💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
XRP is facing a very strong resistance at $0.75 area and it could correct towards $0.65 area before rallying sharply to $0.9 and $1.05 area in August. However, if it loses $0.65 area, it will fall. strong to the area of 0.55$ or even 0.5$
📈RED PLAN 🔴Buy : 0.635-0.665$ if A. SL if B
🔴Buy : 0.735-0.765$ if A. SL if B
📉BLUE PLAN 🔴Sell : 0.735-0.765$. SL if A
🔴Sell : 0.88-0.92$. SL if A
🔴Sell : 1.02-1.08$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.635-0.665$ if B. SL if A
🔵Buy : 0.54-0.56$ if A. SL if B
🔵Buy : 0.49-0.51$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
The XRP Ledger (XRPL) is an open-sourced distributed ledger powered by a network of peer-to-peer servers.
XRP is the digital asset native to XRPL. It is designed to function as a bridge currency, with the goal to "power innovative technology across the payments space" and enable "seamless, real-time, final, and cost-effective" global payments.
The XRPL also supports IOUs (obligation-like assets), which can represent a large variety assets (e.g. fiat currencies, gold, airline miles, credit card points, and other cryptocurrencies).
The XRPL offers a decentralized exchange, allowing for trading of IOUs and XRP. XRPL also offers some smart contract functionality and supports the network-agnostic Interledger Protocol.
The supply of XRP is capped at a total of 100 billion XRP, while the available supply of XRP is designed to decrease over time, as the accrued amounts of transaction fees are “destroyed”.
XRPL was initially released in 2012 and is maintained by community participants, prominently amongst them the company Ripple, which holds a large amount of XRP that are largely locked up and purpose-bound.