Will Ripple (XRP) price will it recover or will it dump more?

ibuddy122505

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Quote from: seramania on January 31, 2021, 11:39:31 AM

Quote from: cha.young on January 26, 2021, 12:13:33 AM

Last year, Ripple (XRP) price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.

What do you think will happen to XRP price for this year? will it recover or will it dump more?

xrp in january is showing a friendly attitude, xrp price is observed to reach $0.4 this is a good jump for xrp this month. if it is true it can be consistent for xrp i think it will be easy for xrp to be able to shoot higher to a price position of $1 or more

XRP took a little break, right now it has huge volume and to be honest xrp gonna make some history. I don’t know it will hit $1 or more but feeling bullish with xrp.

kram31

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Every coin has a chance to recover their losses in the market. So with the XRP I think yes there is a chance for them
to recover, as long as they are doing everything to resolve the issues they've facing right now, and I know they can really solve
just trust and believe only.

DU18

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Quote from: cha.young on January 26, 2021, 12:13:33 AM

Last year, Ripple (XRP) price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.

What do you think will happen to XRP price for this year? will it recover or will it dump more?

for now it looks like it will be very difficult to predict XRP price movements because we can see that in recent days the XRP price movement has surprised many people where the price even almost reached $ 1 in just 48 hours, is this a sign that XRP will win the lawsuit? Of course, at this time there will be a lot of speculation that occurs on XRP where when Ripple is facing a big problem, XRP actually has a different trend in the market.

aemma

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People are free to say whatever they want, at least holders will keep saying that Ripple is good and so on, while the team will be giving encouraging notes or words to their users, but for SEC to sue them means they didn't buy the gist, thus would be left for the court or whatever that is In charge of the case to decide if Ripple is subject to securities law or not. Also, since the future of Ripple is uncertain owing to this present case, then anyone who want to buy should do so with utmost discretion and carefulness, because Ripple is standing on an edge and if the case goes against them or do not go in their favour, then the price will be terrible, moreover some exchanges are delisting it already which further adds to the uncertainty of its future; that is to say, no one knows what will happen to it this year, until the final verdict.

Silberman

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Traders divided on two groups: those who are strongly sure that Ripple is going to die, and those, who believe it will soon recover and pump "to the moon". Well, both variants are possible, mostly because it's still no results of SEC's action against Ripple.

Quite honestly I am surprised by what I am seeing in ripple at the moment, yesterday the price of ripple pumped really hard and now it has a price of 0.45 dollars, this is really surprising but I cannot help to think that the price is being manipulated, after all when the price of ripple went down so dramatically some weeks ago it was because of the announcement of the SEC so it makes sense, but I wonder did something happened yesterday to justify that price increase? Because if did not happen this is just a manipulation of the price by the whales.

Tstar

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Quote from: ibuddy122505 on January 31, 2021, 11:56:59 AM

Quote from: seramania on January 31, 2021, 11:39:31 AM

Quote from: cha.young on January 26, 2021, 12:13:33 AM

Last year, Ripple (XRP) price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.

What do you think will happen to XRP price for this year? will it recover or will it dump more?

xrp in january is showing a friendly attitude, xrp price is observed to reach $0.4 this is a good jump for xrp this month. if it is true it can be consistent for xrp i think it will be easy for xrp to be able to shoot higher to a price position of $1 or more

XRP took a little break, right now it has huge volume and to be honest xrp gonna make some history. I don’t know it will hit $1 or more but feeling bullish with xrp.

Twitter and Reddit create the volume.

I shorted Ripple @ 50c in Bitmex a couple of hours ago. Let's see will my bet pays off and never (at least in the next couple of days) hits $1 Cheesy

seramania

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Quote from: cha.young on January 26, 2021, 12:13:33 AM

Last year, Ripple (XRP) price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.

