Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 18th of September 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 86.16% PROFIT!!!
The increase in price may also be explained by positive developments including:
The increase in price may also be explained by positive developments including:
July 30: A new Ripple (XRP)-based decentralized crypto marketplace, DCEX launches.
August 3: Coinbase Custody Considers Addition of 37 New Assets Including XRP.
August 8: Cryptocurrency exchange and wallet service Bittrex has announced plans to launch U.S. dollar (USD) trading pairs for two new cryptocurrencies (adding Ethereum 0.97% Classic and XRP Trading Pairs).
August 15: Ripple is considering breaking into the Chinese market to apply its distributed ledger technology ( DLT -1.39% ) to cross-border payments
August 17: Ripple's xRapid brings on 3 new exchange partners. The 3 exchange partners include: Bittrex, Bitso and coins.ph. The new partners will enable Ripple’s xRapid payments solution to move between XRP and U.S. dollars, Mexican pesos, and Philippine pesos respectively.
September 12: SBI was able to complete Ripple implementation within 3 months and is currently the largest money transfer provider in Japan with 10 billion JPY in cumulative monthly payment volume. SBI is building on the success of its service and the popularity of instant remittances by expanding its work with Ripple through the jointly launched Japanese Bank Consortium.
September 13: National Commercial Bank of Saudi Arabia Joins RippleNet. NCB was the first bank established in the country; today, it’s one of the largest financial institutions in the Middle East with more than 5.4 million customers worldwide. According to the World Bank, 308 million dollars were sent into the Kingdom of Saudi Arabia with 37 billion dollars in remittances were sent from the country in 2016.
September 19: RippleNet Now Reaches 40 Countries Improving Remittances and SME Payments. RippleNet is now active in over 40 countries across six continents (North America, Asia, Africa, Europe and South America). RippleNet’s newest corridors have a combined potential market that totals over $2 Billion in inflows over the last year including:
-InstaReM and RationalFX opened up new corridors from the United Kingdom to Malaysia, Vietnam, Indonesia, Sri Lanka and Bangladesh. -Remitr and FlutterWave established a RippleNet corridor to Nigeria from Canada, the first connection on RippleNet in Africa. -BeeTech and InstaReM created corridors from Brazil to Spain, Italy, Germany, France and Portugal.
September 19: PNC Bank, a top ten bank in the United States, has joined RippleNet. PNC customers will be able to receive real-time cross-border payments. With more than 8 million customers and retail branches in 19 states, PNC has a diverse set of customers, including consumers, small businesses and large corporates.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
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