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Let’s dive into some major bullish news on xrp, so just in Ripple, let’s boost crypto adoption in the UAE with a major partnership Let’s dive into Ripple, which is the F behind xrp, announced a major collaboration with the Innovation Hub d fic in the United Arab Emirates, noting an important milestone in the Middle East region.
So this leading blockchain company that we know, as Ripple announces strategic partnership fueling the interest of the market, the partnership has mainly focused on improving innovation, in terms of blockchain and digital assets in the UAE.
The DIC Innovation Hub Rec, is recognized as the largest innovation community in the region, hosts more than one technology companies, venture capitalists, and regulatory agencies.
This new alliance will integrate the expertise of blockchain companies with the dynamic ecosystem of the DC hub, thus Ripple CEO Brad Garlinghouse stressed the importance of the UAE regulatory landscape to foster innovation.
He says that the UAE is one of the most advanced jurisdictions in the world, when it comes to offering regulatory clarity to licensing companies, to offer virtual asset services, favoring an environment.
When we talk about xrp, a lot of people are sleeping on xrp okay for some reason guys, and I really believe that if you get away from the hype, and look at the projects that are actually being built without hype, and that’s after it happens just before, xrp just got slammed with $125 million, saying that they violated some SEC securities.
I really believe that this is an orchestrated attempt, to bring the market down, the guys are bringing the market down because they know that if they can distract you, to worry about things, which don’t matter, and who follow these shiny objects, these projects that don’t get built when times are hard.
Those projects that don’t really have real use cases, and you forget or neglect the real projects, that have real use cases, that are going to change the world.
It pretty much positions you, to stay exactly where you are, and I really think we have to think outside the box, you tell someone that I was anti-Ripple, when I first got into crypto uh I was anti-Ripple, I didn’t believe in partnering with banks, I didn’t know that I thought crypto, was supposed to be for you know banking.
The list of banks and pretty much replace the banks, and you know when I really started reading xrp, the xrp white paper, and their use cases and the purpose.
You know that Ripple, and you pretty much know that xrp as a token is going to be huge because everything is powered by xrp, when you look at the banks that are going to use this network, for you know pretty much move away from Swift, and use xrp to process and make wires at a fraction of the cost.
Everything is powered by the token, I really think you know that when we look at xrp, you know the company that has funded more than 160 teams working with xrp, and you know to say, it has reached 47 countries supporting various use cases, in defi to global assets W.
It’s just sky the limit, because here they are saying that Ripple’s broader strategy, aimed at expanding its influence, in the main global markets, taking advantage of local innovation, equos systems is pretty much saying that this collaboration with the UAE, will accelerate the adoption of crypto, and the use cases of blockchain technology, through the guys from the Middle East.
So sky the limit I really believe for xrp, but I just encourage everyone to stay away from smoke and mirrors, smoking mirrors, distractions, you know the shiny coins shine, even if there is it’s a game, it’s not one for you know it’s financial advice.
But this is not a, you know a tip to disavow meme coins, there is a time and a place for meme coins, but that’s after you have solid plans, that you know that you are going to be there, in the long term xrp Ripple you know that they have led the way, when it comes to fighting the SEC, has led the way while everyone is hiding and that you know, put their hands behind their backs, and just try to stay off the radar.
You don’t want to deal with this right XRP fought, and I really believe that the partners are already there, it’s just the timing is that it’s going to happen next article, Bitcoin needs a minimum of 40,000 for the best entry into the bull market, says 10x research crypto analyst, argues that the price of Bitcoin must return to these levels around the launch of Bitcoin spot ETF, for an optimal entry point.
You know what we think about Bitcoin, you know that we think that you have the whole year to accumulate, and they say that th advises against buying a holding strategy.
Noting that Bitcoin and ether, currently do not offer the same high risk ratio, seen recently on the US stock markets, neither Bitcoin or ethereum, he says that it presents a high and constant bullish ratio that investors in the US market, have appreciated with minimal effort.
So pretty much, saying that you know he believes in a pullback, he says given the current downtrend of Bitcoin.
Retail investors who often follow trends, may hesitate to commit massively to the purchase of dip ETF flows, they were surprised to find that despite $ 17 billion poured into the ETF, Bitcoin cash since they launched Bitcoin has fallen below 50,000 on August 5.
Getting closer to his January 11, launched a price of 46656, so take a look at the charts on which you see that there is a pullback coming, is that I mean it’s not coming, and with this pullback.
We see a peak at our resistance level, which happens to be placed at the 51.1 184 level, that’s what we’re seeing there, and you know it’s really just looking at the weekly closings at this point, it’s pretty much undeniable, that we’re pulling out, it’s just a matter of distance.
So the next stop, we did Wick below 51,51,000 okay, but we didn’t close below, so even going to the daily time frame, you can see that we are doing lower ups and downs, which is good.
So I just want to see what we’re going to do once we stabilize, are we going to keep going down, and to be honest with you, if you take a look at what he tells you the 40,000, it aligns with our trend line, and I said the other day it aligns with the trend line.
You know some fundamental approaches to market conditions, we see that 40,000 would be, which is perfect with RTA, so I love to see that and I think it just confirms that a lot of people, walk away, saying oh it never works, it’s hard to ruin everything when you’re on higher deadlines.
It’s really hard to mess around, if you are on the shortest deadlines, I understand, you can probably break the bank, because of the volatility of the crypto markets.
Conclusion :
You can probably get a rep, but the longer the deadlines, the more you know every week that you have a whole week to analyze this chart correctly, I know it’s boring, and I know it takes a while, and you know when you finally see a move could be a sudden big candle.
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