XLM setup looks a little familiar.XLM looks to be setting up almost identically to a previous pattern seen previous to the last bull-run. If this pattern repeats, expect the next move to be much bigger than the previous move overall.
ODL
XRP owners don't care what the FED says, or does!Since the FED was created in 1913 the US Dollar has lost it's gold and silver backing, is printed out of thin air and has lost over 98% of its value. No matter what these shysters attempt to do, it doesn't make any difference at all because XRP holders know that the Dollar is going to "ZERO... ZERO!"
.48 XRP March - DCA & Chill Current plan - DCA and chill into March, prep for the 2023 Q4 Bull Run 😏
🩰
Based on current events XRP has yet too reach settlement in their lawsuit... and being restricted in select US market furthers the need for regulatory clarity. Irony is that bridge currency's like Monero & Stellar Lumens aren't up against the same blockade. Personally I don't care how the SEC case resolves... (well obviously i absolutely do), I'm more interested in XRP leaving the US... and being wholely embraced in ASIAN PACIFIC (A-PAC) markets. XRP users welcome competition because XRP is significantly further ahead in terms of their tech than competitors can scale too. There's so much market too serve it's kind of pointless to bicker over petty beefs.
🇧🇷 🇷🇺 🇮🇳 🇨🇳 🇿🇦 (Brazil, Russia, India, China, South Africa) are leaning away from "US Dollarization"... shifting away from Swift
Lets be honest the easiest way for BRICS countries to snub the US is by adopting tech the US hinders. Its an easy play I see panning out. We talk about Shiba Inu being a doge killer, and likewise XRP via Ripple is a credible threat to the Swift protocol. Asymmetrical warfare also takes place in venues of commerce, and where ever a win can be scored, expect BRICS nations to unify around an easy opportunity to snub the US for being absent on crypto specific clarity. They will 1 by 1 incrementally adopt XRP as a solution to their "sanction proofing" of cross border payments.
Personally.... XRP should leave the US and they should cite Gary Gensler absence on the job specific to the FTX collapse and SBF's 40BN bankrun.... the SEC cuts backroom deals. If SBF wasn't a Gensler protegè from MIT proper checks would have prevented the FTX, Celsius, & Terra Luna, 3AC, Voyager fallout from affecting millions of Americans.
New ODL payout markets include Africa, Argentina, Belgium, Israel, Australia, Brazil, Singapore, the UAE, the UK... I am telling you the world does not revolve around US dollarized markets. The US does not border every border, and other nations have over 20,000 crypto's too choose from, but those nations chose XRP... that says something.
The best thing that could happen for XRP is if they left the US market... however XRP will outlast current and future administrations of government. The battle with Gensler is going to be a challenge. Only the Senate can technically remove Gensler, so it would be up to XRP fanatics to make the case for Gary G's termination. If XRP does choose to stay in the US it's because they see Gensler being fired... and based on the lack of regulatory clarity.... the absence of evolved law... it is very probable that the US senate ends up removing Gensler.
Odd os Gensler stepping down or being removed in 2023 = 70% odds
If Elon ran a poll.... it'd be hard to ignore that reality
So hence why i say Q4 of 2023 will be absolutely massive, first news likely to break at the end of Q1 which aligns w/ the mid-March 2023 potential moon. End of Q1 we'll get some good news I imagine.
Ripple records $408 million sold in Q2TL;DR Breakdown
Swell ODL volume expanded 9x YoY during the last quarter of 2022.
In Q2, the blockchain organization sold more than $408 million in XRP tokens.
Be that as it may, both the cost and volume of the XRP declined in the midst of specific market factors.
Blockchain installment organization Ripple delivered its Q2 monetary report on Friday, itemizing an amazing development in exchanges and On-Demand Liquidity (ODL) volume, regardless of the new accident of the cryptographic money market.
Wave's ODL expanded 9x
Swell said Q2 2022 was a record quarter for its On-Demand Liquidity further extended past installment and conventional settlement administrations, subsequently raising the volume by up to 9x year-over-year. ODL is a liquidity stage that use XRP to work with minimal expense cross-line installments on RippleNet. Swell expressed the majority of the volume in Q2 came from depository streams and mass installments.
The organization additionally referenced that it sold $408.9 million XRP tokens in the past quarter through its ODL administrations, contrasted with the $273 million XRPs it sold in Q1 of the year. The report peruses that how much XRP sold during Q2 likens to around 0.47% of XRP's worldwide volume. At last, the expansion in XRP deals credits to the development and reception of ODL.
"Swell has kept on taking part in deals exclusively connected with ODL and these volumes have sloped up significantly as Ripple's ODL business extended all around the world."
Swell likewise noticed an enormous expansion in exchange counts. Per the report, the exchanges on the XRP Ledger additionally expanded to around 114.6 million, which represented $58.3 billion or 126.5 billion XRP in volume.
XRP value, the volume endures a shot
Regardless of the ODL's development, the cost of XRP and everyday exchanged volume endured a shot in the midst of the negative condition of cryptographic money and the more extensive resources market. XRP volume dropped by 22% QoQ, from a typical everyday volume of $1.1 billion to $862 million, per the report.
During the hour of composing, XRP was up more than 4% to $0.371 during the 24hrs time period. The market capitalization was at $17.9 billion from a coursing supply of 48.34 billion XRP tokens.
LIKE COMMENT AND SHARE.
XRP monthly/fundamentals: Parabolic SAR and IchimokuThe 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. www.visualcapitalist.com
And listen to Patrick Griffin of Ripple speak at this IIF technology showcase in 2014. He chooses his words carefully:
www.youtube.com
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.
𓂀 XRP December @$0.46Ohh Poloniex, you're such a liquidity Scam.
It's not happened on Binance ;)
#ShadowsLeak
XRP: Repeating Inverse Head & Shoulders Patterns+Rising Channel(For Personal Notes & Due Diligence) -- XRP 4hr
-- First Noticed the current Inverse Head & Shoulders pattern last night & have been keeping close eye on it. Actually appeared to want to break out to the upside earlier this morning just as I suspected given the apparent Inverse H&S, but not enough volume & came back to this $0.178ish are for past several hours.
-- Since we clocked in the low at $0.10 in late February, we've been trending upward in a very distinct upward channel.
-- Resistance at the $0.18 which is a level that had previously acted as support for XRP back in December 2019. Going to need some big volume to push us above this level.
-- In approx. 24-48 hours, I suspect that the 50 Day MA will meet/intersect with the 200 Day MA. If the 50 MA can climb above the 200 MA that will be a great sign for anyone LONG XRP.
Now it's time for XRP & Ripple to swoop in to save the rest of the world from the impending global liquidity crisis haunting in the shadows of these incredibly volatile & unprecedented times that we face here in April 2020.
Did someone say "On Demand Liquidity"?!?!?!?
Cheers to the dawn of a bright, prosperous, safe, healthy, loving, abundant, thankful, peaceful, and happy future ahead of us -- one that is filled with more riches & wealth than we can possibly imagine. The Greatest Transformation of Wealth the World Has Ever Seen...
To the Moon!
Xrp Put your Shorts on Short term bias for XRP. Now that US and Chinese markets are stable, institutional money is leaving crypto until the next wave of political tension arises..... or maybe Recession?? Hmmm.....
