMISES.
There are 2 options.
XRP is backed by HOPIUM, HOPIUM which Chris Larsen, Brad Garlinghouse, David Schwartz created. (This is a fact, the 3 of them shilling XRP and hold tons of XRP)
"moneygram, more than X financial institutions using xrp.. larget...
Regulations, Banks adopting XRP, The IMF and Ripple are good friends, global debt.
Imagine if behind Ripple and XRP actual sits the American empire with a solution for lot of problems
will it happen?..
**first of all**
This could be wrong! do your own research!
XRP was designed to be a global currency. There are 100B of XRP. In the end, the utility of XRP will come from it's price. it's price will come from the availability. The availability come from regulations, imf and the whole ripple partners, Central banks all over the world. No one will pump the xrp...
Yesterday, future contracts expired, causing a bitcoin dump to 9200K$. Market Cap stood at 432B$. Two hours later Market Cap stood at 540B$
This play was made by big rich whales and industry working togther. Right after the drop they injected 100B$ for more future contracts.Why would they do that? ask yourself. they know BTC price is going to get higher. and what...
This correction is needed and healthy for BTC.
As you can see in the picture this correction is part of the past.
If BTC Goes below correction to - 8K could be a bear market
If BTC Bounce back to 13-15 and stays there the correction is over and new highs ahead
*Just my thoughts, Look daily RSI. it should end or go to bear market
*BTC Never dies remember what is...