Is #XRP manipulated?

in xrp •  8 years ago 

Hi this post will most likely make some people mad at me but I do believe that #XRP is manipulated, if you look at the charts I have put in the post, you see that in May #XRP had a huge run up in May just a little like we saw in December.

Why is that? Well my theory is that's the banks are pushing the price of #XRP up, why do they do that? I think there's a easy explanation for that, when the banks have to turn in their accounting, it looks really nice with a asset of huge value in the books, when the books have been published they can sell of XRP again. If my theory is correct we will see #XRP tumble again, and we will see a run up again in May 2018.
xrp.PNG

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!