I've been curious as to what players would be involved to have the Crypto world have a one trillion dollar market cap. Looking at the top 20 coins, it looks as though we sit around $600 Billion, so less than a doubling of the current market. I truly believe the "FOMO" hasn't even arrived in the market and once they catch on that we'll see the trillion dollar...
If you check out some of my other published ideas, they are mostly about the rise of XRP/Ripple from 0.75 to it's current high of around $3.20. There's some significant pattern recognition where upswings are following by short profit taking sell-offs and then an ever decreasing consolidation period. Stellar is just settling down from it's first major bump and is...
If current trading conditions continue, XRP will continue to rise to 3.50 on the next cycle with a small 0.30-0.50 pull back after each established peak. Consolidation periods continue to shorten between upward trend cycles. Eventually, XRP will find a saturation point on the upside the curve will switch from a steep exponential/logarithmic pattern to a flatter...
Current chart is showing similar patterns with that on December 22, 2017. XRP responded at that time with a short bump to near all time chart highs and then a long period of consolidation. Depending on how the crypto market responds to increase trading volumes that should come with the ring in of the New Year, and subsequent end of holiday periods, I think that...
Korean news mostly responsible for XRP trend upwards, with some profit taking showing the larger down ticks. XRP is headed to 1.50 in the short term, with 2-3 month projections at 2.00 - 3.00. Low trading volumes over the holiday season has kept the pumps lower and there will be a large buy wall once people are back to the routine of checking crypto portfolios.
With the very recent spikes up and subsequent cliffs downward, it would be interesting to understand what underlying technologies the exchanges themselves are using because they don't seem to handle the volumes related to Cryptocurrency trading. I've read posts and heard stories where funds were either locked into a trade and serious funds were lost due to the...
We all know that banks aren't going to buy into complete currency decentralization, so that is why XRP and other more centralized coins will gain momentum because they will essentially become the stop gap solution between what we have now and what consumers actually want. Bitcoin was the disruptor showing that money will flow away from current financial...
