RIPPLE PRICE CHART
dMAmapping⇗⇗⇗⇗⇗⇗ Screen
As we all know the last 3 months has seen a meteoric rise across the Crypto Currency Market as $Billions of fresh cash flows into the Market at an unprecedented rate.
As with the majority of the other Crypto Currencies it appears that RIPPLE is also taking a breather..!!
Ranked Number 3 and with a Market Capital of approx. $10.4billion, currently there is a HOLD recommendation on the technicals.
We will monitor this technical indicator over the next few weeks.
Thanks for reading.
Stephen
XRP is in my bags for a long term hold! Very strong fundamentals, leadership and vision!
I personally only hold Steem. I feel like that is what I can get the most out of in the long term. I don't feel like trading like I used to so I only keep it simple now. :)
Shared on twitter. Stephen
Good post . If major banks accept to implement ripple, then the price will go far up. Doing good, thanks.
If the price is going up then i will have some profit due to my little investment, but i am wondering about to invest a large amount in ripple right away or not @stephenkendal
It depends on your diversification strategy..can invest and hold
I'm really not a fan of Ripple. It's what many would call a "banker coin".
Thanks for the post!
Do you hold much ripple?
I really need to get more money invested into Crypto's while the price is lower. When do you think?
will be following your ripples analysis
go XRP to the moon !!! - i don't have shit for BTC - but I got a FUCK TON of RIPPLE
This is good news for us, I have invest there. Thank you for the update. I will look up there
Got out of this as investment. Owners do have a loooot of coins thereselves..
Good point and what will XRP do with IBM breaking into blockchain space especially in development of financial enterprise systems.
ripple has lot of cashflow coming in from Korean and other asian markets!
Chart looks great, what software are you using? They turn green now, I wish I could get some red with Steem again, so I can get some more, looking possibly for a 1.40 price and I would grab that. What do you think? can I see that price
Soooo il ask it... Is it full on buy time now then ? xD
I'm just not convinced of Ripple's explosive growth yet. Due to the fact that its market cap is so high already, holding may be the best option, though it could take some time before it really pushes upwards significantly. It's basically been consolidating for nearly 2 months between $0.21 and $0.30 so a move up makes sense. However, as confidence in its upward direction appears to already be baked into the price I'd rather invest in something else until Ripple's promise can start to show,
In my own case, what I see about XRP is been patient and we will all smile to the bank when the prize starts rising up bit by bit
I recently bought some Ripple coins and I'm planning on buying some more. I hope it will go up :D
As much as i know the owners of xrp (the banks) are holding 2/3 of all coins. And it's absoulutely centralized. Please tell me if i'm wrong.
most of which have been placed on escrow
Ripple, the company, holds about 60% of all XRP that will ever exist. Whether that makes it centralized is a matter of what you mean by centralized. Typically, what you care about are things like censorship resistance (who decides which transactions go in?) and governance (who decides how the system's rules change?) not who holds the token.
Ripple's concentrated interest in the price of the XRP makes it possible to do things that other coins can't do. For example, Ripple could spend $250 million on something that has no hope of producing significant direct revenue, but if it results in a long term increase in the price of XRP by one penny, that would result in significant profit for Ripple. Nobody could justify anything analogous for BTC or ETH.
@stephenkendal Thanks for post
For interesting read for ripple https://steemit.com/cryptocurrency/@pps/ripple-things-you-need-to-know-about-ripple
Comprehensive review of Ripple and Stellar, the two Blockchain based payment companies
https://steemit.com/cryptocurrency/@bsameep/forget-stellar-invest-in-ripple-comprehensive-review-of-two-blockchain-based-payment-companies