{"id":370587,"date":"2019-02-06T18:00:05","date_gmt":"2019-02-06T18:00:05","guid":{"rendered":"https:\/\/ktsl888.com\/?p=370587"},"modified":"2024-06-11T18:00:08","modified_gmt":"2024-06-11T18:00:08","slug":"ripple-price-analysis-xrp-price-action-points-at-bulls","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-price-action-points-at-bulls\/","title":{"rendered":"Ripple Price Analysis: XRP Price Action Points at Bulls"},"content":{"rendered":"
Unless there is a collapse below 30 cents, XRP bulls are in control. We expect that to be the case as long as there is increase supply thanks to Jed\u2019s easing off from XRP dumps.<\/em><\/p>\n There are two things you should know about Jed McCaleb. Aside from being the founder of the Stellar Foundation, he is also one of the co-founders of Ripple Labs. That\u2019s the official company behind XRP, the digital asset that Ripple Inc owns a majority.<\/p>\n Because of the sheer amount of coins at his disposal and his interest away from XRP, there is a binding interest between Jed McCaleb and Ripple. Behind this agreement which Jed must comply with is the need to protect XRP against price dumps.<\/p>\n Ripple and Jed have been pretty much on the same page until recently when it was observed that Jed was selling coins through his family members exceeding daily thresholds. As a result of this breach, new terms formulated. With new terms, XRP liquidation is via a Charity DAF of his choice.<\/p>\n It is through this fund that he was allowed to sell 0.5 percent of the average daily amount of XRP in the first year. That amount would increase to 0.75 percent in the second and third years and finally one percent in the fourth year. It is a practical approach, but it appears that Jed McCaleb XRP wallets are dormant<\/a>:<\/p>\n The Jed account that was selling 1m+ $XRP<\/a> per day stopped selling on January 11. The other wallets are also inactive, for now.<\/p>\n These sales have been going on since April 15th, 2016. — Leonidas (@LeoHadjiloizou) February 4, 2019<\/a><\/p><\/blockquote>\nRipple Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
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Will this last and is there something behind it?#XRPcommunity<\/a> @Ripple<\/a> https:\/\/t.co\/AnZUQoYYnC<\/a> pic.twitter.com\/5FT2b6uIGr<\/a><\/p>\n