Wondering WHAT must have AWAKEN the SLEEPING GIANT - XRP ?

Iyeman

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Quote from: coinporch on December 06, 2020, 01:19:33 PM

i think if we look the market capitalizations, xrp is not a sleeping giant, this coin already become a giant my friend
all people knew if this coin is number three on coinmarketcap site, right ?

Maybe he means about ripple has the more possibilities to be pump but it's not yet pumped. BTW people knew about that but it seems like it's not about XRP is sitting on the third place of CMC.
The spark token has been giving a very big contribution to the price of ripple. Hence ripple can achieve this rate easily. People are betting their life on this spark token. Some people predicted if spark token will worth a lot of money too.

target

legendary

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Quote from: wxa7115 on December 06, 2020, 01:45:42 PM

Quote from: globalcitizen on November 24, 2020, 05:24:24 PM

It is said that in the crypto world anything is possible.

Could it be that the statement must have been the reason for the recent skyrocketing in the value of Ripple (XRP).

Just 4 days ago the price of the coin was less than $0.32.

What am I seeing today? A coin value above $0.69 giving more than a 100% ROI in less than a week.

I'm lost! I can't figure out the real reason behind this jump in price. Could it be driven by the recent BTC moon or the activities of traditional financial institutions that XRP was created to serve?

Will I be right to say that it's heading above $1 before it would retract (if at all)?.

Let me know what you think or know?

Most of the time I say to people that it does not really mater why a coin is moving the way it does as long as it is not because of a pump and dump or a scam, the question that as a trader you need to ask yourself is if you can take advantage of the movement that you are watching? If not then forget about it and if you can then you need to observe the market very carefully so you can take full advantage of the current movement.

After all even if you were to find out why XRP is moving the way it did that is still not going to tell you how high it will go or for how long so it is one of those questions that while interesting makes nothing to improve your chances to make a good trade.

There were times in the past that XRP price had surge because of a near development of a project such as the time when they announced the SWELL. But after it investors dismay about its update and then price dive once again. It's almost like a scam already which is why if this Flare flops, you can expect the plunge too. $0.60 is likely the sell wall of Garlinghouse.

wxa7115

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Quote from: globalcitizen on November 24, 2020, 05:24:24 PM

It is said that in the crypto world anything is possible.

Could it be that the statement must have been the reason for the recent skyrocketing in the value of Ripple (XRP).

Just 4 days ago the price of the coin was less than $0.32.

What am I seeing today? A coin value above $0.69 giving more than a 100% ROI in less than a week.

I'm lost! I can't figure out the real reason behind this jump in price. Could it be driven by the recent BTC moon or the activities of traditional financial institutions that XRP was created to serve?

Will I be right to say that it's heading above $1 before it would retract (if at all)?.

Let me know what you think or know?

Most of the time I say to people that it does not really mater why a coin is moving the way it does as long as it is not because of a pump and dump or a scam, the question that as a trader you need to ask yourself is if you can take advantage of the movement that you are watching? If not then forget about it and if you can then you need to observe the market very carefully so you can take full advantage of the current movement.

After all even if you were to find out why XRP is moving the way it did that is still not going to tell you how high it will go or for how long so it is one of those questions that while interesting makes nothing to improve your chances to make a good trade.

pealr12

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The hype about the airdrop was mostly the driving force of the pump i would say, xrp is a centralise project as as far as I know the crypto Community don't take much interest on such project and already xrp is on the top of cmc list which shows the project is already well known by many, can't call it a sleeping giant because it has already made name.

coinporch

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i think if we look the market capitalizations, xrp is not a sleeping giant, this coin already become a giant my friend
all people knew if this coin is number three on coinmarketcap site, right ?

Anish02

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Quote from: cryptogod322 on December 01, 2020, 06:51:41 AM

Obviously, the ripple has grown due to the airdrop expectations on December 12, when the SPARK tokens will be handed out for holding ripple. I think this is not yet the peak of Ripple's growth, I'm waiting for it at $ 1 and I will sell there.

