Bitcoin Forum

XRP gained about 100% in just a week. Ripple does a fantastic move, a lot of hype has been circling around the coin. From all ripple news, a price prediction by the end of the year is that ripple will go to $589! Should you still buy XRP at this price? Is buying XRP at current price a good investment? Is XRP could be life changing in a few years? ???

What are you people thinking?

The last growth was due to the big success of the team and it seemed that it was exactly the impulse wave and not the correction of the previous fall.
That is, on the daily chart, there wsa only a wave-1 with a peak of $0.8. Therefore, we must expect a third wave, which by the rules should be much larger than the first.
So buying it's definitely a good idea and all you have to do is find the entry point.

Who predicted this? is this a serious prediction? $0.5 to $589?
That's unlikely and unreal, they are telling that's possible so people would buy.

No.

It seems like the market is going down again, might be a good time to buy but I would wait a few to see where this drop takes us. As for XRP, I'd wait a little more, current price is around $0,5, but if the downtrend continues we could see it going down to $0,4 (or around the 0,00007 satoshis) which could be a good entry point.

That's bullishit. It'll be surprising if it even touches the $1 mark.

What do you mean? Could it make you rich? Absolutely not.

now is the right time to get into the XRP market. on 30 September there will be an XRP tang event which will certainly make positive news for XRP.
"This years Swell by Ripple will happen on 30th of September - 2nd of October in San Francisco."

I don't believe for a second that Ripple would ever go to $589, if you believe that that will ever happen, I don't think you should be trading at all.
Ripple's circulating supply is way too big for it to ever reach that kind of price, certainly in such a short amount of time.

Current total supply of XRP is 99,991,841,593 XRP
Current circulating supply is 39,809,069,106 XRP

I think reaching the price of XRP  to $589 is too much for now and I consider it as a hype prediction. However, XRP is now one of the promising coin that people may consider investing which I believe could further grow in the next months to come. People should consider buying this time as price is still affordable and for sure you will never regret on your decision that you had invested XRP as part of your portfolio.

It's really bad idea. Don't buy XRP right now or you will be loosing a lot of your amount caused by bearish trend. It looks possible to XRP to go back again to the around $0.4 again. I you have XRP and you can sell them all before another bearish trend will come because it looks like XRP has done with its bullish trend due to the good news about partnership.

It seems that XRP is again following the uptrend, which it adhered to in 2017. XRP is undervalued compared to peak prices, and now many users invest in this asset in anticipation of a significant return on the investment. And I'm no exception.

Xrp gained more than 100% in last week bt it was not news based growth and it technically also it was not a natural gain. crypto market is so volatile and market can be easily manipulate just because of FUD.

now you can see whale's made profit and now its corrections time for market i will suggest you wait little and buy in parts. for long term sure xrp is Good choice

XRP controoled by one organization coin.
Allways you have risk when investing to this kind of "crypto"
They can freeze deposits edit blockcchain, its a mad currency

If the price moves - it does not mean that someone needs a coin or technology.
Ordinary manipulation can be, especially since more than half of all coins in circulation are owned by the owner himself.

generally speaking in this market you always want to make sure to do two very important things:
1. buy altcoins only when they are pumping. this means buying when there is a lot of volume on the exchanges and price is still rising. also you should look how long it has been rising, if it is near the end of the rise or the volume has dropped or if the price has stopped rising and shows dropping signs then don't buy.
2. sell. which is the important part which people always forget and end up bag holding and losing money. you want to see when the pump comes to an end with looking at volume and price and how whales are controlling the market. and a lot more. then sell before it is too late to take the profit out and move on to another pumping coin to do the same.

with XRP the current pump seems to be over. buying now is not recommended. you should only buy if #1 criteria is met.

I wonder if this is another pumping of the xrp price. Looking at similar situations in the past, I would rather be careful when investing in xrp because it may turn out that the price will soon fall and most buyers at the current price may be unpleasantly surprised.

$589 before this year ends? Even in the traders wildest dream this won't happen. XRP gained high this couple weeks but I don't think it will continue to rise.

Yes you should definitely buy high in order to sell low in the coming weeks ;)
Don't forget to complain after taking a loss it's something one must do after buying high and selling low.

I do not think ripple (XRP)  is mad currency. Although I did not buy ripple recently, but before 1 years I bought it. And once you talk iabout risk, always risk in Crypto section, that is really true. So we should keep calm for any losses.
Ripple is top coin under $1.
I suggest you for wait some days after market going. I think it will be better for you.

Yes I agree with you, ripple is unbelievable from few days I guess it will overtake ETH in upcoming days if it goes like this. These days we cannot predict anything as the situation of the market is scary. Sometimes up and down like a seasaw quite complicated. Research and invest that's the success mantra.

