Market overview
* Looking Ripple you see that no one news or "bullish" mood or "this market is different" not working
* Ripple finally follow to Bitcoin like others "different" markets like XLM for example
Technical picture
* We have empty volume from .280 to .400 and market need to fill it
* Also we have broad support from .267 to .313 where market can show reversal
* Price action tells to us that final wave will be quickly and spiked
Fundamentals view
* While crowd read the headlines about how Ripple is introducing a new bank, many still ask the reasonable question of how the cost of XRP tokens is related to current banking projects.
* What is clear is that tokens are absolutely not used to provide liquidity in the xRapid blockchain and their cost is not yet supported by the use in real banking transactions.
* BTW this tokens very usefull to transit your funds between exchanges (almost zero withdrawal fee in few seconds)
* Honestly I use XRP tokens to transfer my money between exchanges - may be this is a real applying of XRP?
* Looking Ripple you see that no one news or "bullish" mood or "this market is different" not working
* Ripple finally follow to Bitcoin like others "different" markets like XLM for example
Technical picture
* We have empty volume from .280 to .400 and market need to fill it
* Also we have broad support from .267 to .313 where market can show reversal
* Price action tells to us that final wave will be quickly and spiked
Fundamentals view
* While crowd read the headlines about how Ripple is introducing a new bank, many still ask the reasonable question of how the cost of XRP tokens is related to current banking projects.
* What is clear is that tokens are absolutely not used to provide liquidity in the xRapid blockchain and their cost is not yet supported by the use in real banking transactions.
* BTW this tokens very usefull to transit your funds between exchanges (almost zero withdrawal fee in few seconds)
* Honestly I use XRP tokens to transfer my money between exchanges - may be this is a real applying of XRP?