I do agree with your statement, sudden gain in ripple price has happened because of the airdrop thing, all the XRP holders would able to get SPARK token airdrop. That's must be the reason behind XRP's price spike. As well if BTC crosses the $ 20k mark then again it will get momentum in its growth and it could be reached to $1 price.

cryptogod322

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Obviously, ripple has grown due to the airdrop expectations on December 12, when the SPARK tokens will be handed out for holding ripple. I think this is not yet the peak of Ripple's growth, I'm waiting for it at $ 1 and I will sell there.

kkaroul4

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I haven't heard of XRP for a long time just this spike on it's price a while ago, does anyone think that this is a good for long term investment? Where could I find a news about the XRP I mean not about the price but about the project itself.

globalcitizen

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Quote from: kasakola on November 25, 2020, 12:47:07 PM

From a few words about XRP, because I thought a few days ago that XRP would give us such a big profit. Even after that I think xrp will pump more in front so I held xrp so I think xrp pumps a lot now. If it is listed on bnb, but its price will be much more inshaAllah. This team talks to the if bnb team but it will work very easily inshaAllah. Thanks everyone

If you currently hold XRP, yes, it's a good opportunity to turn in a meaningful reward. But you should watch and monitor the market closely to know when to cash out for a maximized returns. You can equally go long term (may be 6 months - 2 years) in your holding and you'll still be good at the end. Just do your research and follow developments in the market.

As regards listing on Binance (if that's what you mean by BNB), XRP has been trading on the Binance exchange since 2017 and you can always trade it on the platform anytime. I don't think it's going to be relisted again in the exchange.

globalcitizen

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Quote from: Festac on November 26, 2020, 03:53:13 AM

Not every XRP adopters are investing because of how good the altcoin is, many invest because they want to make more money through Spark token airdrop and once the airdrop is over there will be many dumpers, might not have bad effect on XRP though because it has very high liquidity and volumes

I agree with you that many who invest in XRP (and many other coins as well) do so to cash out quickly (perhaps after the airdrop in the case of Ripple. However, I do think that such attitude to the crypto market is rather having a negative effect on the value of the coins and the industry in general.

If all those who invested during the period of bull-run liquidate their investment immediately after gain, the end result will definitely be a drastic fall in value to pre-bullrun or even lower than the price before the move. How I wish investors don't look at crypto as a get-rich-quick industry and invest with caution and patience. We can see what is happening now - about 15% fall in the overall crypto market cap in the last 24 hours.

rahmatullah9305

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Quote from: Festac on November 26, 2020, 03:53:13 AM

Not every XRP adopters are investing because of how good the altcoin is, many invest because they want to make more money through Spark token airdrop and once the airdrop is over there will be many dumpers, might not have bad effect on XRP though because it has very high liquidity and volumes

Yes, and some of them just take advantage of good moments in the airdrop program because of the support from XRP, so that is also very good because those who are able to take advantage of good moments will always be profitable at all times.

Festac

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Not every XRP adopters are investing because of how good the altcoin is, many invest because they want to make more money through Spark token airdrop and once the airdrop is over there will be many dumpers, might not have bad effect on XRP though because it has very high liquidity and volumes

traderethereum

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Quote from: nrvasquez on November 25, 2020, 08:33:27 AM

Quote from: perla on November 25, 2020, 07:20:51 AM

It reaches $0.9 but drops to $0.6 in just second if I'm not wrong so I really think that it can be more than $1 in no time, maybe we should just wait a little more or invest more on Ripple I was thinking about it but I'm not quite sure if it's good now to invest on it.

