I caught Ripple two days ago after watching that first triangle (see how nicely it crawls the top of the triangle before breaking out)- now we're at it again. resistance is at $1.30, if we break through that the next stop may be $1.50 - remember that money is flowing in from other cryptos now tat everybody expects further dips for bitcoin, litecoin and the likes...
The coin is mainly supported by banks which means that the crypto community is not very fan of this coin as it is somewhat centeralized. The market capital of Ripple needs to be around 387 billions dollars which can be difficult if needs to reach 10 dollars. Although the prospects of cryptomarket in general are good
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I'm not a fan either, I just bought quite a few with money had withdrawn from my bitcoin funds, and I sold again ten minutes ago, after I felt I had made sufficient profit, now waiting to maybe re-enter after the next retracement, which will likely be a tiny one.
People who are into crypto for philosophical reasons have my greatest respect - my feeling is however that most are not. $10 sounds too good to me ;)
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Well that proves that banks are clever, embrassing the new technology to reduce costs and improve efficiency. If Ripple gets to completely replace the SWIFT protocol for interbanking transfers then $10 is very much possible. Just be a little pacient
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Not to mention all the apps banks can construct for its costumers on top of this.
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