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XRPUSD Perpetual Contract

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XRP Why A Serious Revaluation Is Imminent And CloseQUESTION: If XRP is only being used as a settlement currency for banks then why would there be these wild price predictions when the market cap is already $150 billion? The wild price predictions for XRP often stem from different interpretations of its utility, demand, and supply dynamics. Let's break it down: Market Cap Misconceptions XRP's market cap is often misunderstood. Market cap = price × circulating supply, but price movements depend more on liquidity and demand rather than market cap alone. Many price predictions assume increased utility will drive higher demand, but market cap alone doesn’t dictate price ceilings. Bank Adoption and Utility Argument If XRP is mainly used as a bridge currency for cross-border settlements, its price would be driven by transaction volume rather than speculation. However, banks and financial institutions don’t need to hold XRP for long periods—it's typically used in seconds. This limits the need for large amounts of XRP to be held, which could cap price growth. Speculative vs. Real Utility Many wild price predictions ($100+, $500+, etc.) are fueled by speculation rather than actual use cases. In reality, even if XRP were widely used for settlement, price appreciation would depend on sustained demand, not just temporary spikes. Liquidity and Scarcity Factors Some argue that as more institutions use XRP, liquidity will tighten, potentially driving price increases. However, the XRP supply is large (100 billion total, with over 50 billion circulating), and large holders (like Ripple itself) could introduce selling pressure. Regulatory and Adoption Uncertainty XRP's legal battles and regulatory clarity impact its adoption. A major victory (like its partial win against the SEC) can fuel hype-driven price predictions. True institutional adoption is still limited, and even if banks use it, they may prefer private ledgers over using the open market. Bottom Line XRP has real utility in cross-border payments, but its role as a settlement currency doesn’t necessarily justify extreme price predictions. The market cap is already large, and unless significant new demand arises, a massive price surge would require much broader institutional adoption beyond just bank settlements. QUESTION: So currently the valuation of XRP is already way higher than many banks and companies will the price eventually come down to a more realistic price to value in the future? XRP’s current valuation is indeed higher than many traditional banks and financial institutions, which raises the question of sustainability. Whether its price comes down to a more “realistic” value depends on a few key factors: 1. Utility vs. Speculation A significant portion of XRP’s price is driven by speculation, not just utility. Many holders are retail investors betting on future institutional adoption. If speculation cools down and usage remains limited to settlement purposes (where XRP is only held for seconds), the price could decline over time to reflect actual utility. 2. Market Cycles & Sentiment Crypto markets go through bull and bear cycles. In bear markets, assets that lack strong organic demand (beyond speculation) tend to lose value. If hype around XRP fades and institutions don’t adopt it at scale, its price may correct to better reflect real-world usage. 3. Inflation & Supply Dynamics XRP has a fixed max supply of 100 billion, but a large portion is still held by Ripple and periodically released. If Ripple continues selling XRP from its reserves, it could create sell pressure, gradually pushing prices down. However, XRP is also deflationary, as transaction fees burn small amounts over time—but this effect is minimal in the grand scheme. 4. Institutional Adoption If banks and financial institutions fully integrate XRP and hold it as a reserve asset, it could justify a high valuation. But most banks prefer private ledgers and stablecoins over holding volatile assets like XRP, limiting potential demand. 