💎XRP is climbing to its High-Volatility trading range

19 de fev. de 2020

Hello everybody!🧑🏻‍🚀 Thumb UP👍 if you like this chart. Soon, XRP will get into its usual trading zone, all the goals are indicated on the chart. In the meantime, we will provide 3 fundamental factors in favor of XRP growth:

1. The national Bank of Egypt has entered into a partnership with Ripple. He plans to use the technology of a blockchain startup to increase the speed of cross-border transfers and reduce their cost.
2. On February 5, Ripple announced a partnership with International Money Express, an international payment system that focuses primarily on Latin America.
3. According to a recent report by Ripple, the company sold only $13 million worth of XRP tokens in the last quarter of 2019, which is 80% less than the previous similar period. This involuntarily suggests that sales have been reduced so much, since the rate is expected to rise to values at which it will be much more profitable to do so. In favor of the likely native XRP also says the news that the head of Ripple hinted at the possibility of an IPO of the company this year. And fans of the project are already anticipating an unprecedented increase in the rate if this really happens.