What Will Happen To Xrp In 2019
Xrp aud market tumbled to 992k down from 16 million high last month as per liquidity index bot.
What will happen to xrp in 2019. Grayscale investments has been taking in bitcoin at a frantic pace in the last week alone the fund gobbled up 19 879 bitcoin which is way over the 7 081 bitcoin mined during the period according to crypto researcher kevin rooke this shows that demand far exceeds supply at the moment. This shows that demand far exceeds supply at the moment which is a positive sign. Analyze the time bar. Today s xrp usd market analysis.
1 million transactions sending small amount of 0 001 xrp per transaction. Plustoken scammers send xrp and eos. Bitcoin price continues to lose momentum signaling the possible start of a deeper correction below 8 200. In the last week alone the fund gobbled up 19 879 bitcoin which is way over the 7 081 bitcoin mined during the period according to crypto researcher kevin rooke.
In my last post i wrote i m going to make a short at 0 198 first make a profit on half of the position at around 0 176 and then on 0 17 as the second profit target. Today s xrp usd market analysis. Grayscale investments has been taking in bitcoin btc at a frantic pace. Blockchain data provider glassnode says a bitcoin signal that preceded a monster btc rally that saw gains of over 9 200 between 2015 and 2017 is back.
Coin ph xrp php climbed to 11 5 million in april and is currently at just 1 million back to early january levels. Bitstamp xrp eur has fallen to 7 3 million last seen in march 2020 from the high of 35 7 million earlier this month. Obviously we can do a real test with xrp community on let s say 1 february 2019 12 00 00 utc and call it break the ledger in order to see what will really happen. The above image is an hourly chart of xrp usd.
While over the past year plustoken s bitcoin and ethereum transactions caused a stir in the crypto community with suspicions of having caused bitcoin to plummet from its 2019 high xrp and eos are currently the focus of attention. Analyze the time bar. Xrp is a currency agnostic intermediary for on demand liquidity.
Ripple onboards banks to blockchain providing real time cross border transactions. At present time mccaleb is estimated to have sold off at least a billion xrp between 2014 and 2019. He also retains almost five percent of the overall token supply 4 7 billion and sold over. The bitcoin puell multiple has dropped back into.
What is your long term perspective.
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