5. Competitive Landscape XRP was originally designed for fast, cheap payments, but other solutions like stablecoins (USDC, USDT) and CBDCs are gaining traction. If banks prefer these alternatives, XRP’s price could drop to align with lower demand. Realistic Price Outlook? If XRP remains primarily a settlement tool, a valuation correction could bring it closer to its real utility value (which may be much lower than today’s levels). However, if a new narrative or significant adoption shift occurs, speculative cycles could keep it elevated. Long-term, unless real demand matches its high valuation, the price may deflate to more sustainable levels. QUESTION: Is the value of XRP currently way higher than it should be compared to its usage Yes, based on its current real-world usage, XRP’s valuation appears to be significantly higher than what its actual adoption justifies. Why? Usage Doesn’t Match Market Cap XRP is mainly used for cross-border settlements, but banks don’t need to hold large amounts for long. Most transactions are instant, meaning there’s no long-term demand pressure. If XRP were widely used by banks, we’d expect daily transaction volume (not just speculative trading volume) to be massive—yet it's relatively low. Speculative Premium A large portion of XRP’s price is driven by speculation rather than real institutional demand. Many investors believe in a future where XRP will be used at scale, but that adoption hasn’t fully materialized. Its past bull run prices were based on hype, and prices could drop as reality sets in. Supply & Sell Pressure Ripple holds a significant portion of XRP and periodically sells into the market. This constant release of XRP into circulation creates downward pressure. Competition from Stablecoins & CBDCs Many banks and financial institutions are leaning toward stablecoins (USDC, USDT) and CBDCs rather than volatile assets like XRP. Stablecoins provide instant settlements without the volatility risk of XRP, making them more appealing for payments and cross-border transfers. Conclusion Unless XRP gains widespread institutional adoption beyond just being a settlement tool, its valuation is inflated relative to its current use case. If hype dies down and utility doesn’t significantly increase, a correction would make sense in the long run. QUESTION: The current price is 2.75 is that overvalued? Yes, if XRP is currently trading at $2.75, then it is extremely overvalued relative to its actual real-world usage. That price is almost entirely speculation-driven rather than being backed by fundamental demand from banks and institutions. Why is XRP Overvalued? Speculation Dominates The price is likely inflated due to retail and institutional traders betting on future adoption, not actual usage today. Many holders believe XRP will be widely used by banks in the future, but that hasn’t fully materialized. Utility-Driven Valuation is Much Lower As calculated earlier, based on actual transaction volume and settlement needs, a more realistic price for XRP without speculation could be anywhere from $0.05 to $0.50. At $2.75, XRP’s market cap is massively inflated compared to its real-world demand. Ripple’s XRP Holdings & Selling Pressure Ripple still holds a significant amount of XRP and regularly sells into the market. If real demand doesn’t increase, but more XRP enters circulation, it could create downward price pressure over time. Banks Prefer Stablecoins & CBDCs Financial institutions are increasingly looking at stablecoins (USDC, USDT) and central bank digital currencies (CBDCs) for payments instead of XRP. Unlike XRP, stablecoins don’t have volatility issues, making them more attractive for settlements. What Could Happen Next? If speculation dies down and investors realize XRP’s real use case is limited, a significant price correction could happen. XRP could still maintain some premium due to speculation, but long-term, it needs actual adoption to justify a multi-dollar price. Conclusion At $2.75, XRP is massively overvalued based on its current utility. If speculation fades, a more reasonable price could be well under $1—or even below $0.50—unless it gains widespread, real-world adoption beyond what it has today. None of this is financial advice, just satire!
