XRP Rallied by 91% In The Last Month - page 2.

Princejebs

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Quote from: darkphoenix2610 on December 06, 2020, 06:52:40 AM

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

I have a friend who bought Xrp at $1 he his still bullish on Xrp, he hasn't sold any from his portfolio. I'm wondering when he will make back his capital and probably profits Kiss

Somebody said advice every other people but ignored Xrp holders. I can't hold a coin without development or probably said mainstream has ignored their actions.
I hope they recover soon with the burning strategy.

maxreish

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Probably many possible reasons and one of those are;

-the flare network airdrop partnership
-US Bank and other Banks confirmed xrp partnership too

This rallied proves that xrp is still worth to hold for as a long term investment. The massive bull run following btc steps makes it more valuable. I've just heard xrp in purchases for gaming industry has been accepted by some gaming companies, which I think this kind of adoption urge the xrp moves upward.

istiak2277

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Quote from: darkphoenix2610 on December 06, 2020, 06:52:40 AM

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

XRP price of 10 to 20 dollars is a dream I think. A token will 100 billion total supply is not easy to touch that level even BTC hit 50k in 2021 which also looks non-achievable. Recently rally is also done by the project team and they bought 48M worth of XRP. Also, spark token airdrop also help it a little bit to continue the rally.

maydna

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This is understandable when Bitcoin rose to $ 19,800 and it dragged XRP along. I think XRP could go up to $ 1. If Bitcoin hits $20,000, there will be many surprises in 2021.

Perhaps, the altcoin season needs to wait for the bitcoin price increase and break $20k. But we never know if XRP can go up to $1, although I still waiting for the XRP price to go to more than $1 Grin

But this time, XRP goes down again following bitcoin price, and we don't know until how deep the price will be bouncing up again. But we can use this time to buy more amount of XRP, and perhaps, we have a chance to get an airdrop from Flare. If that happens, we can have the opportunity to make an additional profit from the token.

bryant.coleman

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For a manipulated shitcoin such as XRP, it is not that hard to get a major rally. Only around 10% of the total supply is in free-float, and therefore it is much easier to manipulate the prices due to limited liquidity. But things can change, if the promoters (who hold 80% to 90% of the total supply) are going to dump some of their holdings in the market. If that happens, rather than a 91% spike, we will be getting a 91% dip.

shinratensei_

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Quote from: ?? on ??

This is understandable when Bitcoin rose to $ 19,800 and it dragged XRP along. I think XRP could go up to $ 1. If Bitcoin hits $20,000, there will be many surprises in 2021.

We are very close to the date when snapshot will be taken and it's a very difficult thing for XRP could defend its position. There are so many people already prepared their XRP to be liquidated in the market when the snapshot has taken. BTW this is a strategy by them all to get free money from XRP. They are not interesting with the usecase of XRP.
You will be seeing XRP gets dumped even deeper.

yazher

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Quote from: darkphoenix2610 on December 06, 2020, 06:52:40 AM

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

Although the price of XRP has reached an unexpected surge this past few months, the speculations of the other people have gone too far because they speculated too much than the unexpected price. with the current state of the market today, it's no surprise for us to see the current price of XRP rise to its normal level and today it even raises up to 91% than its past price. We will see if the market has subsided and the price of XRP still not budging then expect good news in the future.

MCobian

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To be honest, I was quite surprised by the increase in XRP prices, after I tried to find information about the cause of the XRP price increase,
did not find a satisfactory answer. Most people think it's due to airdrop Flare for XRP holders, but I doubt the reason. Because the Flare airdrop
was not strong enough to make XRP increase. I think there is a relationship with banks that support XRP so far, maybe this is their doing.
Then regarding the speculation that XRP prices will reach $ 10 - $ 20 in early 2021 is not possible, because the target is too high for XRP to be
able to achieve. More realistically XRP early next year will hit a price of $ 1.

LogitechMouse

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Some might say that the recent airdrop has made the price of Ripple rallied but I believe that it isn't the sole reason to it.

Lets face it. I'm a huge hater of Ripple years ago when I'm really starting to learn crypto since most of the users here and the people out there saying things like "Ripple is a scam" or "Ripple is useless" etc. This changed throughout the years because lets face it. Ripple has a very huge community (not as huge as other coins though) and they are active so one good news might pump the price of Ripple in just a few days. Probably fundamentals and technicals also helped those investors to invest into Ripple but a rally like this isn't uncommon already because we've seen other coins rallied even higher than this.

