Hi Traders, I know its been a while since my last post. The crypto market has been accumulating until now. This is an addition to my last XRP post, where I told all of you that it'd just sit still and accumulate.
The top 3 coins all broke out of their local downtrend earlier this morning. Now this doesn't mean we are going to take flight to the moon right away, this just indicates were going to move up.
The stage is being set for XRP let alone cryptocurrencies, let me be the first to tell you that the companies time these big pieces of news. They won't release extremely bullish news in the middle of a bear market, it doesn't make sense.
This past month, we've been getting so much FUD on XRP ever since that big candle down in the middle of August. People have even talked about forking XRP and making their own new coin.
Now we are just at the start of the bull market for these altcoins, we're going to see a lot of stuff happening around the cryptocurrency space.
Bakkt and Fidelity set to launch Sept. 23rd
Binance re-opening next week for US customers
XRP now has less than 50% of the coins in escrow, deeming it not a security
So much more...
In the next few weeks we're going to start seeing extremely bullish news day after day after day. I mean the CEO of XRP was on CNN the other day, they want to pump crypto.
XRP can't dip below $0.25 because below those prices these institutions get it for free. XRP is liable if the token drops below $0.25, notice how it has never closed below.
XRP will continue to consolidate for the rest of September, and October is when it will start to get crazy. Start of a new quarter and monthly candle.
The top 3 coins all broke out of their local downtrend earlier this morning. Now this doesn't mean we are going to take flight to the moon right away, this just indicates were going to move up.
The stage is being set for XRP let alone cryptocurrencies, let me be the first to tell you that the companies time these big pieces of news. They won't release extremely bullish news in the middle of a bear market, it doesn't make sense.
This past month, we've been getting so much FUD on XRP ever since that big candle down in the middle of August. People have even talked about forking XRP and making their own new coin.
Now we are just at the start of the bull market for these altcoins, we're going to see a lot of stuff happening around the cryptocurrency space.
Bakkt and Fidelity set to launch Sept. 23rd
Binance re-opening next week for US customers
XRP now has less than 50% of the coins in escrow, deeming it not a security
So much more...
In the next few weeks we're going to start seeing extremely bullish news day after day after day. I mean the CEO of XRP was on CNN the other day, they want to pump crypto.
XRP can't dip below $0.25 because below those prices these institutions get it for free. XRP is liable if the token drops below $0.25, notice how it has never closed below.
XRP will continue to consolidate for the rest of September, and October is when it will start to get crazy. Start of a new quarter and monthly candle.