What do you think will happen to XRP price for this year? will it recover or will it dump more?

xrp in january is showing a friendly attitude, xrp price is observed to reach $0.4 this is a good jump for xrp this month. if it is true it can be consistent for xrp i think it will be easy for xrp to be able to shoot higher to a price position of $1 or more

Ludmilla_rose1995

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Quote from: adzino on January 29, 2021, 04:28:22 PM

I doubt it is going to recover or go any higher as long as the lawsuit is hanging around. Though I am not sure what's currently going on with SEC and Ripple (i don't follow ripple), all I know is, they are either going to get fucked and if that happens, the price is going to dump further to almost nothing or your coins might get frozen (I am not sure about this, but I have heard XRP is centralized, and if that is the case, your coins can be frozen).
But there are others will to take the risk. They are hoping the price is going to skyrocket after Ripple wins the lawsuit.

But in fact, today's ripple coin has shot upwards. You can see it today on Binance or any exchange. Do you think this is hype or FOMO? Maybe this hike is normal and will bounce back down. But the XRP isn't dead. In my opinion, as long as XRP still has trade transactions, that means XRP still has a great trust.

adzino

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I doubt it is going to recover or go any higher as long as the lawsuit is hanging around. Though I am not sure what's currently going on with SEC and Ripple (i don't follow ripple), all I know is, they are either going to get fucked and if that happens, the price is going to dump further to almost nothing or your coins might get frozen (I am not sure about this, but I have heard XRP is centralized, and if that is the case, your coins can be frozen).
But there are others will to take the risk. They are hoping the price is going to skyrocket after Ripple wins the lawsuit.

manok jepang

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In my opinion, if the Ripple team is able to solve the SEC problem, I'm the sure XRP will recover as usual, but if it fails, you can be sure that XRP will continue to decline and sink from the crypto market, this is very worried about by the investors and holders of Ripple, hopefully related parties can solve the problems that are currently hitting Ripple,

TopT3ns

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This depends on how ripple can solve the problems given by the SEC, when all of them have been resolved, it is certain that Ripple can experience a price recovery and may also experience a price increase because many investors will be happy, because Ripple is doing a good job because it can solve problems that are is going through it.

Clement Kaliyar

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Quote from: Sebas.tian on January 28, 2021, 11:48:12 AM

Ripple was just sued for some dubious reasons and they will come back for another marathon run against these saboteurs. The announcement through the US SEC about the lawsuit against Ripple was just an avenue to make make many hate the technology but the world will one day understand. They thought the lawsuit will crumble the said ripple but it price still doing well among the cryptocurrency market, it still displaying it seniority on coinmarketcap.

The reason is not dubious, if you are living in a country you need to live according to the rules and regulations, you cannot start raising money without the regulatory authorities permission and if you are doing things like that then it will have to face the issues as well. Ripple was a centralized company and they raised millions without the SEC approval and that is the lawsuit they are dealing right now.

Sebas.tian

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Quote from: cha.young on January 26, 2021, 12:13:33 AM

Last year, Ripple (XRP) price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.

What do you think will happen to XRP price for this year? will it recover or will it dump more?

I have already said this, Ripple was just sued for some dubious reasons and they will come back for another marathon run against these saboteurs. The announcement through the US SEC about the lawsuit against Ripple was just an avenue to make make many hate the technology but the world will one day understand. They thought the lawsuit will crumble the said ripple but it price still doing well among the cryptocurrency market, it still displaying it seniority on coinmarketcap.

Ozero

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Quote from: tvplus006 on January 28, 2021, 11:07:58 AM

Quote from: qory on January 27, 2021, 12:33:41 PM

Many people are now doesn't really know what to do even if I in their situation I would be panicking knowing that a lot of exchanges are closing the trading of the XRP and some people are dumping their coin. Well if the price goes around $0.15 or $0.2 I will buy using half of my asset.

Such a price of 15-20 cents per coin was on the biggest dump after the release of negative news about the SEC filing a lawsuit against Ripple. Now the price of the coin has stabilized and there will be no significant change in its value until the hearing of the case in the federal court. But if the court rules in favor of the SEC, then the price of the coin may fall even more, only it will no longer make sense to buy it at such a price.

