SUMMARY
RIPPLE (XRP) is the miniature version of Ethereum. Check out the gorgeous symmetrical triangle with a,b,c,d,e waves! There are no sexy curves, but boy does each have three waves! Price is also very close to the apex (point where triangle lines intersect). The closer price appraoches the apex, the more pent up the Bullish Energy gets. Like ETH which sports the exact same pattern, RIPPLE is ready to EXPLODE on the UPSIDE! Target $0.64 or higher!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Will buy more on the next DIP ;)
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ETH and XRP, my two biggest positions atm. Let's go!
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You should really consider adding bitshares (bts), imho
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I've been gradually buying BTS as well! Now my third largest postion ;)
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BOOM BABY ARRRRRRRRRRE YOOOOOOOOOU REEEEEEEEEADY!
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Ripley in the summer of 2018 will cost 5/10 dollars
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XRP will never be worth that much - you need to understand the use case and the economics behind XRP. It is used by the company Ripple to fund their company operations - they have 48 Billion coins locked up in Smart contracts one of each which vests each month (starting this month) and this releases another 1B coins. They can spend as many of them as they want to fund their business goals. Any that are not used will be wrapped up in another smart contract and tacked onto the end of the chain of 48. The Ripple XRAPID network is in place for Interbank transfers (trying to replace the SWIFT network). Ripple are aiming for the low hanging fruit initially such as Indonesian Rupee to Malaysian Dollar transactions and are trying to use XRP as the token to facilitate those transfers - so it becomes the currency of their network - rather than just a way to pay for their business. If this does get widescale adoption - there is no way they are going to let the price rise out of control as that is the last thing banks want when sending money
All of this info can be found on their Website, in their blogs and on their user forums
Craig
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we are in a speculative market, what will happen to the price in the future, the speculators decide what the price will be ... but I agree with the facts that you publish, thank you for your opinion
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Unfortunately ripple will (probably) never be worth more than $1 USD :(
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do you ever do analysis on weed stocks? or strictly crypto?
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Weed cryptos sure.....any requests?
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what about that Paragon coin? i tried to buy into the ICO but the website was always stalling every time I tried so I gave up. or any other one u can think of?
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I think Potcoin has the early advantage. Here's a post I did about them a while back, not much info, but the comments brought up a coin I hadn't heard of until then that offers free fem seeds for holdings, kind of a POS bonus!
https://steemit.com/marijuana/@scarlet7/potcoin-thc-coin-cannabiscoin-weed-weed-weed-why-this-might-be-the-best-coin-market-to-get-into-its-the-color-of-money
I explain why I think one or two of those coins is actually going to be very valuable AND useful.....which most coins are not both of those things.
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thanks i read and posted. and am now reading about that ganja coin cheers
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Speaking of Explosive, American Express and Ripple right now!
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I hope it comes true! http://www.cryptocoinviz.com/currency/ripple-xrp
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How did you know? I want to be your friend!
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Boom! and now the news of AMX / Ripple and the price is up 18% Nice one haejin, you're on fire!
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This might actually be time, this time.
It does look like it's about to go. ..
If we're correct it means we could be here:
In which case it means the drop just now makes sense although a lot of people will miss it because it seems just like classic Ripple, but this time I think it's different. Charts suggests it's completed the cycle and all signs point to the moon so it would be about this time, and recently things have been tuning turning skyward ........ so...😅😶.... nervous face
If we do see another it will be huge, but perhaps not as big as Doge's which will be on a scale that may dwarf the all...
So many alts are completing their cycles some of which have taken many months to complete. Some have taken a hit with Bitcoin being launched into the stratosphere when it snaps back from the sudden crash caused when Bitcoin Cash failed to maintain it's momentum, like Neo, Dash, Ethereum which need a short reset cycle. This could be a watershed moment like we saw last year.
Lisk wasnt' unaffected and of the first to start.... the spike just now appears may be just the start ...
LARGE IMAGE HERE
(Steemit always makes them tiny for some reason)
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Nice review
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Super harika olmus elinize saglik.
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XRP has to be revisited , it is in an accumulating phase most probably
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