XRP Rally for 2017, CoinMarketCap Data Cut dem and ETF Catalyst
Di price of XRP climb from $0.15 reach over $3 for late 2017. CoinMarketCap comot high-volume Asian exchanges from im pricing index, wey cause sharp drop and long time sideways trading. People still talk say dem dey try suppress XRP price on purpose since RippleNet bank partnership never verify well. Glassnode on-chain analytics show say people dey gather and dey take profit steady wey fit mean say market dey manipulate. Traders dey hope say regulators go clear road and spot XRP ETF go come as catalyst. Market experts talk say if ETF approve formally, e fit unlock cryptocurrency wey don dey stuck, e fit start quick rally. Until then, XRP still dey hold range even as network adoption dey grow.
Bullish
Di tori dem talk say on-chain dem dey collect, dem get allegation say price dem dey suppress for long, plus say regulatory clarity and spot XRP ETF approval dey come soon. For short term, if dem get any betta news for ETF filing or clear guideline, e fit make trading volume and price waka up. For long term, if dem formally approve ETF and dem get tight regulation, e fit make institutional money enter, carry XRP comot for im stuck place, and e go push am steady go up. Dis combination na wetin dey make people see say XRP go better.