RIPPLE: 3 NEW PARTNERS + CHINESE MARKET ENTRY? - PROFIT = 33.95%

18 ส.ค. 2018

Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 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 33.95% PROFIT!

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 Classic and XRP Trading Pairs).

August 15: Ripple is considering breaking into the Chinese market to apply its distributed ledger technology (DLT) 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

It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.

***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***