$VELO is sitting on previous descending resistance from the 2023 high and is holding it as support in this decline. Resistance : $0.035. 2026 targets : 0.618/$0.10 & 0.786/$0.38 🎯
If you’re feeling tempted to sell your XRP or XLM just because they haven’t hit the double-digit prices yet, take a step back.
For God's sake understand where we are in the crypto cycle and the broader adoption phase.
I don't know how else to say this, but patience is what separates winners from those who get shaken out.
while everyone was talking about the crypto summit, something even more important just happened.
the US regulator (OCC) permitted banks to engage in several crypto activities, including:
1. crypto-asset custody
banks can now hold crypto on behalf of their clients. important, since this will allow anyone with a bank account to hold crypto (currently, ~75% of the US population don't hold crypto). get ready for a tsunami of new liquidity!
2. certain stablecoin activities
combined with the stablecoin bill, expect stablecoin volumes to skyrocket beyond the trillions already being transacted. fiat, watch out. $RLUSD and $USDT are coming for you!
3. distributed ledger networks
banks are finally able to use blockchain technology to process instant and secure transactions to anyone in the world. expect adoption of blockchain leaders like @Ripple@Stellar@Aptos@Polkadot to soar.
perhaps most importantly, banks can engage in these activities without any prior approval.
mass adoption is coming. don't get caught on the sidelines.
I had a dream this week I saw XRP is priced @ $500 saw it as I look into my phone I just don't know when it will happen, let's see if this will come to pass #XRPdream