XRP Price Analysis: XRP to Hit A “Diamond Bottom”

BitHodler

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Quote from: Oceat on November 06, 2019, 12:08:53 PM

Ethereum as you say is way better to consider as an investment if you compared the Ripple by itself.

I agree, especially with how Ethereum is transitioning to POS which will allow people to generate passive income, which isn't something you can do with XRP, neither do I believe that XRP will be adopted by financial institutions.

Ethereum has much more liquidity too, which means that it's much easier to cash our or enter for large players, which can't really be said about XRP.... its market cap is very deceiving.

Another thing is that Ripple the company has been selling a lot of its XRP reserves, which as we can see didn't bode well for the price.... they singlehandedly made sure that it went lower and lower due to the constant selling pressure.

Oceat

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Quote from: Wysi on November 06, 2019, 01:47:00 AM

Quote from: yazher on November 05, 2019, 11:51:16 PM

The price is still low but slowly increasing in the market as of today. Last night I notice its price movement when it was at $0.28 and when I checked again, it's up to $0.29 and as of this moment, the price is $0.3, either way, I really want to see its price increasing everyday cause I'm also holding some amount of XRP in my wallet. I also notice that the price of ETH and the other altcoins are increasing as well couldn't it be another preparation of another Atlcoins bullish?

Never trust Ripple as I have made similar mistake and you can buy it only when it starts to increase and then dump it when it reaches peak because all the other altcoins have shown slight price increase compared to Ripple which is still lagging behind. We have already missed the golden days to invest into ETH as well as BTC, Ripple has always been trailing behind except once when it reached second ranking.

What else would you expect to a stable coin? But the chances of gaining a profit is too small, only when there is a bull run that would drastically grow every altcoins in the field of cryptocurrency. Ripple is not that having too much fan since most of the banks are using Ripple. Ethereum as you say is way better to consider as an investment if you compared the Ripple by itself.

Apened

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Quote from: Prateek_sharma on October 26, 2019, 05:35:02 AM

XRP Price Analysis: The current XRP price at the time of writing is $0.291948, with a market cap of $12,626,191,988. The 24-hour volume was at $3,563,159,106 and a bullish surge of 24-hour change at 4.18%.

Read here: https://coinpedia.org/news/price-analysis/xrp-to-reach-diamond-bottom/

I've seen that diamond bottom in other traders but i never believed on them but still i manage to make a profit not only in xrp. That diamond bottom is very rare pattern that i saw. I almost forgot that pattern when i'm doing Technical analysis. As of now almost all coins are having a breakout and it so nice to see that to make trades and earn profits.

Angrydwarfs

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Every day for the past year xrp holders have been calling for the moon. Yet it never happened, xrp is struggling to gain anything meaningful because there is very little xrp usage. Brad bought moneygram to force them to use their centralized garbage.

knuckey

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Quote from: Wysi on November 06, 2019, 01:47:00 AM

Quote from: yazher on November 05, 2019, 11:51:16 PM

The price is still low but slowly increasing in the market as of today. Last night I notice its price movement when it was at $0.28 and when I checked again, it's up to $0.29 and as of this moment, the price is $0.3, either way, I really want to see its price increasing everyday cause I'm also holding some amount of XRP in my wallet. I also notice that the price of ETH and the other altcoins are increasing as well couldn't it be another preparation of another Atlcoins bullish?

Never trust Ripple as I have made similar mistake and you can buy it only when it starts to increase and then dump it when it reaches peak because all the other altcoins have shown slight price increase compared to Ripple which is still lagging behind. We have already missed the golden days to invest into ETH as well as BTC, Ripple has always been trailing behind except once when it reached second ranking.

That's right and it's better to compare between ripple and ETH. I think it is more profitable to hold ETH, because ETH is better in terms of products and also the increase that occurs between the both.

