XRP monthly/fundamentals: Parabolic SAR and Ichimoku
Updated
The markets that Ripple/O.D.L./XRP is intended for are collectively measured in the trillions of dollars per day.
Connect the dots: The DTCC, clearing houses, FX market/post-trade settlement (6+ trillion a day in volume), R3 Corda, VISA Earthport, SWIFT, correspondent banking, wholesale CBDC's, transition from LIBOR to SOFR (Sandie O'Connor recently added to Ripple's Board of Directors). That's all for starters. Then look into things like Interledger Protocol and Hyperledger and Polysign and flare network.
On XRP price itself, one possibility is there will be a smooth transition to higher prices over the next few years
In order to avoid shocking the system. Another is this infrastructure is being quietly set up to be more of an instant shock absorber for the day when debt markets implode and global liquidity freezes up. XRP is not the only DLT game in town either, but imagine an XRP price just based on 5% on all assets being transferred over the xrpl. Anything of value: derivatives, bonds, M2, any other crypto, real estate, debt... All instantly liquid and each transaction costing .00001 xrp. Retail investors were never specifically intended to be invited to this party.
For reference take a look at this visualization of all the world's money measured in blocks of $100 billion each. https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/
And listen to Patrick Griffin of Ripple speak at this IIF technology showcase in 2014. He chooses his words carefully:
youtube.com/watch?v=DvBns7XLLxo
Unlikely to be recommended in yer youtube feed by the almighty algorithm.
Keep in mind that with fiat money printing increasing exponentially, dollar-based valuations will have less weight. Think of it as taking more dollars to buy XRP -- based on the utility it provides -- rather than the price of XRP simply going higher.
I emphasize that this is not financial advice and just my take on things. Anything in this new arena of fintech/decentralization changes very quickly and the broader infrastructure is clearly being disseminated from very high up the food chain. I don't necessarily think this transformation is an ideal thing but it seems unstoppable at this point.
Connect the dots: The DTCC, clearing houses, FX market/post-trade settlement (6+ trillion a day in volume), R3 Corda, VISA Earthport, SWIFT, correspondent banking, wholesale CBDC's, transition from LIBOR to SOFR (Sandie O'Connor recently added to Ripple's Board of Directors). That's all for starters. Then look into things like Interledger Protocol and Hyperledger and Polysign and flare network.
On XRP price itself, one possibility is there will be a smooth transition to higher prices over the next few years
In order to avoid shocking the system. Another is this infrastructure is being quietly set up to be more of an instant shock absorber for the day when debt markets implode and global liquidity freezes up. XRP is not the only DLT game in town either, but imagine an XRP price just based on 5% on all assets being transferred over the xrpl. Anything of value: derivatives, bonds, M2, any other crypto, real estate, debt... All instantly liquid and each transaction costing .00001 xrp. Retail investors were never specifically intended to be invited to this party.
For reference take a look at this visualization of all the world's money measured in blocks of $100 billion each. https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/
And listen to Patrick Griffin of Ripple speak at this IIF technology showcase in 2014. He chooses his words carefully:
youtube.com/watch?v=DvBns7XLLxo
Unlikely to be recommended in yer youtube feed by the almighty algorithm.
Keep in mind that with fiat money printing increasing exponentially, dollar-based valuations will have less weight. Think of it as taking more dollars to buy XRP -- based on the utility it provides -- rather than the price of XRP simply going higher.
I emphasize that this is not financial advice and just my take on things. Anything in this new arena of fintech/decentralization changes very quickly and the broader infrastructure is clearly being disseminated from very high up the food chain. I don't necessarily think this transformation is an ideal thing but it seems unstoppable at this point.
Note
Title says monthly but I meant weekly.
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