Topic: Ripple Falls Below $1.75, Down 55% From High - page 2. (Read 244 times)
There wasn't any good reason for Ripple to increase to $3.84, I think it'll down bit more.
Decreased as it is, that is just normal. Price market should sometimes decrease to at least balance the economy in the market. Because sometimes if it is always increasing, no time to charge back up. Just like bitcoin, it does not constantly increase but it increases like 100% then drops of 60% then go back to increasing at least 200% more. So lets not make hustle about the price drop and just wait for future plans from the devs.
The market has been terrible over the past couple of days, but I think 50% drops are just par for the course with crypto from time to time. It isn;t surprising really after such a stellar rise in the past month or so. Probably is a good entry point now for new positions.
1.75$ is the correct price for ripple. Coinmarketcap corrected the price by removing south korean exchange that posting ripple high price. https://cointelegraph.com/news/coinmarketcap-removes-south-korea-exchanges-ripple-market-cap-drops-20-billion
Ah yes, back to where the ripple price belongs.
55% very weighty loss . May be now the good point to buy ripple, who knows - who knows.
A thread here says its because of Korean government banning Crypto FUD. That is why almost all markets are down. Base on this, this may be the best time to buy.
Burn baby burn
yes, I see it, not just riple, but BTC and other altcoin are down, BTC down alt down.
Ripple's XRP token extended its losses today, falling to less than $1.75.The cryptocurrency decrease to as small as $1.72, according to CoinMarketCap This fresh low represented a 55% cry off from the all-time high of $3.84 reached last week, additional CoinMarketCap figures show.The digital asset suffered this back off after experiencing an astronomical increase where it climbed extra than 30,000% in 2017.XRP prices experienced further gains early this year, approaching $4 as the cryptocurrency benefited from significant hype.
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