Wysi

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Quote from: yazher on November 05, 2019, 11:51:16 PM

The price is still low but slowly increasing in the market as of today. Last night I notice its price movement when it was at $0.28 and when I checked again, it's up to $0.29 and as of this moment, the price is $0.3, either way, I really want to see its price increasing everyday cause I'm also holding some amount of XRP in my wallet. I also notice that the price of ETH and the other altcoins are increasing as well couldn't it be another preparation of another Atlcoins bullish?

Never trust Ripple as I have made similar mistake and you can buy it only when it starts to increase and then dump it when it reaches peak because all the other altcoins have shown slight price increase compared to Ripple which is still lagging behind. We have already missed the golden days to invest into ETH as well as BTC, Ripple has always been trailing behind except once when it reached second ranking.

yazher

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The price is still low but slowly increasing in the market as of today. Last night I notice its price movement when it was at $0.28 and when I checked again, it's up to $0.29 and as of this moment, the price is $0.3, either way, I really want to see its price increasing everyday cause I'm also holding some amount of XRP in my wallet. I also notice that the price of ETH and the other altcoins are increasing as well couldn't it be another preparation of another Atlcoins bullish?

binhvo1505

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Quote from: Prateek_sharma on October 26, 2019, 05:35:02 AM

XRP Price Analysis: The current XRP price at the time of writing is $0.291948, with a market cap of $12,626,191,988. The 24-hour volume was at $3,563,159,106 and a bullish surge of 24-hour change at 4.18%.

Read here: https://coinpedia.org/news/price-analysis/xrp-to-reach-diamond-bottom/

There is also nothing to be proud of when Bitcoin increases 22% and ETH increases 12% - 13% but XRP only 4%. This shows that bears in XRP are huge and they are always ready to step down when the market is uptrend.
This is quite a sad thing that has been happening in the Ripple community. I think that if this continues, XRP will not be able to return to the old peak.

AliMan

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Quote from: pamsugas on November 05, 2019, 09:47:31 PM

Peter Brandt is a reliable analyst. I also often see his predictions. XRP seems to have shown an increase, although not yet significant. My prediction is also like XRP preparing for a boom

The graph showed a significant increase as demand also takes place several weeks ago. Looking on the preparation of XRP's momentum before it hits the peak, it's not impossible for ripple to achieve the last price tip if we base it on the previous highest reached price. Somehow it doesn't mean we're putting our 100% trust on it, just rely on that principles you had right now, just be calm and ready for possible surges of xrp trend movement.

michellee

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Quote from: pamsugas on November 05, 2019, 09:47:31 PM

Peter Brandt is a reliable analyst. I also often see his predictions. XRP seems to have shown an increase, although not yet significant. My prediction is also like XRP preparing for a boom

So we almost get the right time to see XRP will boom? Then I will make sure to join the party like 2017 Grin

That is interesting to see his prediction, but I don't use his note to find a good time to buy and sell XRP. I already have some XRP from a low price, and now, I wait for the boom if that will happen later. But we are still too far to expect XRP can rise in a short time because I think we need to be patient until the new year, so that will bring a new chance for XRP to increase. But I don't know if there is a pump coming to one exchange because if that happens, then that can push the price to increase higher in a short time.

pamsugas

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Peter Brandt is a reliable analyst. I also often see his predictions. XRP seems to have shown an increase, although not yet significant. My prediction is also like XRP preparing for a boom

alyssa85

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Quote from: Prateek_sharma on October 26, 2019, 05:35:02 AM

XRP Price Analysis: The current XRP price at the time of writing is $0.291948, with a market cap of $12,626,191,988. The 24-hour volume was at $3,563,159,106 and a bullish surge of 24-hour change at 4.18%.

Read here: https://coinpedia.org/news/price-analysis/xrp-to-reach-diamond-bottom/

The TA might be favourable (though it's not clear that TA works well with such thin markets like crypto), but there isn't any fundamental reason why XRP should rally. Does anyone in the real world actually use Ripple?

Pelunize12

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Quote from: CjMapope on November 05, 2019, 05:30:22 PM

Quote from: Prateek_sharma on October 26, 2019, 05:35:02 AM

XRP Price Analysis: The current XRP price at the time of writing is $0.291948, with a market cap of $12,626,191,988. The 24-hour volume was at $3,563,159,106 and a bullish surge of 24-hour change at 4.18%.

