Ripple ain't a cripple
Few news/updates :
1 - Monday, Coinone (biggest korean exchange) is listing xrp. And is removing buying fees on XRP.
2 - Sometime next week, Bitbank (chinese coinbase) is listing xrp as well.
3 - Ripple is probably gonna announce soon most likely at their 2017 consensus (May 22-24, 2017) that they will freeze the 61.6 Billions coins which are not in the market.
4 - Ripple network updates allow the protocol to process as many transactions as Visa in the same time span, but at much cheaper cost
5 - This one needs to taken with cautious but there is rumors about Coinbase adding XRP as well in a near future.
XRP value went up by a lot lately and lot of people seems to think there is a need for a price correction.
But imo, XRP is not even at the price it needs to be. Low price means more volatility and that's something they don't want.
This is not a trading advice, just a personal TA and opinion.
Please feel free to comment and let me know what you think.
Trade safe.
1 - Monday, Coinone (biggest korean exchange) is listing xrp. And is removing buying fees on XRP.
2 - Sometime next week, Bitbank (chinese coinbase) is listing xrp as well.
3 - Ripple is probably gonna announce soon most likely at their 2017 consensus (May 22-24, 2017) that they will freeze the 61.6 Billions coins which are not in the market.
4 - Ripple network updates allow the protocol to process as many transactions as Visa in the same time span, but at much cheaper cost
5 - This one needs to taken with cautious but there is rumors about Coinbase adding XRP as well in a near future.
XRP value went up by a lot lately and lot of people seems to think there is a need for a price correction.
But imo, XRP is not even at the price it needs to be. Low price means more volatility and that's something they don't want.
This is not a trading advice, just a personal TA and opinion.
Please feel free to comment and let me know what you think.
Trade safe.
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Possible Bull FlagNote
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Broke the triangle upward right at the end. Let's see where this baby goes now.Note
My take on this next triangle. (This is not a trading advice, just my opinion and TA)Note
That was a nice ride.Now it is time to retrace and consolidate a bit.
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Well it went well higher than i expected. It was a crazy ride. Missed some of it tho, but better make profit than cry later.
Looking to get back in somewhere between the bottom of the triangle and the 1.618 fib.
Be careful and don't rush on buying back in, we could see a bigger retrace.
Here is an update on my chart :
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Are we going at it again ?Note
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