In this article we are going to see about Ripple XRP: This Will Open Your EYES To What Is Currently Happening With XRP And The FUTURE!...  



XRP is about to take over the world. This article is really going to open your eyes on what is currently happening with XRP and the future that this coin has. Nobody can deny that this coin is designed to rule them all. But the SEC is now turning out to be shady and they are trying their very best to hide so much about their dealings and why they chose to file a lawsuit against Ripple. We are going to go deep into all of that in this article. We start from this tweet that was shared by @HiCrypt that really goes into detail questioning the SEC’s choice to go after Ripple. The tweet says, ‘@SenWarren why is $ETH who admits raising funds to develop (definition of a security) not being sued by the @SECGov? But @Ripple who didn’t raise funds to develop the platform being sued? @tedcruz this is nonsense. ALSo…’ Ethereum admits directly that they did raise funds to develop which is, according to the SEC, a true definition of a security. The video in this tweet says that plainly and yes, that’s how the SEC defines the different between a security and a non-security. So, the question here is; why did they go for Ripple in the first place? Ripple didn’t conduct any fund raising to develop their platform. 


As a matter of fact, Ripple has been working directly with the regulatory bodies from the get-go. So, why is this company under attack yet everything about it is in plain black and white? So many things about this lawsuit are just off and it’s time the public sees it for what exactly it is. Another part of the lawsuit that raises eyebrows is when the regulatory body requested for the offshore documents on Ripple. They are so quick to cover their tracks but are tough when it comes to a crypto company like Ripple. Generally, I feel like the SEC is currently overstepping their reach to try and sue Ripple. It’s as clear as day that this company is and has always been on the right track when it comes to following the law. To be more specific, Ripple is actually on the government’s side, the problem is that the SEC seems to have an ulterior motive that they’ve not disclosed to the public. If you a have been following my channel, I’m sure I’ve hinted this a couple of times and still @WKahenman shared an important piece of information that’s also worth noting. In his tweet, he says ‘The irony of the SEC wanting all the off-shore records of Ripple sales? This 2017 Rolling Stone article notes how opaque Clayton's disclosures were because of the off shore dealings that may be connected to the Panama Papers.’ He shares the article that highlights what happened in 2017. Even though the article is a bit old, it will help us join the dots. So I’ll read a few sections to give you a deeper understanding of what is currently happening right in front of our faces. 


‘Jay Clayton, Donald Trump’s choice to head the SEC, is slated to appear before the Senate Banking Committee Thursday. In that hearing, he may be asked about some pointed questions about his personal holdings. Clayton is already an unusual choice, given that he’s slated to be a primary regulator of Wall Street while a chunk of his family income will continue to come from Goldman Sachs, where his wife Gretchen works. Although he will have to recuse himself from enforcement cases involving Goldman, he will not have to sit out of a broad range of other regulatory decisions that affect the company. This is already notable. But Public Citizen, along with the Revolving Door Project, have stumbled onto some other oddities about Clayton’s personal holdings.’ Jay Clayton was asked a set of necessary questions but he didn’t answer all of them. He was also requested to give information of his finances through the Form 278 financial disclosure. However when it came to his offshore accounts, no information was added and it was a bit bizarre. On that note, the article reads, ‘CSC Global claims 2,500 employees as well as 180,000 corporate customers, while also representing 10,000 law firms. The company appears to do more or less the same things that Clayton says WMB does, dealing with creating legal business entities, management of licenses, upkeep of filings, dealing with service of process, etc. Interestingly, and to Blum’s point, Clayton’s disclosure does not list any interest in CSC. So although he gives some information about what appears to be a holding company with little to no public profile, the company that boasts of its connections to 180,000 corporations is not mentioned in the disclosure form. 


