BudBronson
Panjang

Ripple Re-Entry opportunity for long-term hold

BITFINEX:XRPUSD   Ripple / Dollar
5 wave correction done. Expecting a break to the upside and continuation soon. Keep in mind that Coinbase will most likely list XRP this January. Therefore I am expecting price to increase to at least $5 at the end of January
Komen: +75% in profit since this call. We might see another correction within the next hours or tomorrow, but I'll definitely hodl my current holdings for at least a year. Expecting XRP to be very soon the no.1 crypto in terms of market cap with a price of at least +$10-15 at the end of Q1
Komen: Here we have another great re-entry opportunity for the long-term. Very low risk and insane reward. Look for an impulsive break to the upside.

Komen: Broke & retested. Be patient. Am expecting price to explode soon. $5 till the end of January for sure! On January 11, the Japanese e-commerce giant DMM Group is launching a huge crypto exchange. Only a few pairs will be listed, with one of them being Ripple
What does everyone here base price and valuation on ??? Sound off
Balas
Nailed it! Nice chart!
+1 Balas
Coinbase only allows fully decentralized blockchains (you can check this in the website). As ripple is centralized, they need: 1) change them requirements 2) jump over them requirements
Balas
BudBronson datacorder
@datacorder, There is not an official statement of Ripple Labs, saying that Ripple is FULLY centralized. They are heavily working on getting it more decentralized. Regarding Coinbase - as a company they are able to change and jump over their requirements whenever they want.
+1 Balas
datacorder BudBronson
@BudBronson, thank you for that point. Anyway, Ripple Labs owns most of current XRP tokens supply: in my opinion that's a way of maintaining full control of the blockchain and an evidence of centralized model intention. But I agree with you that Coinbase will include it in their catalog if is good for them business, and of course as 2nd market cap blockchain it is not only interesting, but required. Let's keep an eye on this.
Balas
BudBronson datacorder
@datacorder, Agree. Thx too and best of luck for the new year
Balas
I found this triangle too. Should break out tomorrow or the day after hopefully
+1 Balas
5 wave correction done in one day?
Balas
gaiseric Superintendent
@Superintendent,

Anybody can post anything here. Most never took an introduction to calculus class !
Balas
@Superintendent 5 wave correction of a smaller degree - after the first upside leg.
Balas
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