Read here: https://coinpedia.org/news/price-analysis/xrp-to-reach-diamond-bottom/

This is a really generic TA man haha, sounds like just a normal day for a coin..
Your seeming to get a bad rep around here for posting alot of threads that just mindlessly shill crap on others
All that does is make people automatically disregard anything you say, now i trust XRP even less Tongue

(not really, just YOUR TA on anything lol)

it looks like generic, but after seeing who made this. i wanna think more
this prediction made by Peter Brandt, a well-known veteran trader.

https://twitter.com/PeterLBrandt/status/1187699879105191937?s=20

boltz

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Diamond bottom ? With that supply and the owner having more than 40% of the total supply releasing a certain number of coins per month into the market ? Makes it almost impossible for someone to guess the XRP bottom , honestly. I know you're a hodler of XRP and I wish you all the good but if you want to speculate XRP bottom . I think that was at 2400 satoshi as lets not forget that the total ROI of xrp since inception is 5,029.72%....

longyenthanh

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Quote from: scambust on November 05, 2019, 02:22:45 PM

If Ripple XRP breaks out of the resistance at 30 cents, the next target will be 34 cents which is a diagonal resistance started from April 2018 highs. And when it also breaks that resistance, it is going moon hard. Good luck, XRP army.

The XRP price can be manipulated at any time. Probably now it will be slowly pumped until the moment when banksters will cut the sheeps. I understand that for experienced speculators this is a great tool, but for new users it is a very dangerous investment.
At any time, the amount of XRP can even be doubled and then it would be a disaster for new investors. And it is possible ...

CjMapope

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Quote from: Prateek_sharma on October 26, 2019, 05:35:02 AM

XRP Price Analysis: The current XRP price at the time of writing is $0.291948, with a market cap of $12,626,191,988. The 24-hour volume was at $3,563,159,106 and a bullish surge of 24-hour change at 4.18%.

Read here: https://coinpedia.org/news/price-analysis/xrp-to-reach-diamond-bottom/

This is a really generic TA man haha, sounds like just a normal day for a coin..
Your seeming to get a bad rep around here for posting alot of threads that just mindlessly shill crap on others
All that does is make people automatically disregard anything you say, now i trust XRP even less Tongue

(not really, just YOUR TA on anything lol)

tabas

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Bullish surge? that isn't an impressive move for XRP. What if Ripple also do the same thing as XLM did? I think that it will be worth it for them to try.
Just look the surge that happened to XLM after burning half of its total supply.

scambust

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If Ripple XRP breaks out of the resistance at 30 cents, the next target will be 34 cents which is a diagonal resistance started from April 2018 highs. And when it also breaks that resistance, it is going moon hard. Good luck, XRP army.

Willitivity

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Quote from: Prateek_sharma on October 26, 2019, 05:35:02 AM

XRP Price Analysis: The current XRP price at the time of writing is $0.291948, with a market cap of $12,626,191,988. The 24-hour volume was at $3,563,159,106 and a bullish surge of 24-hour change at 4.18%.

Read here: https://coinpedia.org/news/price-analysis/xrp-to-reach-diamond-bottom/

XRP has not really shown an good measurable in terms of price. It has been kind of rotating within a particular range. From this position now, its either it goes up or down. It really needs more time to show a price pattern and it's till then we can actually know whether it is going bullish or not.

Cnut237

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XRP price behaviour is a bit of an outlier. Often the whole market, or at least the whole alt market, moves together. But XRP tends to do its own thing. Whether this is due to Ripple releasing huge numbers of new tokens or not, I don't know. But I do think that this is probably the most difficult coin amongst top alts to predict price movements for.
It looks low at the moment, so I'd expect a big rise at some point. But who knows?

Topic: XRP Price Analysis: XRP to Hit A “Diamond Bottom” (Read 199 times)