I think the $1 price level is still quite difficult for Ripple even though they have shown a significant increase in the last few days. Maybe when bitcoin does hit the $25k price level, XRP will be able to keep up

Maybe that is right, but we need to remember what was happened to XRP in the last bull run.
The price can rise to the highest price quickly, which makes many people amaze that, and many of them are late to buy XRP.
XRP itself still at a low price now, and as you say, maybe it will need more time to break $1. But I guess that can happen in the future because the price can touch $0.7 as the highest price in just a few days ago.
But after the bitcoin price makes another correction, the price now is back to $0.5, but I guess that price will be increased again after bitcoin can back increase to the high price.
Like other coins, we need to give more time to see if XRP can increase in a short time or long term, and don't greedy to take the profit.

globalcitizen

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Quote from: cheezcarls on November 25, 2020, 07:26:29 AM

It maybe because of the Flare airdrop where XRP holders are gonna be benefited from this. On Facebook, I see lots of people calling XRP a shitcoin back then when it was hovering around $0.20 to $0.25. And now the price got more than tripled already and it returned to the 3rd spot on CoinMarketCap. My cousin who is holding XRP must be very happy to see this pump, but expect that a correction or pullback would happen anytime. If I were you guys, sell the profit and keep the capital. Just my opinion.

I'm of the same view you expressed on the possibility of it pulling back after this period of pumping. This is very common in this space and I wouldn't be surprised if it happens just before the beginning of next year. I think the current pump is not going to be sustainable for a long time, hence, the reason new investors should trade cautiously. Just prepare for what will happen after the planned airdrop is concluded.

kasakola

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From a few words about XRP, because I thought a few days ago that XRP would give us such a big profit. Even after that I think xrp will pump more in front so I held xrp so I think xrp pumps a lot now. If it is listed on bnb, but its price will be much more inshaAllah. This team talks to the if bnb team but it will work very easily inshaAllah. Thanks everyone

nrvasquez

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Quote from: perla on November 25, 2020, 07:20:51 AM

It reaches $0.9 but drops to $0.6 in just second if I'm not wrong so I really think that it can be more than $1 in no time, maybe we should just wait a little more or invest more on Ripple I was thinking about it but I'm not quite sure if it's good now to invest on it.

I think the $1 price level is still quite difficult for Ripple even though they have shown a significant increase in the last few days. Maybe when bitcoin does hit the $25k price level, XRP will be able to keep up

MWesterweele

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Quote from: safari88 on November 25, 2020, 07:47:22 AM

does anyone think XRP could be just a sleeping giant? i heard the news about it's spike i was intrigued and was thinking of buying some XRP right now maybe a portion of XRP and Ethereum and the rest will be in bitcoin. do you think that would be a great idea?

I am one who believes and thinking that XRP(Ripple) was a sleeping giant. Who would've thought that XRP now were become a good investment possessing a continuous rising of market value. Currently i am thinking that i should invest in it too. Don't want to miss the bull rocket of XRP before the fork comes. And speaking of fork was one reason which holding me back on my plan this might could be one of the reason to dropped XRP value uncontrollably.

safari88

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does anyone think XRP could be just a sleeping giant? i heard the news about it's spike i was intrigued and was thinking of buying some XRP right now maybe a portion of XRP and Ethereum and the rest will be in bitcoin. do you think that would be a great idea?

cheezcarls

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It maybe because of the Flare airdrop where XRP holders are gonna be benefited from this. On Facebook, I see lots of people calling XRP a shitcoin back then when it was hovering around $0.20 to $0.25. And now the price got more than tripled already and it returned to the 3rd spot on CoinMarketCap. My cousin who is holding XRP must be very happy to see this pump, but expect that a correction or pullback would happen anytime. If I were you guys, sell the profit and keep the capital. Just my opinion.

perla

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It reaches $0.9 but drops to $0.6 in just second if I'm not wrong so I really think that it can be more than $1 in no time, maybe we should just wait a little more or invest more on Ripple I was thinking about it but I'm not quite sure if it's good now to invest on it.

Topic: Wondering WHAT must have AWAKEN the SLEEPING GIANT - XRP ? (Read 409 times)