explain

>>3418340
thats a chart

Its a bank coin... Banks need it to stay stable for easy transactions, so they manipulate it within their rights to keep it for its function as a coin - not a cash register.

It doesn't moon until the banks commit to it. The first pump earlier this year was just them testing the tech

>>3418340

It's called pump&dump scheme.

threadly reminder ripple is not a cryptocurrency

Ok i think i get it
went all in

>>3418417
i keked

>>3418340
Before the jump in the middle, it was underbought after it crashed the first time, and slowly but surely people wanted in on an undervalued coin, then people paniced becaue it was mooning, then after it moon people started FUDDing about the higher price and took profits, but there were still bagholders who "believed" in the coin, propping up the price from being "Oversold" again.