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Westernunion

$MGI breakout on the Daily$MGI breaking out of a slight downward channel. Note: volume on the breakup candle isn't significant at the moment 9/17 12:00. MoneyGram is in the Remittance business. Crypto projects have made it their goals to minimize the fee charge for money transfers worldwide done on mobile phones nearly instantly. They had a partnership with crypto XRP but fell through on uncertainty with XRP regulation. Another crypto partnership or a Rumor of an all out buy out of MoneyGram by a crypto project is probable in the future.
MLong
by MrM3000
Intraday trading: Potential takeover of MoneyGramBloomberg News reported the potential takeover incurred by Western Union of MoneyGram. Price was not disclosed and now MGI faces high volatility a trader could profit from. Looking at the 4h chart, we might see that in 3 hours time MGI (at 17:30h GMT) might plummet until $3 to pullback at $3.80 after 17:30h GMT. Maybe, takeover price for MGI could be greater than current price due to greater average TTM market price. However, Moneygram holds around $800 million debt, so negotiations will be interesting. I suggest Long from $3 up to $4.40.
MLong
by alexinve
XRP reached the moon. Brace for impact though, sun is up next!Nobody in cryptoland is making more progress than Ripple. It's a winner, and I am keeping it locked away for major targets ahead. Fundamental Most of you following me came from the previous idea I had on XRP. It almost turned out perfectly, and achieved major gains. We have now crashed, and I am looking at the road ahead for XRP. A road which I am looking at with great enthusiasm. A road that can quickly lead to greatness :) So what's the latest? First, I'll do a quick summary of why I believe Ripple is a company to bet on in the first place. Market penetration, top level partnerships and unfortunatly; the most likely path to success. When it comes to cryptocurrency, you have two main camps. Decentralized & Centralized. Most want to change our very broken financial system, while a couple (Ripple being the king) wants to work with the powerful financial institutions to bring better technology into the business. Now.. I came into this cryptoworld mainly because of the politcal aspects surrounding Bitcoin. I would like to see the corrupt banks go, power back to the people. A rebranding of our economic model sort to speak. However, if you want to achieve success as an investor, you gotta look at things from a pure, logical and maybe somewhat cynical perspective. Ripple is a winner, I'll actually go as far as to call it an obvious winner. Our beloved market got a heavy start on 2018. Much of it was natural correction, but it was the regulation fear that got us bloody. Ripple loves regulation. They have the connections, they have the product that the elites of the world wants. Suddenly we get a reality where coins like Bitcoin is hard to obtain (or atleast use) , while XRP becomes a cakewalk. To summarize I would just point to this screenshot from a JP Morgan crypto presentation. "Ripple is already bringing change in the industry" The Latest: In recent times, Ripple has been making waves. Yesterday we learned that Saudi Arabia's Central Bank has signed an agreement to use Ripple's Xcurrent in helping banks in the KSA improve their payments infrastructure. (xCurrent does not rely on XRP, the currency) We also learned something I find much more substantial, namely Western Unions decision to trial Ripple's cross border payment platform xRapid. Good read from Yahoo , with the Western Union news and explanation of the difference between xRapid & xCurrent. On January 11, Moneygram was also announced to be using xRapid (That's the one using XRP). We are seeing more deals being made that directly helps XRP's value, which is fantastic. Lastly, I would also like to include this bit from SBI Hodlings. Which I believe is a major positive! SBI Virtual Currencies to Exclusively List XRP at Launch SBI Holdings is the leading financial service company in Japan. Their subsidiary, SBI Securities, is Japan’s largest online securities company with more than 4 million brokerage accounts. Technical We reached the moon at the 4.618 exentions from first week run. Back to reality, and now I believe the fundamentals are in place for a run to the sun! Looking at 4.618 from entire december run for a final target. I'll use my pitchfork to find support/resistance (tutorial in my profile) . I will also keep updating this with more short term TA.
BITSTAMP:XRPUSDLong
by Kryptokelly
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