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Rocksorgate
XRP DISTRUPTS AND TAKES ON HEALTHCARE!
⚕️ Hey hey, hope everyone is doing well, before I start just want to give thanks as always, appreciate the support and let's keep at it. ⚕️ First thing right off the bat is a pretty exciting development I'd say! In a crazy development Wellgistics Health made the announcement to integrate and incorporate the use of XRP into their company and infrastructure utilizing the digital currency as a treasury reserve as well as a form of real-time payments. ⚕️ This is the first time we're seeing a publicly traded company, not to mention a healthcare company integrate XRP this much into their infrastructure and system in such a manner highlighting their faith and confidence in the asset, In the announcement they highlighted many benefits and incentives such as the speed, noting XRP's settlement time of just 3-5 seconds as compared to traditional methods such as ACH and wire transfers which can take days. ⚕️ I could continue listing but I'll share the bullet points they made: Speed: XRP settles transactions in 3-5 seconds vs. 1-3 days for ACH or wire transfers, allowing for near real-time settlement among pharmacies, suppliers, and manufacturers. Cost: Less than $0.0002 per transfer vs. $10-$30 for standard bank wires. Transparency: All transactions are logged on the XRP Ledger for real-time compliance, rebate tracking, and auditability. Scope: Supports global vendor payouts with significantly low foreign exchange and wire transfer fees. Flexibility: Allows for XRP-backed lines of credit to support independent pharmacy liquidity. ⚕️Welligstics Health then went on to add and highlight the use cases across the ecosystem as they put it: Real-time settlement between pharmacies, suppliers, and manufacturers Smart rebates calculated automatically based on real-world data XRP-backed credit lines to enhance liquidity for independent pharmacies Global vendor payouts with near-zero foreign transaction and wire costs Immutable compliance layer supporting DSCSA reporting and pricing validation “We’re working to unlock capital velocity with surgical precision,” said Mark DiSiena, CFO of Wellgistics Health. “We believe that our XRP-powered infrastructure will allow us to run leaner, faster, and with more control than any of our peers in pharma infrastructure.” ⚕️ I'll share the reference to the announcement for any that want to read more on it but just off these points alone we can see just how much the benefit and incentive is for the company to incorporate XRP into their infrastructure which would put them ahead of the competition, essentially making them the first movers. No doubt others will be looking to Wellgistics Health to see the impact this makes in the next few months for the company, especially for their balance sheets and should things play out well I don't see why other companies won't follow in suit. So definitely excited by this development. Now we're seeing real utility kick in and XRP's purpose and use case being put to the test on a real scale. ⚕️ For reference NASDAQ:WGRX is essentially a middleman and provider that supports a wide range of categories and services in the pharmaceutical sector, the main being pharmaceutical distribution, prescription technology, as well as clinical fulfillment in which Wellgistics connects over 150 direct manufacturer contracts to a network of over 6,000 independent pharmacies nationwide. So we've basically got this huge player in the industry picking XRP as an alternative and essentially reworking their infrastructure completely around this digital asset. There's no doubt they did their due diligence and I'm sure the results will be noticeable for the quarterly reports, especially when you consider how much the company will save on transaction fees for a company that primarily deals in transactions the difference is incalculable to say in the least against traditional methods. ⚕️ Here's a reference link to the announcement as well for anyone who would like to read further into things. www.globenewswire.com ⚕️ We've spoken many times on XRP and how it's real use case and utility has yet to really be put to the test so seeing this will really give us some good data and insight on the asset's real use case and what kind of role it'll play in the future, as I noted, I'm sure other companies will be looking as well to see how everything plays out and more than likely, we'll get positive results and start seeing other companies in other sectors begin to incorporate XRP into their own infrastructures. ⚕️ That's the wonderful thing, XRP doesn't just work for one sector or one company, it has so many use cases and utility it can be scaled in many ways for many industries and I think the next few years will have us seeing this come into play without a doubt and XRP's real utility and role taking place and shape. After all, we're still basically just starting off still funny as it may sound. ⚕️ For technical we'll keep things quick first using the charts below for reference: ⚕️ Used a Fibonacci Retracement picking our lowest and highest price points which honestly gave some pretty good insight, we can see just how accurate price action matches our Fib and those horizontal levels giving us a clear picture of things. ⚕️ For this chart I simply changed the Fib to blue and added in our ascending and descending channel's to simplify things, we had that ascending channel help Bull's keep pushing but once we lost that channel and hit the $2.5 resistance we can see just how quick traders we're to take profit and in turn we fall out that chanel and formed the current descending channel we're in. ⚕️ For the last chart we took away the Fib and this is the barebone of stuff. Can see how we moved up within this channel and then started retracing once we tested that horizontal resistance level at $2.48-5 putting us in our current position in which Bull's will have to keep price above that Fib. level of $2.32 which would help us avoid falling back into that descending channel and losing the 200 EMA. So basically if we stay within the channel we'll fall further and if we can break out of it and avoid losing that 200 EMA then we get another shot to retest $2.48. ⚕️ I have to run but If you've made it this far I appreciate it as always and hope the read was a productive update and informative, feel free to follow and keep tuned for more as always and don't just make it a good day, make it a great one. Best regards, ~ Rock '
8:34 PM · May 11, 2025
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