Ripple analysis

2018年5月3日

So far, You've seen my previous forecasts for few most popular coins. Today I'm publishing forecast for Ripple because it's one of the most controversial coins in the top 10 most capitalized crypto currencies today. Ripple was established in 2012 by Chris Larsen and Jed McCaleb as a revolutionary project based on blockchain technology. The main purpose of Ripple was to connect all kind of financial institutions from all around the globe through the specific network named Ripple Net with XRP as a core of the system, including validators as a key of the main protocol. All transcrypts of transactions are written on their own decentralized ledger. Ripple has a huge potential for growth, but there are two aspects which are holding him from steady growth, they are shown on the charts. First one is solid channel, and the second one is triangle in formation. After that, there will be a space to discuss possible future movements.