XRP is shaping up for a potential breakout with a bullish wedge pattern emerging on the 4H chart. The convergence of technicals and fundamentals could pave the way for an exciting rally. Here’s what to watch: 🔍 Technical Breakdown •Resistance: $2.90 – the key level to break. •Support: $2.20 – holding steady as the base. •Target Post-Breakout: $3.00 – a critical psychological milestone and Fibonacci projection. 🌍 Fundamental Drivers •Cross-Border Payments Leader: XRP’s established role in globa
🚀 CAN XRP REPEAT BITCOIN’S MAGIC? LET’S BREAK IT DOWN! 💡
Back in 2011, Bitcoin was trading at just $2. By 2013, it hit a jaw-dropping $1,242—a mind-blowing 62,000% gain! Fast forward to today, 2024, and XRP is sitting at $2.28. Could XRP follow a similar meteoric rise? 🌟 THE CASE FOR XRP: A NEW KIND OF REVOLUTION 🌍 1️⃣ Unmatched Utility: XRP is designed for instant cross-border payments with near-zero fees. 2️⃣ Institutional Partnerships: Ripple works with top-tier banks and payment providers globally, integrating XRP into real-world systems. 3️⃣ Up
Have a look down there on what I found on the Bank of Russia website 🇷🇺👇 Last summer, during a trip to Russia, I wanted to investigate whether the Bank of Russia was exploring blockchain technologies in response to Western sanctions. What I discovered ? An official report highlighting the country’s deep dive into these innovations and mentionning Ripple's technology !! 💻 📜 The report outlines how Ripple has developed a mechanism where transferred amounts are converted into XRP tokens, sent