Neither CSC nor Clayton have responded to requests for comment. The real issue with companies like these is the vast array of tools they can offer big companies and high-net-worth individuals to complicate their financial profiles. The worst-case scenario is a string of shell companies that end in an opaque offshore haven. “That’s when the trail becomes impossible to follow,” says Blum. Investigators who try to follow money into offshore banking havens have almost no hope of getting answers there, he says. “You need a formal mutual legal request that may or may not be honored in the lifetime of the investigator,” says Blum. Interestingly, when Public Citizen ran the names of WMB and CSC through the Panama Papers database, they found nothing. But when they ran the address common to both companies – 2711 Centerville Rd., Wilmington – through the database, they found it connected with numerous firms whose agent was the infamous Mossack Fonseca, many of them offshore companies. In its letter to the Senate Banking Committee, Public Citizen asked the Senate to ask Clayton what this means. 


Did either WMB or CSC do business with Mossack Fonseca? Have either of those companies provided services to Mossack Fonseca clients?’ That’s impossible to follow through Clayton’s offshore account. So, why do they want to follow up on Ripple while they’ve managed to inspect their own staff? Straight up! The SEC is overstretching their reach to find something to pin against Ripple. Not to mention, Ripple’s defense team said that the recovery of these documents will be costly for Ripple but the regulatory body doesn’t seem to care about the damage they have or continue to do to Ripple. This company is under a lot of pressure especially due to this lawsuit but hey, that hasn’t stopped them from continuing with their mission. Ripple has solidified its partnerships with major Asian banks and will soon be a part of the Asian financial market. That means this coin’s price will sky rocket soon and that’s going to turn most people into millionaires. @WKahneman shared a tweet that says, ‘#Ripple patron SBI Holdings is opening Japan's first crypto fund, including #XRP, as well as BTC, ETH,LTC, BCH.’ We all knew that XRP was meant for retail and now we can see it. The tweet lead to an article which reads, ‘Japanese financial conglomerate SBI Holdings Inc. is aiming to launch the country’s first cryptocurrency fund by the end of November that can give individual investors a way to diversify their broader portfolio. 



The fund could grow to several hundred million dollars invested in coins including Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin and possibly others, said Tomoya Asakura, who oversees asset management for Japan’s biggest online brokerage. Investors may need to put in a minimum of roughly 1 million yen ($9,100) to 3 million yen and it will mainly be aimed at people who understand risks associated with cryptocurrencies, such as the big price swings, he said.’ Within a short time, this crypto has shown us that it’s meant for retail and no one believe it in the beginning. Now we can see it happening in front of our eyes. XRP is meant to go to the top and it’s all about to happen. This crypto is securing the Asian market in preparation for what will happen next and that’s a complete integration to the financial and crypto market. XRP and Ripple are trying to bridge both worlds and that’s going to happen whether the SEC wants it or not. 


That’s because the SEC’s reach is only restricted to the US. Aside from Canada’s crypto exchange, XRP is traded throughout the world except the US. That means this coin will likely thrive even if they don’t win the case. Yes, that’s right! Thankfully, according to what is currently happening, Ripple still stands on the winning side. With that in mind, let’s check out the technical analysis. XRP looks nice and rested. The RSI is oversold in the 4h, bullish on the daily. Also, it has just broken a symmetrical triangle pattern, holding well above. It may retest one more time the 1.2, however, I believe the 50 ma will provide great support around 1.22. XRP target is 1.55 with a possibility of a stretch to 1.70. That is a good 37% gain. Obviously always look at BTC to make sure the market is healthy. This is just a short-term target, I believe XRP will hit $27 by December or January. Massive cup and handle formed to have a target of $2.5 which is a 95% impulse from current prices. RSI broke downward resistance and has held previous resistance as support on the 4h timeframe (yellow circle). Stoch RSI is bottomed out, allowing for XRP to break the $1.35 local high soon. The next resistance would be at $1.6, After that, I would expect the cup and handle target to be met. As always trade safely guys. 


I AM NOT A LICENSED FINACIAL ADVISOR