CandleFocus XRP News: Ripple’s 1,700 Bank Deals Could Send Prices Soaring – Here’s Why!
2024-09-24
Author: Content Editor
The article discusses the current state of XRP and its potential for a breakout. It emphasizes the importance of distinguishing between market capitalization and utility in evaluating XRP's value. The article also highlights the need for deep liquidity in order for XRP to be used for settlements by financial institutions, and the potential impact of Ripple's undisclosed agreements on XRP's demand and liquidity needs. It concludes by stating that retail investors have little influence on XRP's price, and that chart analysis is ineffective in predicting its price movements.
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