XRP and Numbers that will effect price

So recently there has a lot of good news about XRP but price has not moved any. I think the reason is because people have speculated XRP’s price as high as they are willing to speculate without the actual utilization of XRP. If you look at xrpcharts, the ledger payment volume has remained about the same since xRapid’s launch. This means that xRapid is not really seeing any additional use right now, despite all the partnerships. In the case of actual x-rapid use, we would see the total XRP trade volume increase as well as ledger payment volume increase and it would be a sustained increase, not $1 billion one day and back to $100 million the next day. When you click on the ledger payment volume, you would also see more exchanges, rather than 95% blue XRP, which I think means wallet to wallet transactions and not via an exchange. Until I see consistent volumes over $300 million per day on the payment ledger, I cannot say that there is significant X-rapid use.

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