Billo_

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XRP will drop really hard when it gets considered a security by US SEC. Nobody really knows if XRP can survive if it gets sued because it might give a huge money penalty to XRP and devs need to sell all XRP to avoid getting send to prison.

plr

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Quote from: darkphoenix2610 on December 06, 2020, 06:52:40 AM

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

It's because of the flare token airdrop many investors are buying because of the airdrop right but once they received the airdrops or snapshots happens expect the price to drop I don't believe it will reach $10 in 2021 it's having a hard time to even reach $1 even though there is an airdrop coming.

djgtr

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Quote from: darkphoenix2610 on December 06, 2020, 06:52:40 AM

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

I've already got this insights, and as per observations together with a friend who shares an analysis xrp would gain unti $6. Your projection was further too high and that's really expensive for xrp in the near future. Let only have the optimized value to avoid certain frustrations when we fail on our holdings.

zulfi125

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The news about the $10 to $20 price of XRP is just speculation and making a profit by whales, but I think will the price will be reached at $2 to $3 by the end of 2021 and 91% growth due to BTC price rise from $13700 to $19000 and also some good news about XRP that is flare network airdrop is coming on 12 December and also partnership with big banks.

kkaroul4

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Looks like the XRP have been in a lot of topics lately due to its price increase users who bought before it increase really do gain good profit out of it looks like some investors are now looking on the potential of the XRP.

fridrix21

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Ripple has grown so much just because of the upcoming SPARK airdrop on December 12, and it didn't even get to $ 1 on this news. So I don't believe it will go up to $ 10 in 2021.

Genemind

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People are waiting for the Flare airdrop this coming December 12. However, I've read an update about the airdrop distribution where only 15% of the amount you are holding on supporting wallets or exchange will be distributed that day and the other 85% will be distributed within 24 months or so, one of my friends forwarded a screenshot of the update so I don't have a link to share.

Ridwan Fauzi

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I'm not a hypocrite that this coin has a good future, especially at fundamental factor. As you may know, how many banks on this world which use XRP for sending money tool? I guess a lot.

So, I'm not weird if sometime this coin has a good price as you mentioned but I'm not weird as well if this coin price just dumped a lot since this coin is centralized where there is some people who will hold a lot of XRP on their wallet and they can sell it anytime.

And recently I read an information from coinbase exchange, they will give a spark token for those who hold XRP on coinbase exchange. This news will push some people to hold XRP and even will encourage for many people to buy XRP as much as they can.

totoy4741

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The reason might the incoming Spark token snapshot by XRP which is supported by various crypto exchanges and wallets including binance on Dec 12 and the speculations of 50BLN token burn will was force to do by the community. There have some article links and videos on youtube regarding the token burn.

darkphoenix2610

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Quote from: MandatoryOption on December 07, 2020, 04:58:40 AM

"Hey XRP just pumped 90% in the last month. Is that a sign it will pump another 3000% in the next 6 months?"

Ripple at $10 would mean a market cap of 453 billion USD, more than the current market cap of BTC, ETH and XRP combined. How delusional does anyone have to be to believe such "predictions"? Are your XRP bags that big?

I don't know if the pump made in the last month is a good sign though there are news came out supporting their claim to pump it just like their partnership with Bank of America which most says it will pump to 10 to 20 dollars, but there is this news also contradicting that claim which is the threat of Ripple CEO that they will be going to leave U.S. and that is regrading the regulations. That news I believe that has a bad impact on the price of XRP.

tvplus006

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Quote from: aysha9853 on December 07, 2020, 02:44:58 AM

because there is an Airdrop Flare for XRP holders, so currently investors are buying XRP to get Token Flare, maybe after the token flare is distributed to XRP holders, the XRP price will likely decrease

The upcoming airdrop of an unknown coin can't change the price of XRP that much. I do not rule out the possibility that XRP is waiting for a dump on the eve of the airdrop scheduled for December 12. The market always goes against the crowd, so all those who specifically bought a coin to participate in airdrop can get a loss.

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