Yesterday, Ripple dropped a giant news article on their Twitter page. While the article was painted pretty, the substance of the write-up was less than exciting, if not disappointing to read. One thing to consider is that was the MoneyGram deal increasing the price of XRP? Nope! It wasn’t! So, was it actually a good thing to just cut ties with it? Maybe.
Ripple has not provided any follow up comments regarding their statement, but you can read their write-up here:
So, what does this mean for the Ripple XRP chart? For me, it means absolutely nothing. I stick to technical analysis, and nothing has changed here to make me waiver. I’m still as excited as ever.
Join me in this video as I discuss the information released by Ripple and my opinions (not financial advice) on what I see on the charts.
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