Ripple CTO Debunks XRP Conspiracy Theories, Community Responds
- NDAs Count vs. Actual Implications: Ripple has signed approximately 1,700 non-disclosure agreements, which, while substantial, do not equate to 1,700 sales leads; these agreements merely indicate prior interest without guaranteeing future partnerships, thus urging the community to focus on real market opportunities and technology adoption rather than fanciful secret plans.
- CTO Clarification and Community Response: Ripple's CTO David Schwartz explicitly stated that while many NDAs exist, they do not signify imminent major events, serving as a warning to the community that investing based on conspiracy theories is misguided, emphasizing the importance of genuine partnerships.
- Community Division and Future Outlook: Following Schwartz's candid remarks, the community exhibited mixed reactions, with some praising his honesty while others felt betrayed, indicating that the expectation of secret plans has evaporated, and the future value of XRP will depend on actual technology applications and regulatory clarity rather than mythical narratives.
- Real Value of Technology and Partnerships: Ripple aims to partner with institutions and integrate its technology, which may indirectly boost XRP prices but is not the primary driver; the community should stop blaming Ripple for price fluctuations and instead focus on the actual application of its technology and market demand.
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Technical Analysis for XAI
Technical Sentiment Analysis for Xai (XAI). As of , Xai (XAI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XAI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XAI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Xai (XAI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0087 | 0.00945 | 0.0102 | 0.0109 | 0.0117 | 0.0124 | 0.0132 |
| Fibonacci | 0.00945 | 0.01 | 0.0104 | 0.0109 | 0.0115 | 0.0119 | 0.0124 |
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