BITSTAMP:XRPUSDShort
by Bitgolder
43
XRP Even Chat GPT Knows XRP Is About To Get Revalued .10 CentsMAKE SURE YOU READ TO THE END THE END IS THE BEST! If XRP is only being used as a settlement currency for bank then why would there be these wild price predictions when the market cap is already $150 billion? ChatGPT said: Great question! The wild price predictions for XRP often stem from different interpretations of its utility, demand, and supply dynamics. Let's break it down: Market Cap Misconceptions XRP's market cap is often misunderstood. Market cap = price × circulating supply, but price movements depend more on liquidity and demand rather than market cap alone. Many price predictions assume increased utility will drive higher demand, but market cap alone doesn’t dictate price ceilings. Bank Adoption and Utility Argument If XRP is mainly used as a bridge currency for cross-border settlements, its price would be driven by transaction volume rather than speculation. However, banks and financial institutions don’t need to hold XRP for long periods—it's typically used in seconds. This limits the need for large amounts of XRP to be held, which could cap price growth. Speculative vs. Real Utility Many wild price predictions ($100+, $500+, etc.) are fueled by speculation rather than actual use cases. In reality, even if XRP were widely used for settlement, price appreciation would depend on sustained demand, not just temporary spikes. Liquidity and Scarcity Factors Some argue that as more institutions use XRP, liquidity will tighten, potentially driving price increases. However, the XRP supply is large (100 billion total, with over 50 billion circulating), and large holders (like Ripple itself) could introduce selling pressure. Regulatory and Adoption Uncertainty XRP's legal battles and regulatory clarity impact its adoption. A major victory (like its partial win against the SEC) can fuel hype-driven price predictions. True institutional adoption is still limited, and even if banks use it, they may prefer private ledgers over using the open market. Bottom Line XRP has real utility in cross-border payments, but its role as a settlement currency doesn’t necessarily justify extreme price predictions. The market cap is already large, and unless significant new demand arises, a massive price surge would require much broader institutional adoption beyond just bank settlements. You said: So currently the valuation of XRP is already way higher than many banks and companies will the price eventually come down to a more realistic price to value in the future? ChatGPT said: That’s a solid perspective. XRP’s current valuation is indeed higher than many traditional banks and financial institutions, which raises the question of sustainability. Whether its price comes down to a more “realistic” value depends on a few key factors: 1. Utility vs. Speculation A significant portion of XRP’s price is driven by speculation, not just utility. Many holders are retail investors betting on future institutional adoption. If speculation cools down and usage remains limited to settlement purposes (where XRP is only held for seconds), the price could decline over time to reflect actual utility. 2. Market Cycles & Sentiment Crypto markets go through bull and bear cycles. In bear markets, assets that lack strong organic demand (beyond speculation) tend to lose value. If hype around XRP fades and institutions don’t adopt it at scale, its price may correct to better reflect real-world usage. 3. Inflation & Supply Dynamics XRP has a fixed max supply of 100 billion, but a large portion is still held by Ripple and periodically released. If Ripple continues selling XRP from its reserves, it could create sell pressure, gradually pushing prices down. However, XRP is also deflationary, as transaction fees burn small amounts over time—but this effect is minimal in the grand scheme. 4. Institutional Adoption If banks and financial institutions fully integrate XRP and hold it as a reserve asset, it could justify a high valuation. But most banks prefer private ledgers and stablecoins over holding volatile assets like XRP, limiting potential demand. 5. Competitive Landscape XRP was originally designed for fast, cheap payments, but other solutions like stablecoins (USDC, USDT) and CBDCs are gaining traction. If banks prefer these alternatives, XRP’s price could drop to align with lower demand. Realistic Price Outlook? If XRP remains primarily a settlement tool, a valuation correction could bring it closer to its real utility value (which may be much lower than today’s levels). However, if a new narrative or significant adoption shift occurs, speculative cycles could keep it elevated. Long-term, unless real demand matches its high valuation, the price may deflate to more sustainable levels. You said: So in your opinion the value of XRP currently is way higher than it should be compared to its usage ChatGPT said: Yes, based on its current real-world usage, XRP’s valuation appears to be significantly higher than what its actual adoption justifies. Why? Usage Doesn’t Match Market Cap XRP is mainly used for cross-border settlements, but banks don’t need to hold large amounts for long. Most transactions are instant, meaning there’s no long-term demand pressure. If XRP were widely used by banks, we’d expect daily transaction volume (not just speculative trading volume) to be massive—yet it's relatively low. Speculative Premium A large portion of XRP’s price is driven by speculation rather than real institutional demand. Many investors