Topic: [XRP] Ripple Speculation - page 38. (Read 637272 times)

I believe XRP has started moving to take over the 2nd position again.
Let's see how well it'll do, even through the unfair hate it receives.

Real xRapid usage ramping up?

https://eng.ambcrypto.com/xrp-transaction-in-batches-of-28000-xrp-pop-up-overnight-from-bitstamp-to-bitso/

"xRapid transactions have not slowed down in recent bear markets; according to independent XRP enthusiasts on Twitter,
the xRapid volume witnessed a massive spike, especially after the MoneyGram partnership. Although there is no definitive
data to confirm these transactions being executed via xRapid. The above data could be connected to xRapid transactions
since Bitso and Bitstamp are known to be xRapid corridors for Mexico and the U.S., respectively."

Reading that good news shows there is a lot of interest in XRP.

Hopefully it might have an impact on the XRP price.

Coinbase May Acquire Ripple-Backed Platform That Utilizes XRP: Report

Coinbase is reportedly interested in acquiring the Ripple-backed startup Omni.

https://dailyhodl.com/2019/10/05/coinbase-may-acquire-ripple-backed-platform-that-utilizes-xrp-report/

Blog Location:   https://coil.com/p/Hodor/Acceleration-/3dawvDvgk

The IoV is growing at an increasing speed!
 
To learn about the 𝐩𝐫𝐨𝐟𝐨𝐮𝐧𝐝 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 that were announced over the last busy week, refer to today's blog:

𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐰𝐬: The IMF publishes a paper titled 'From Stablecoins to Central Bank Digital Currencies.'

𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple and the Xpring team organize a series of important announcements preceding the first UBRI Connect Conference & Hack-a-thon; A new Xpring SDK (software development kit) is published; Brad Garlinghouse appears at two venues - a YouTube video with Anthony Pompliano, and the Economic Club of New York; David Schwartz publishes thirteen proposals for changes to XRP; Ripple acquires an Icelandic crypto trading firm; XRP Experts explain how XRP owners can (currently) use the XRP account reserve in an XRP wallet; and Jim Chauncey-Kelly talks about Ripple's corporate culture.  

𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Stefan Thomas kicks off the second day of the UBRI Connect Conference with a talk about web monetization; Ken Melendez incentivizes authors on Coil that choose to participate in Coil Blogging Club competitions; Cinnamon successfully integrates Coil & ILP with its video streaming platform; and I provide links to five new Coil articles from various authors.

𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Sincerely George organizes an effort to identify developers who should be considered eligible for the XRP Community Choice Awards; Crypto.com updates its service to allow XRP holders in the U.S. to directly debit their XRP in their Crypto.com wallet; VinDAX, a new ICO-funded exchange, adds support for XRP trading; Wietse Wind publishes two massive data stores in SQL Lite format, containing the closed XRP Ledgers and their associated transactions; Richard Holland announces a new version of the XRP Toast Wallet; @_JonnyLawrence shares a new GIF that intuitively explains On-Demand Liquidity (ODL); and PDAX, a Philippine crypto exchange, adds support for XRP.  

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


On Twitter:   https://twitter.com/Hodor/status/1180594715994902530?s=20  

I think it's meant just to create a pair. I don't know the hard facts but I assume the access pairs to xrp on binance are only like eth/xrp and btc/xrp. With this token it can most likely be paired with almost every coin in their dex. So you can for  example  "whatever coin on binance" -> xrp pegged token -> xrp. Just another route to access xrp it seems. Idk why its pegged to xrp value opposed to some other value tho.

Errm, let me quote the following,
"The new token is designed to give users on Binance’s decentralized crypto exchange, Binance DEX, a way to invest in a crypto asset that will perform exactly the way XRP does."
So I ask... why de hell would you create a digital asset which is backed 1:1 by another digital asset and not just use XRP directly? I mean, I don't complain if this will increase XRP's locked amount, but it juts doesn't make any sense!
I would understand it if it'd be 1:1 with a slow-moving and expensive coin like BTC, but I don't understand why would they do this with XRP.

Still happy nonetheless!

But atleast $0.2500 is not critical for XRP since it’s was green when bitcoin and ethereum are bleeding but I also see in Twitter the flood about Ripple price so i assume that there’s something good coming

Well just like what I’ve said there’s something good or better to say “Something Odd” lol 😂

The price is not great but no forecaster can give definitives about what to do to help XRP or any other crypto.

I would like to see what happens to the XRP price after MoneyGram start releasing statistics of their transactions using Ripple. That might be a positive turning point for XRP.

Now this is something odd

https://dailyhodl.com/2019/10/04/revealed-binance-launching-new-crypto-asset-pegged-to-xrp/

I believe it has already been bearish in the last few weeks, even though that was not only XRP's case.
The thing we need to be looking for is the point it'll turn bullish again.

A massive flood of news went trough Ripple's twitter


Seems like they are buying every crypto company there is and plugging it into XRPledger

Ripple Price (XRP) Could Turn Bearish Below $0.2400

Ripple price is under pressure below $0.2500 against the US Dollar, similar to bitcoin. XRP price must break $0.2500 and $0.2550 to start a strong upward move.

https://www.newsbtc.com/2019/10/04/ripple-price-xrp-could-turn-bearish-below-0-2400/

With the recent days effects of falling prices all across the board, this XRP price is very much acceptable to me.

I just have hopes for end of year price to be between $0.35-$0.40 - I would be happy with that as something to build upon from January 2020 onwards.

Thanks for sharing, as a somewhat experienced trader myself I've got to say that this is a good technical analysis.
We're close to the price XRP was before the huge bullrun of 2017Q4, I don't expect any bigger fall than that.

I happen to stumble some TA of XRP posted by  cointelegraph on Sept. 30,



the explanation:


source: https://cointelegraph.com/news/price-analysis-30-09-btc-eth-xrp-bch-ltc-eos-bnb-bsv-xlm-leo

From the given explanation it seems XRP uptrend will be continuous since it failed to break the below $0.24508  here is another analysis that supports the possible trend of xrp market(bullish pattern).

https://www.tradingview.com/chart/XRPUSD/DvCEU1Op-XRP-Will-the-rounded-Bottom-target-history-repeat-in-Q4/

The price of XRP is still super low, so we all should buy as much as possible.
Banks are already approaching to use xrapid, so it's only a matter of time until volume explodes.

Looking at low prices as buying opportunities does make sense for long term investors because it really might be the bottom.

All investment is risky, no doubt about that. Buying and selling at the right time along with investing amounts suitable to your own financial situation has to be one of the main keys.

Even though bitcoin price went down lately, xrp was still active in the marketplace. More traders got interested with it's huge capability on market value. Within the long span of time and daily trading works amazingly for ripple, and holders stay within control $0.32 will go further for much bigger value; that could hit potentially at $0.50 in sooner.

Or we can see every deep as a little buying opportunity. As long as we don't go "all-in" whenever we think "THIS is the bottom!" then we should be fine throughout this bear era.
You just need to do good capital management.