My last chart didn't hit. Here is the new updated version for you. However... I am long. In my opinion Ripple is still undervalued compared to Bitcoin and Ethereum. The conference (Swell by Ripple) is running. We have only seen a short influence on the price. That's interesting for the future. In the case of other cryptos, conferences have a much greater impact on the price. Okay, now we know that.
New target: > 0.00006
Let's see what happens. Happy trading. :-)
See also:
Chart Sep 29
Chart Sep 16
Chart Aug 20
Chart Jul 23
Chart Jul 11
Kommentar
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XRPBTC (1d) update: current situation. up possible.
Massive dump in retaliation for Bernanke being the keynote speaker, they did the same last time when announced. They were bragging on twitter about it.
cycler
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Maybe because it was a bit boring, they should have taken notes from the antshares conference.
andrew_uk
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Have just read an interview of Ripple dev dd May 2017. Seems they have quite smart year-to-year strategy to change financial markets. People wait for quick changes and breaking news to buy XRP and become rich tomorrow. But seems Ripple isn’t going to try to change everything in one day, because telling people that the Earth ‘does move!’ can be very dangerous (in soft words) if someone big is not ready to hear or accept it. So, going long term. It’s not trading, it’s investment. IMO
BTCINVESTING
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@andrew_uk, I totally agree. thx for your comment.
annv1990jp
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Ripple is a good cryptos with good technical and good service. I hope it will go higher in fews next year.
I've been following yesterday meeting on swell, those they said about regulator sandbox wasn't a good news thou, but something promising. It was a good trade still, thanks for the previous chart. And let's look forward, they might be something bigger with the "special guest")
BTCINVESTING
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@aheoro, thx for your comment. interesting. maybe yes. lets see what the special guest will offer.
aheoro
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@btcinvest.de, One good person pointed me on my mistake. Special guest is a sommelier. So nothing special for crypto, but just a party)