[XRP] Ripple Speculation

[JollyGood]

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.

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.

[1714673071]

1714673071

[mich]

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/

[MemberBerries]

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

[RivAngE]

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/

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.

[Branko]

Now this is something odd

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

[JollyGood]

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/

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.

[Reatim]

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/

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

Now this is something odd

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

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

[RivAngE]

Now this is something odd

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

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!

[mj23]

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.

[Hodor7777]

 Acceleration!

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  

[mich]

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/

[JollyGood]

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/

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

Hopefully it might have an impact on the XRP price.

[Branko]

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."

[RivAngE]

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.

[aamirsuh]

I'm not too pessimistic for Ripple. Although the current central structure worries me a bit, I think it is an advantage for future high prices. The managers are constantly signing the deal. Advertising work is very successful.

[RivAngE]

I'm not too pessimistic for Ripple. Although the current central structure worries me a bit, I think it is an advantage for future high prices. The managers are constantly signing the deal. Advertising work is very successful.

Yes, and while many are waiting for institutional money to flow in their favorite coins, XRP is built on this premise and its team is constantly signing new collaborations.

[Saint-loup]

Now this is something odd

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

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!

It's just because the Dex of Binance is using the BEP2 blockchain, that is to say the Binance blockchain. They need to convert other cryptos in BEP2 tokens in order to manage them in their Dex.

[slaman29]

I'm not too pessimistic for Ripple. Although the current central structure worries me a bit, I think it is an advantage for future high prices. The managers are constantly signing the deal. Advertising work is very successful.

I'll admit I have a handful of XRP, nothing much not even enough to make me cry if it all goes to hell l but I got it at around 40 cents, so am of course not too upset. One of the few alts I own that hasn't managed to lose 50% or more of the value I bought it at actually haha.

But pay attention. All these deals you're talking about and advertising? That's Ripple the tech and Ripple the company. Not Ripple the token and blockchain. One can be more successful than the other.

[JollyGood]

There is a nice little rise on the price today. Now trading at $0.276485    https://coinmarketcap.com/

It is heading in the right direction, slowly but still.

[vsyc]

Sell before it hit 0.19