believe in a future where XRP will be used at scale, but that adoption hasn’t fully materialized. Its past bull run prices were based on hype, and prices could drop as reality sets in. Supply & Sell Pressure Ripple holds a significant portion of XRP and periodically sells into the market. This constant release of XRP into circulation creates downward pressure. Competition from Stablecoins & CBDCs Many banks and financial institutions are leaning toward stablecoins (USDC, USDT) and CBDCs rather than volatile assets like XRP. Stablecoins provide instant settlements without the volatility risk of XRP, making them more appealing for payments and cross-border transfers. Conclusion Unless XRP gains widespread institutional adoption beyond just being a settlement tool, its valuation is inflated relative to its current use case. If hype dies down and utility doesn’t significantly increase, a correction would make sense in the long run. You said: What is a reasonable valuation for XRP removing all the speculation and only considering the current usage of it? ChatGPT said: A reasonable valuation for XRP, based purely on current real-world usage and removing speculation, would likely be significantly lower than its current market cap. Here's how we can approach estimating a fair value based on utility alone: 1. On-Demand Liquidity (ODL) & Settlement Usage XRP's primary use case is cross-border payments through RippleNet and On-Demand Liquidity (ODL). While Ripple claims growing adoption, the actual daily transactional volume from banks and institutions using XRP is small compared to its total market cap. A large portion of XRP trading volume still comes from speculation on exchanges, not institutional settlement use. Estimating Utility-Based Price Let’s assume banks & financial institutions only need a fraction of XRP's supply at any given time for real transactions. For context, SWIFT (the dominant global payment network) settles $5 trillion per day, but that doesn’t mean XRP will replace it or capture all of that volume. Even if XRP were used for 1% of SWIFT’s volume, that would be around $50 billion in daily transactions. Given that XRP is designed for rapid settlement (held for seconds, not days), the actual liquidity needed in the system would be far smaller—likely a few billion dollars at most. 2. Supply & Circulating Coins Current circulating supply: ~55 billion XRP If XRP’s real usage demand is only a few billion dollars at any given time, then its price per coin would be much lower than today’s level. A conservative model: If XRP needed a total market cap of $5 billion to serve its actual transactional volume, the price per XRP would be: $5,000,000,00055,000,000,000=$0.09 55,000,000,000$5,000,000,000​=$0.09 If XRP needed a $10 billion market cap, the price per XRP would be $0.18. These numbers assume zero speculation and only reflect practical usage. 3. Competitive Alternatives Banks may prefer stablecoins (USDC, USDT) or CBDCs for settlements instead of XRP. If that happens, XRP’s utility-based value could drop even further. Final Thought Pure utility price range (removing speculation): $0.05 - $0.50 per XRP (depending on actual adoption). Current price (~$0.60 - $0.70 as of early 2024) is mostly speculation rather than true demand from banks. If XRP’s adoption expands beyond just settlements (e.g., DeFi, smart contracts), its valuation could be higher, but based on current use, a fair price is likely far lower than today's market cap suggests. You said: The current price is 2.75 though so that means that its extremely overvalued? ChatGPT said: Yes, if XRP is currently trading at $2.75, then it is extremely overvalued relative to its actual real-world usage. That price is almost entirely speculation-driven rather than being backed by fundamental demand from banks and institutions. Why is XRP Overvalued? Speculation Dominates The price is likely inflated due to retail and institutional traders betting on future adoption, not actual usage today. Many holders believe XRP will be widely used by banks in the future, but that hasn’t fully materialized. Utility-Driven Valuation is Much Lower As calculated earlier, based on actual transaction volume and settlement needs, a more realistic price for XRP without speculation could be anywhere from $0.05 to $0.50. At $2.75, XRP’s market cap is massively inflated compared to its real-world demand. Ripple’s XRP Holdings & Selling Pressure Ripple still holds a significant amount of XRP and regularly sells into the market. If real demand doesn’t increase, but more XRP enters circulation, it could create downward price pressure over time. Banks Prefer Stablecoins & CBDCs Financial institutions are increasingly looking at stablecoins (USDC, USDT) and central bank digital currencies (CBDCs) for payments instead of XRP. Unlike XRP, stablecoins don’t have volatility issues, making them more attractive for settlements. What Could Happen Next? If speculation dies down and investors realize XRP’s real use case is limited, a significant price correction could happen. XRP could still maintain some premium due to speculation, but long-term, it needs actual adoption to justify a multi-dollar price. Conclusion At $2.75, XRP is massively overvalued based on its current utility. If speculation fades, a more reasonable price could be well under $1—or even below $0.50—unless it gains widespread, real-world adoption beyond what it has today. Good luck, this is going to destroy so many people, its so sad. None of this is financial advice its just my opinion.
