XRP will be listed on NASDAQ, and it is expected to increase more than 10%
【Published by Jin | Analyst | CoinNess】
XRP will be listed on NASDAQ in 2019. Just as the IPO is being “flatter”, it’s expected to be the future of XRP.
When new currency listed exchanges, it price will soared on the first day because investor love new things and the old ones will be forgotten new and old. The old XRP is about to become a new currency listed on the Nasdaq, it’s worth looking forward to.
“Nasdaq has invested development tools in decades to capture and prevent market manipulation because market regulation can eliminate encryption market manipulation.”
— -Cointelegraph, Nov 1, reported.
Indeed, Nasdaq’s technological advancement is unquestionable, and technically it guarantees that prices will not be manipulated maliciously.
What’s more, Nasdaq will soon be the first to listed XRP, will not use it as a tool for harvesting leeks in the cryptocurrency trading platform launched in 2019, because this action is not suitable for Nasdaq self-interest.
Nasdaq insiders reported, “Nasdaq is more concerned about the scalability of digital currency, Ripple and its cryptocurrency XRP may become the second largest cryptocurrency in the near future, and its market value is a major advantage; in addition, Ripples’ team management and its level of operations in the banking industry also meet all Nasdaq requirements and standards.”
After the XRP rebounded significantly in September, the ROC indicator on the 5th indicated that the price of the currency rose by 112%. In fact, the biggest increase is 200%. Although this is a short-term surge, the increase situation is similar to the December 2017 wave. On the 5th, XRP announced that the increase in December 2017 was 101%, and the actual price increase reached 240%.
In a bear market, there are very few cases where the big-capital currency doubles, but XRP does.
From the news side, we can see that Ripple’s expansion in the financial industry is accelerating. Ripple’s transaction costs are as low as $0.0004, which is much lower than SWIFT’s $2.5, which is a significant advantage.
From the perspective of the rise of the on-line exchanges, the currency of the listed Coinbase is strong and has already hinted at market opportunities.
In August, US trading software Robinhood announced that Ethereum Classic (ETC) became its sixth cryptocurrency. ETC has risen for many days in a row, and the breakthrough of 20 US dollars is close to 50%.
Before Robinhood decided to let ETC goes online. Coinbase, the large cryptocurrency exchange in the United States, announced that its working progress of ETC had entered the final stage of preparation. Coinbase announced that it would launch ETC in early June, and ETC had risen more than 18% on the day.
The strength of ETC is highly correlated with the listed exchanges. In contrast, XRP coins will soon become the first listed currency of Nasdaq, and the expected increase will not to be underestimated.
When the pulse volume and continuous heavy volume, the BTC rebound did not break the 100-day moving average. Judging from the adjustment of the trend, the volume is not broken, and the strength of the long and short is balanced, but the bottom of the 6000 US dollar is being consolidated.
The “Crypto Fear & Greed Index” provided by Alternative.me yesterday is 51. Moreover, the index has reached 50 or more for the first time in a long time, indicating that the level of fear is easing.
In the short-term judgment, it is unlikely that the BTC will continue to fall back. There is an expected XRP, if the dealer does not take the initiative to suppress, the price callback space is limited.
The hot spot of BCH’s hype lies in the hard fork. In order to improve the computing power, Bitmain has invested 90,000 mining machines to prepare for the battle. 73% of the votes support the BCH fork, and the bitcoin’s input on the hard fork, and the fork results are verified in advance. Some analysts believe that its price is easy to get $1,000. As a bit continent holding more than 1 million BCHs, you should be very happy to see BCH prices rise.
Having said that, due to the continuation of the digital currency adjustment, the unilateral rise has only occurred in recent trading days, but the increase is not large. As a favorable and expected currency, the future revenue space is very impressive.
■ Source: BiShiJie
■ Note: Please specify the source or references of the article for reproduced.
■ Solemn declaration: We reproduced articles and news for purpose of sharing information. Copyright belongs to the original author. If there is any infringement/error, please contact us as soon as possible, modify or delete action will be implemented immediately. Content analysis is for information purposes only and does not constitute any investment advice.
■ View Disclaimer: the views, thoughts, and opinions expressed in the text belong solely to the author, and not necessarily to the author’s employer, organization, committee or other group or individual.
■ Please visit our site: KTrade for more information and the latest news update.
■ Follow Us 👉 Instagram| Facebook | Telegram | Twitter | Youtube | Linkedin
■ Customer Service：contact@ktrade.email
■ Business Contact：jingluntech@gmail.com
