XRP, another pump and dumpIn this case, over the next few days XRP shall rise tremendously as shown before by more experienced traders, then, it will regress to the mean as it always does, considering that BTC stays around 6700$, XRP may rise up to 0.000223 BTC (1.34 $ equivalent) then fall back into a slow steady decline.
Obelisk
XRP: OBELISK FALLENThe Ripple(XRP) obelisk was risen on Apr 2. As banks attempt to reposition themselves competitively in the new crypto space. But a structure that size needs foundation or it will topple , and topple it did. Now to get it back up again in the direction it's going - well there's 2 options, and the foundations or fundamentals are in place for either to occur.
1. The forces making the tripod to pull the structure back up are going to lift it on its head right here, so we may see a sudden surge upward right now, but we can expect another quick drop since obviously Obelisks aren't designed to stand upside down.
2. The longer and more realistic path is to use rotational force, and bring the base around closer to where the tripod stands now. This is much more boring but probably the option of choice for long term holders.
Either way, it seems reasonable the force behind needed to move or lift the obelisk are in place - you can pass the variables into the formula if you want. I'd be interested to hear what inputs you have for the vars. The question here is whether the lessons are learned from the last erection have been will determine whether we see sustained growth or another topple.