BITSTAMP:XRPUSDShort
by Bitgolder
7
XRP/USD – Key Levels & Bullish Breakout Potential?We are currently seeing a retracement in XRP/USD, approaching a critical Fair Value Gap (FVG) at $2.50, which could act as a key demand zone before a potential bullish move. This area aligns with a significant liquidity pool and offers a strong potential entry for long positions. 🔹 $2.50 Fair Value Gap – Key Level for Support This area represents an imbalance that price might fill before resuming an uptrend. A strong reaction from this level would signal buyer interest, making it an ideal zone to look for confirmations of bullish momentum. 🔹 Breakout & Retest of Resistance – Bullish Confirmation A successful break above the descending resistance trendline, followed by a retest and confirmation of support, would provide strong bullish confluence. This move could trigger an upside rally toward the next major Fair Value Gap at $3.00, which aligns with previous liquidity zones and historical resistance levels. 🎯 Target: $3.00 Key Level If XRP reclaims this area and maintains bullish structure, we could see an extended move toward higher highs, with further price discovery beyond $3.00. 📌 Trading Plan: ✅ Watch for a reaction at $2.50 – ideal entry zone for longs ✅ Breakout and retest of the resistance line = strong bullish signal ✅ Target $3.00 FVG as the next major level __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment—I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈✨
KRAKEN:XRPUSDLong
by TehThomas
12
XRP (BTC) - Slump incomingXRP with Bitcoin overlaid. Its been a very pleasant ride up since buying @BTC 0.786 retracement as described on my linked Bitcoin thread; up 12%. Notice how XRP pumped with Bitcoin since that 0.786 low on 18th February. I informed you guys on TradingView before my dip buy on my linked Bitcoin video . But Bitcoin is becoming choppy and its due one more rippling GW slump back to the retracement GW (0.618 - 0.786). Higher volatility coins tend to move first and here XRP is making its move before Bitcoin. And so XRP is a leading indicator that assists us to know that Bitcoin may be heading for a slump. Now its time to take some profit in this area. The most likely pull back from here will be a retracement Golden Window - See Bitcoin video to know my TA terms. That is from the 0.618 - 0.786; $2.57 - $2.52. In these areas I have both high and low time frame portfolio. In the HTF i'm just HODL'ing as investment, but in LTF I'll be looking to buy the dip @ $2.57 👍. Not advice.
