Jump to content
dontsellmeadog

Trends from partnership announcements?

Recommended Posts

Has anyone done any sort of deep analysis into xrp price trends from the announcement of a partnership with a bank or other major company to what the xrp price looked like 3 months, 6 months..etc down the road?  Any pattern that exists than from other partnership announcements?   For example, in March of '17 there were announcements of partnerships with banks like MUFG and price of XRP at the time was around .006 then by May it was up to around .36.  

Is that sort of jump expected on current announcements like the partnership with MoneyGram? 

Share this post


Link to post
Share on other sites

I try to follow development in the company's fundamentals as well as the charts closely every day. I can say that there is a loose correlation between these types of announcements and positive price movement. I mean if you want to look at something interesting, see the hourly chart and look at the correction pattern at 12/30 and compare that to the one we are in now, specifically starting on the 16th...

 

Eerily similar. Perhaps we'll see a breakout soon?

Share this post


Link to post
Share on other sites

×