I think this time is too late to invest into XRP. Instead of investing in XRP, I think we should invest into the coins that its price is still stay low. It will much safer and we have a chance to get more profit than XRP.

are you serious? you don't dream right?

honestly, this is the most ridiculous prediction I have ever seen, if I am not mistaken in crypto history there is not one coin that can pump up to 1000x in just a few months.

Well i do think the hype soon will emerge again cause x rapid still not launched yet and it will be next month so there is still time to buy it and hold, and now is really a good time to buy it, in my opinion xrp will hit $0,7 again in few week.

I guess you don't have to wait to buy XRP. Now you can buy coins at a bargain price. This is a chance not to be missed.

I don't know who predict such cause it has no mean and for real it will never happen even in the next 4years.

The ATH for XRP is $3 and with the current situation in market it can't touch that this year not to talk of that bullshit "$500+" you made mention.

I don't advice to even go in for XRP now because it still need some corrections which will be like 5000sat area.

Xrp gained 100% in last few day because of some good news affected, try to Google search then you will know that what was happening, who's predict xrp price will become $589? It's impossible and never become that price level, try to calculate xrp total supply and it's just a dream price, my opinion is current xrp just suitable for short term trading
  

Hm why you not buy xrp when its just 4k satoshi? Don't be regret if you do nothing when its already in dip. I don't know what happen next with xrp, but if like this situation I prefer to ignore xrp for few weeks, I'm sure it will correction at least falling down at least 10-20%. Lets find the other gems, bro.

Yeah, the Xrapid project and also some acceptance by a country banking system or thereabout actually brought about the huge growth and for a short period of time, huge gains for those that bought the dip. However, $589 is actually a very pathetic one which I certainly do not believe we would see happen and whoever must have said that could probably be high on some cheap drugs, but as it is only time can tell how things would pan out anyway and no one can say yet what is going to be for ripple in the short term or long term.

Honestly I had changed my view on XRP some long time back itself. I have been waiting for its collapse to happen. It may or may not happen in near future but it will happen for sure, because that is the real fate of a centralized coin.

XRP may have a bright future for the next 2 or 3 years. Also, buying at the current price is really like a discounted price. Anytime it may get pumped cause it will be used as transferring money from country to country. So, I think it's a better investment.

Bought Ripple prior to pump, now is time for selling, then buy again if it dumps again to 30-35 cents.
I remember the last year pump of Ripple when it pumped 1000% in a short period and dumped later on and many hype investors crying for 9 months now.
XRP= $ 589  is it a joke ?   $ 40 billion XRP circulating multiplied by $589 is like $23 trillion
The whole crypto market value  is $220 billion. I appreciate all opinions but somebody here has lost his sense for reality and not only who posted this thread but the person who gave 5 merits for it.

589$???
I was like: WTF?
do you lost your mind when believe in that?
XRP is a good coin to invest, but I don't think the profit it bring back would be as much as other coins. maybe you should think about others like IOST, EOS, ADA, etc

I think Ripple is still a good investment at the current price, but don't dream about its price above $500. I think maximum what you can see at the end of the year will be around $2.

XRP is a very good and potential coin, it has just had a very strong price hike then dropped back today. I think the market will continue to decline so investors can wait for more as XRP continues to fall deeper to buy.

I believe that Ripple will not reach the price of $589, its number is 100 billion, and if it reaches the price you predict, then you can imagine what will happen. Do you think this is possible?

buying XRP now means you are going to be buying after the pump and the time after the pumps is always going to be dumping time so in other words you would be buying at a time with a high risk of dumping and you will lose money. if you wanted to buy XRP (or generally any other altcoin like it that get pumped) you should do it during the pump not after it was over.

the funniest part about this topic is not even the $589 price for XRP. instead it is the 5 merit that OP received.

XRP shows itself like promising and well-developing coin. Creators want to develop a new transaction platform, which will make transactions faster and easier. So, it worth to invest in.

$589 is too much to believe though. I have invested to XRP, I have no doubt it will be useful in the finance industry but $589 is too much just to make hype. Lets just make it something that one can actually believe at least. Xrapid effect will be interesting to see whether it can pull up the price more than $5. The Swell conference will happen next month, I think this will also be a good exposure to XRP.

As for the prices for Ripple, I would probably advise you to wait a bit, because now we are waiting for another dip down, as soon as we start to approach the $ 6000 mark by BTC, you can start investing in Ripple

At this point there is still a little bit of retrace or correction going on and I believe this is the time anyone who is looking to invest into ripple for the bullish momentum should be looking at. For what it is worth, I am sure; XRP will still have some long way to go based on the volume and the achievements lately.

However, we also have to know that this is a centralized coin and can be highly manipulated, so whichever way, you would still want to be careful and be able to set your risk.

That's ridiculous price prediction just this year alone I am guessing it will be around $10 - $12 price range only. Getting more XRP by now is a good choice to do but do you even think XRP is a pump and dump coin? It isn't at the hype I guess so get some bags by now.