BINANCE:XRPUSDShort
by dRends35
4
XRP Scalping + Forecast (2-19)🔥 Market Overview (XRP/USD): Trend: Strong bullish momentum following a parabolic breakout, currently consolidating after a pullback. Key Levels: Resistance: $3.00 Support: $2.54 Indicators: EMA 9 ($2.64) acting as immediate support. EMA 200 ($2.62) holding as a critical trend-defining level. MACD: Bullish crossover on lower timeframes, suggesting momentum continuation. 🔥 Scalping Strategy: 🩸 1. Momentum Scalping (Riding the Trend) Buy near: $2.68, targeting $2.80 Sell near: $2.80, targeting $2.68 Stop-loss below: $2.65 🩸 2. Breakout Scalping (For a Confirmed Move) Long above: $2.82 → Target: $3.00 Short below: $2.54 → Target: $2.40 🩸 3. EMA 9 Scalping (Dynamic Support & Resistance Trading) Trade bounces from the EMA 9 level for quick profits. 🔥 Mid-Term Trend Forecast (1-3 Weeks): XRP remains in an uptrend but could see another correction before a full continuation toward $3.00+. If price sustains above $2.80, bullish breakout towards $3.20 is in play. 🔥 News & Market Context: XRP ecosystem developments and regulatory clarity are fueling demand. Large whale activity suggests strong institutional interest. Broader crypto market sentiment remains risk-on, benefiting XRP’s momentum. 🔥 Decision: 🩸 Short-term: Momentum scalping remains the optimal play. 🩸 Mid-term: Await a retest of support before adding to longs. 🩸 Ideal Play: Accumulate dips near $2.54 for a higher risk/reward move. 👑 Final Verdict: XRP is bullish but volatile. Scalping inside the range offers safe plays, while breakout traders should watch for key resistance flips. 🔥 FinCaesar’s Words of Power: "The tides of fortune favor the prepared. Adapt, strike, and seize the momentum."
CRYPTO:XRPUSD
by FinCaesar
XRP 5th wave analysis Hello Traders, Been trying to wrap my head around this current bounce we are having since the liquidation spike. We have two options 1) We are currently creating an Contracting Leading Diagonal to start off the 5th Wave (currently shown above) 2) We are in a 4th wave and heading down to finish the major wave 4. We have not started wave 5 yet. im currently cautiously taking very small profits in this range in case we are going for another leg down. I do like this current count and slightly think we have an higher probabilistic bullish count. If we break the origin of wave 2 in the contracting LD (around $2.27) then that breaks the bullish count and most likely heading lower to finish the major 4th. Thank you GOD BLESS and Trade on!
BITSTAMP:XRPUSDLong
by schu3269
XRP The Greatest Deception & Delusion In Crypto History!I cannot believe how many have fallen for this deception. I cant believe how many are about to get scammed and rug pulled by Ripple. The amount of hype this thing has had over the years is simply amazing, just to keep it afloat so Ripple can sell their holdings to unwary, and naive investors. The number of influencers getting paydays because of clicks and subs by pumping this thing with their wild and wacky delusional predictions should be criminal. The amount of people being led to slaughter is going to absolutely be awful. This crypto is going to destroy so many investors wallets, hopes, and dreams. I cant believe this crap. Lets break this piece of turd down so a layman and children can understand because those are the only ones who would invest in something so worthless. I know, I know but banks, banks, banks, banks! Yeah yeah yeah Garlic Bread shook Trumps hand I know I know. Lets get real here kids! No banks are going to hold anything that is as volatile as this crap. The new stable coin RLUSD has officially made XRP useless. Why would any bank use something that can change in price within minutes over a stable USD pegged asset. They simply will not. Also lets clarify some things here: SANTANDER Santander does not use XRP to power its One Pay FX service, which is a blockchain-based international money transfer service. Instead, Santander uses Ripple's xCurrent, a blockchain software that enables real-time tracking and settlement of payments STANDARD CHARTERED BANK You can't currently send money through Standard Chartered Bank using XRP tokens, but you can send and receive XRP using other services. Standard Chartered Bank works with a number of cryptocurrencies, including Bitcoin, Ether, XRP, and stablecoins. Standard Chartered offers a variety of services for digital assets, including