Bitcoin Forum

There was a sharp decline in ripple below the $0.2600 and $0.2580 supports against the US Dollar yesterday. The bears, taking control, pushed the price below the $0.2500 support level.



Source: https://www.thecoinrepublic.com/ripple-xrp-price-analysis-bulls-struggling-to-surge-above-0-26/

XRP is one of the coin that has been stagnant ever since the bull triggered bitcoin.

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This is the coin that we have seen to be not moving at all, it's no longer a question if XRP will struggle to surge whether we see the market go on bulls.

IMHO! Ripple (XRP) was still in the top 3 in the CoinMarketCap the so called sharp decline is just temporary or maybe it will break below the support level of $0.25 cents, I think theres nothing to worry about because we all know that the price would eventually rise when the market will return in bullish mode. so for the mean time lets ride with the flow let the bearish mode dominate for now and im sure XRP will bounce back soon.

XRP is still a great project and has a very bright future. But yes the price does seem quite stagnant at the moment. It is one of those coins that can have sudden dramatic price increases though, so it is always difficult deciding to sell in case you miss out on one of those big increases.

I read that XRP execs keep dumping the coin, making any price increase basically impossible. Once they stop dumping, the coin can increase... if the alt market ever recovers, that is.

XRP is among the top five altcoins in the market right now,you don't have to worry about low value drops XRP is facing presently because its happening based on market condition,XRP is a coin a holder should include in his or her portfolio,these top coins can't go wrong and they will bring profits if market takes an unexpected positive moves

The dumping stops when xrp is mass adopted which looks unlikely. Banks want to use ripple but not xrp.

The key in this market is bitcoin and without the rebound that will be created by bitcoin and it's impossible for ripple to break the sell wall again. It looks like the majority of people are sticking their investment to the bitcoin consider the bearish market of bitcoin is pushing ripple to break the support level,
I doubt if ripplt can achieve the previous support level easily without help from bitcoin.

well, everyone knew if this coin become the TOP 5 coin at coinmarketcap
but, i heard a lot of people didn't like this altcoin mate
because the fact this is a centralized cryptocurrency not a decentralized cryptocurrency ;)

The banks want to use ripple blockchain, not the ripple itself *corrected.
practically everything gets dumped right now because Bitcoin itself is bleeding hard, there is no way xrp will get momentum at this rate because Bitcoin is always be used as a sign of the trend which is in bear right now.

There is nothing to this coin anymore after the it dips below $0.50 last year, it has never bounce back since then even with all the volume it has that its listed being the 3rd of all. When they say you can't go wrong when you invest to the top coins, its not really true. If you picked XRP right now because you see it dips this low, you just lose some money.

So we can safely say that XRP or least majority of the coins still depend on the price movement of Bitcoin. We may even call them dependent on it, because without Bitcon's massive run, altcoin will not move as well. So I guess since Bitcoin is struggling to get another pump, then obviously most altcoins are going to struggle as well and we may have to wait for next year to at least see some growth around the market. Also, we still have that mentality that XRP is a bankers coin, not good for those purist who wanted a coin that is truly decentralised like Bitcoin.

today xrp price run above $0.26
maybe if this growing market continues, the price will reach $0.3 mate
but, personally i don't like to hold xrp in long term, because this alts is a centralized cryptocurrency