It should be noted that the SEC has no complaints about the release and circulation of the Ripple cryptocurrency. This means that there are no obstacles to its further walking. When Ripple Labs executives pay large penalties, ripple will regain its position again.
However, in this case, we see the direct influence of states and their bodies on the circulation of cryptocurrency. The influence is still very large. US cryptocurrency exchanges immediately succumbed to pressure and removed ripple from the listing.

tvplus006

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Quote from: qory on January 27, 2021, 12:33:41 PM

Many people are now doesn't really know what to do even if I in their situation I would be panicking knowing that a lot of exchanges are closing the trading of the XRP and some people are dumping their coin. Well if the price goes around $0.15 or $0.2 I will buy using half of my asset.

Such a price of 15-20 cents per coin was on the biggest dump after the release of negative news about the SEC filing a lawsuit against Ripple. Now the price of the coin has stabilized and there will be no significant change in its value until the hearing of the case in the federal court. But if the court rules in favor of the SEC, then the price of the coin may fall even more, only it will no longer make sense to buy it at such a price.

criket

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Quote from: Kelvinid on January 27, 2021, 05:51:42 PM

This is the result of the XRP SEC case
https://www.coindesk.com/xrp-untradeable-sec-security

XRP is done and very hopeless to see its price recover after the result. I think all of their investors are moving their XRP coins off from their wallet which is the best option to take rather than being patient to wait for its recovery coz it is probably no more chance.

And even before the case, people are in doubt about this coin, a centralized coin could never be giving us a bigger price but still consistent below $1.

price issues all depend on how the market does it. indeed sometimes manipulation can be done. However, support from the market is of course needed to create market sentiment. who would have thought that bad conditions could happen to XRP? we looked really good and then refused. This is natural if ordinary people see the market without reading the news that is developing in the market.

trauchot

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So far, I see that big players and possibly XRP developers are investing in XRP and the XRP price is holding up very well and we can already say that many big players have huge amounts of money invested in XRP, and therefore I do not think that the XRP price will fall to some incredible bottoms, but of course we need to wait for news from the SEC and then it will already be possible to understand what fate awaits XRP and investors who have invested in XRP.

redsun114

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Quote from: cha.young on January 26, 2021, 07:08:22 PM

Quote from: safari88 on January 26, 2021, 11:07:14 AM

i was hoping that it will going to dump not because i don't like it but because i wanted to buy more XRP for a lower price, even with the SEC issue the price of the XRP was recently goes to $0.29 i really do think XRP is a good investment for 2021.

same thought, but i already bought more xrp when the price is at 0.21 so now i am hoping that this lawsuit ends soon so XRP will go pump and i will get my profit 10x more

Good to see people having faith in Ripple despite having all the circumstances but even if the lawsuit is taken back or solved I do not see why it would reach 10x after that. Yeah it might recover around 60 cents but that is the best case scenario but the risks are high because the coin is not getting any support from anywhere and I don't know if the owners even care at all now since they have their pockets full.

It has slipped a place down already at https://coinmarketcap.com/ and while the trading volume is good, I think there are more sellers than buyers at this point. I am hopeful they can solve their issues and another thing they should do is release the 20 XRP they block for each new address used as an activation fees.

Kelvinid

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This is the result of the XRP SEC case
https://www.coindesk.com/xrp-untradeable-sec-security

XRP is done and very hopeless to see its price recover after the result. I think all of their investors are moving their XRP coins off from their wallet which is the best option to take rather than being patient to wait for its recovery coz it is probably no more chance.

And even before the case, people are in doubt about this coin, a centralized coin could never be giving us a bigger price but still consistent below $1.

hulla

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Quote from: cha.young on January 26, 2021, 12:13:33 AM

Last year, Ripple (XRP) price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.

XRP is a coin that will be subject to security laws.
1) It a centralized coin and any government organisation can intervene in the activities or problems that involved XRP legal issues.
2) Every crypto company that hosts an initial offering but broke the US SEC rules and regulations is subject to security law which is what the XRP team did when they scammed US investors through the initial offering.

Quote from: cha.young on January 26, 2021, 12:13:33 AM

What do you think will happen to XRP price for this year? will it recover or will it dump more?

The Japanese are the major holder o XRP but I still believe the price of the coin will be dump throughout this current bullish market.

Topic: Will Ripple (XRP) price will it recover or will it dump more? (Read 559 times)