custody, trading, and banking. NOT JUST XRP BANK OF AMERICA You can't currently send money through Bank of America using XRP, but you can send money using Bank of America's wire transfer service. Bank of America (BoA) has been exploring Ripple's blockchain technology and XRP, and may use XRP for payments in the future. MARKET CAP OF XRP TOKEN VERSUS OTHERS XRP MARKET CAP $144 BILLION MONEYGRAM $1 BILLION WESTERN UNION $3.66 BILLION SANTANDER BANK $93 BILLION STANDARD CHARTERED BANK $27 BILLION PAYPAL $77 BILLION JP MORGAN CHASE BIGGEST BANK IN WORLD! $785 BILLION AMERICAN EXPRESS $218 BILLION BANK OF AMERICA $353 BILLION CITI GROUP $160 BILLION So you're trying to tell me that XRP market cap of $144 billion isn't already overvalued like crazy! Its worth more than Moneygram, Santander, Western Union, Standered Chartered Bank, Paypal, and Citigroup. For what reason would it be actually worth that much right now when everything is mostly just hype and speculation and being duped. Even if every bank did use it they arent holding onto it. They are simply buying it and then selling it instantly and converting it to whatever fiat the exchange called for. Simpletons believing that XRP can actually be worth $100 or $500 each is so crazy and stupid its hard to believe no one can do math. This thing will be lucky to double top and let you get out. Its going to crash in an epic fashion because its value to worth is so far off its insane. Some more facts! All XRP was pre-issued at launch, unlike cryptocurrencies that use mining The XRP creators gifted the company 80% of all XRP, keeping 20 billion units for themselves 80% OF XRP WENT TO THE COMPANY FOR CRYING OUT LOUD! WILL BANKS USE XRP WITH IT BEING SO VOLATILE? Banks might use XRP despite its volatility because it functions as a bridge currency, allowing them to quickly and efficiently settle cross-border transactions at a lower cost by converting currencies into XRP instead of relying on traditional fiat currency exchange processes, which can be significantly slower and more expensive; essentially, the price fluctuations of XRP become less relevant when used solely as a TEMPORARY intermediary in transactions. KEY WORD TEMPORARY. BUY, SEND, SELL! NO ONE IS INVESTING IT IT ITS MERELY A SETTLEMENT CURRENCY. The Ripple network, where XRP operates, is designed to provide readily available liquidity for cross-border transactions, meaning banks don't need to hold large reserves of various currencies! Wake up people, and now that the stable coin is running on the Ripple RLUSD, there is NO USE FOR XRP THE TOKEN. XRP was simply a token to dump on clueless investors to keep the company Ripple going. If you think that all these institutions want to invest in XRP and theres this huge demand for institutional buyers of XRP lets take a look at Grayscale the closest thing available to big investors on the stock market. SOME GRAYSCALE HOLDINGS XRP $14 MILLION ZCASH $13 MILLION HORIZEN $14 MILLION XLM $41 MILLION CHAINLINK $22 MILLION BITCOIN CASH $134 MILLION ETHEREUM CLASSIC $240 MILLION LITECOIN $260 MILLION XRP is on the same level as Horizen and ZCASH, one of their lowest holdings. This is a clear sign that no big money wants anything to do with XRP the token because if they did they would be investing through the trust. XRP the token was a scam from the get go to get the insiders rich and to pay for the development of Ripple the company. If and when Ripple the company goes public do you really think your precious XRP token will be worth anything. NO IT WONT. THEY WILL HAVE THEIR OWN DAMN TICKER THAT HAS NOTHING TO DO WITH XRP. Oh and the ETF, No f'ing way that thing will ever get approved while the SEC is still going after it. Get real! Even so even if THE SLIGHTEST CHANCE it did it'll have as much demand as the XRP Grayscale trust, NONE IT'LL BE A DAMN DUD. No big money will touch this with a 1000 foot pole. Not with the company holding still almost 60% of the supply. Its a honeypot for the creators. None of this is meant to be financial advice just my opinion. Dont lose your shirts.
BITSTAMP:XRPUSDShort
by Bitgolder
248
XRPUSD POSSIBLE SELL?Based on Daily TF, the market is in a downtrend. The market is currently testing a Daily structural area abd the 4HR TF is showing a possible reversal pattern. Let's see if this trade idea will play out. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
BINANCE:XRPUSDShort
by WiLLProsperForex
4