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mrbooly

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About mrbooly

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  1. -Power battle: Ripple vs banking establishment + regulation because Ripple is/will eat on SomeOneBig else launch. -Political: SWIFT could be used as a geopolitical weapon. The same with Ripple if it keeps the promise of decentralization?
  2. Ripple team and community are in the top of the crypto-eco space. They have first move advantage. However they are facing a strong competition and adoption problem that has a political component in it which explains the uncertainties around its progress. The banking powers don't have any interest in seeing Ripple succeed. But this system is not all powerfull. Where are the weaknesses? that's the 55B xrp question!
  3. Euro-fork point of view: https://www.tradingview.com/x/9yXx6EDq/
  4. How does the malicious website work ? all the links (signup, signin) redirect to gatehub.net
  5. It's now smashing through 0.382 fibonnaci channel (starting from february up trend) and should stay here. Expect a massive selling around @0.3268 if it pass to 0.5 fibo channel.
  6. Next major resistance around 0.2655 and strong support 0.20 (with many non horizontal supports from today big move).
  7. Not necessarily drives the price up (outside market buying with 1Billion max each month) but surely keep it from falling.
  8. The trend line from May has broken. The sellers have momentum but if they fail to transform their advantage 0.25 can be taken out with less resistance than before: https://www.tradingview.com/chart/XRPUSDT/kN8muSFW-Possible-paths-for-XRP-USD/
  9. Near term XRP has established a upward trend line going back to the end of May with indicators sugesting a bottom. Next, price should challenge downward moving averages around 0.25.
  10. The problem is bank and institution don't buy XRP on the open market, may be it's related to this article: https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/
  11. Is it possible some bank interests want a target buy price before joining Ripple?
  12. Some analysis, chart + fundamentals from a pro: https://www.tradingview.com/chart/XRPUSDT/w6Sj0jGc-XRPUSDT-Uptrend-still-active-in-the-long-term/ If nothing happens in July the position should be revised in my opinion.
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