Bitcoin Forum

Ripple Rank # 3 crypto currency on coin market cap has risen more than 129% during the past 15 days which is very impressive performance by all standards. The primary  reason of the surge in price its new Project named "Flare Network" . All XRP holders will receive an equal amount of Flare tokens after 12th December, 2020. What remains to be seen is that current Bullish season and news of Flare Network token can boost the price of XRP to new highs.

The concept of this, essentially an 'AirDrop' is good and I suppose this might have had a lot to do with the XRP's momentum we have seen.

I wonder though if this trend will continue to uptrend and is so how will this be reflected in the price of the Flare tokens  ???
I suppose, as an XRP holder I shall wait and see but should you not be able to resist the temptation - speculations are welcome too!

Definitely the airdrop and the news of Bank of America joining the RippleNet are a boost, but we got to wait and see if its worth the holding, today's XRP has been stable but with tendency to decrease.

The FOMO is strong with this coin, we have plenty of room to for people who want to join the coin that had doubled its price, its probably it will rise at least to 1$

Ripple is i one of those good streaks just like all other alts... But I don't see a great future for it because is a complex coin. I mean isn't a coin that you can download the core and build your own transactions, is more a coin to use with the tools made for it, but for me, that isn't a decentralized coin.

I hope it hit $1, it would be nice to see it there, but I wouldn't bet on it for the future.

Altcoins will rise eventually following Bitcoin because investors or traders who looking for a short time investment will take a look at the top 10-20 altcoins which have good potential to trade if they thought Bitcoin is already overbought. Since the history of altcoins shows that xrp has achieved the ath at $3,84 in January 2018, so many people expect xrp to reach that price if bitcoin makes it to $ 20k again.

I do not think so. because to reach ATH bitcoin must go up even higher. if it only relies on Ripple's power alone, it can't break ATH yet. so it depends on the bitcoin trend, if the bitcoin bull trend ends, it's hard for ripple to reach the ATH. and look at the moment bitcoin is still stuck at the price of 18k, so ATH will not be reached in these months.

Absolutely right. BTC is passing through its correction phase after hitting 19,000 and came down almost $3000 but fortunately this time the Alts didn't fall so much. XRP is also showing resistance like other Prominent Alts. If BTC stabilizes around its current Price, buying will start coming in Alts soon.

I think the rise of xrp value is because of bitcoin trend. We can see that everytime the value of bitcoin increased, ethereum, xrp and other altcoin also follow. So, if bitcoin will continue to surge high then there is a possibility that XRP will also reach another ATH  before end of this year.

I thought that if the bitcoin will not go down even deeper than the current rate. I remember that some traders were also saying that bitcoin will be using 17k as the new floor to build another momentum to be used to pump the price of bitcoin again. Some holders of ripple are only waiting for the airdrop and i guess when the snapshot has taken and they will sell all of their stash.
The pump for ripple won't be longer than another major coins.

It shows some good rally again, chances that it might try to breakthrough. $1 before this year end might be very possible to hit, the catch though

is after this airdrop, once those investors who only bought in hope that the value of those free tokens is worthy taking the risk of being trapped

knowing that XRP is centralized. Cross finger I guess for those unsure traders and holders.

I don't think so,

This current increase in price of xrp is only because of their airdrop event which is not enough to make it reach a new ath. Also, its movement is currently changed from previous weeks so maybe this is just a hype because of their event and it is not enough to reach a new ath just because of the airdrop event.

Xrp should close over $1 by the end of the year to confirm bulls. As far as new all time high is concerned i do not think it can happen so quickly but surely it will happen but will take quite a few months so we will have to wait for next year.

The Ripple team came up with a good strategy with the upcoming airdrop of Flare tokens next month to Ripple holders, and imo, I think many people have bought XRP in the last couple of weeks cause of this news. Thing is if many of the current buyers actually think of contributing to the Ripple network for the long term, or are only interested in the airdrop and will prolly dump the coin afterwards, if this is the case, then the pump will surely not last long and we may be seeing a dump in a couple of weeks after the airdrop is over, it'll be interesting to study what will happen with XRP in the next month or so.

Ripple price just like bitcoin price in this last few weeks has been on increase even with the recent decrease in price of bitcoin and ripple but despite that ripple has done tremendously well compared to 2019 when the price was constantly on the red side.

The XRP exchange rates are going up just because of speculation. During the last 12 months, I haven't head anything positive about Ripple. I would rather say that during the last one year or so, the adoption and acceptability of XRP has actually gone down. The market cap seems inflated to me. Some of the smaller altcoins have much higher acceptability when compared to XRP.

We need to wait until 12 December to analyse the real market situation once the airdrop participants receives their rewards. But I am sure Ripple will break it's previous record there is no doubt about that but how long will it hold on to the higher value is the question mark as even last time Ripple went crazy with pump but could not sustain longer.

Apart from airdrop the current bullish market situation is favouring XRP.

Today there was news that ripple is selling considerable amount of its MoneyGram shares for the first time. This can mean that they are planning something big or new partnerships or possibly restructuring so i think xrp can be hit new highs soon but we cannot judge the exact date or time for that.

The world is brewing financial crisis, covid 19 has not yet been defeated, much less its economic consequences. Do not invent fairy tales for yourself. Start preparing for the "winter" now.

a lot of good news coming to xrp, but i believe this coin will not break its ATH in this year, need more time for xrp to reach the ATH my friend
even next year i think this coin will not touch its ATH

We will have to see after their schedule fork though, XRP is very volatile and we might see holders dumping it as soon as they good their free airdrop token. Specially if the price of XRP is around $1.x or even more during the fork. So I doubt that it will break it's ATH before the end of the year, it's simply on the FOMO stage right now. The real test is after the fork so stay tuned and see how everything will pan out. If it's going to touch or go to a new ATH, its probably next year.

Breaking ATH is a long way to go for XRP. It needs massive development from their end to push thru that price level. Yes, even at $1, I believe at lot will be selling their stash. However, if XRP team will continue with their partnerships around the globe, they can sustain the increase of its coin.

Well, if that happens, it could boost XRP price to increase, and maybe from today, the price will still grow and break the ATH before the end of the year. But still, it is difficult for XRP to increase higher, especially if the bitcoin price does not break the new highest price because the altcoin will go behind the altcoin. If you are interested in that news, you can buy more XRP and hold it until that day to get the token in December. I hope you can be careful and search for the exchange that will support that token. I don't think that all exchanges will support that token, and make sure you already think twice before deciding. With the price now, XRP will have a chance to hit $1 again in the next month because the price only needs to reach $0.4 to hit that price.

The old ATH of XRP can be broken when ripple foundation told all of its partners to buy XRP. It's quite difficult to see XRP can reach another ATH again. We will see what will be happening when the snapshot has taken whether the buyers will be dumping their ripple coin or not. As far as i know when the airdrop snapshot has taken and it's quite difficult for coin to defend its price from the dump.
We have learned from some coins like BCH and tron.

ATH of XRP is an the lines is very long, current at all the marketments is recovery back after XRP growing more than 100% in the short term, I think the price correction is recovering and everyone is looking forward to it, XRP will stay above $ 1 at the end of the year.

I think because of the latest developments and updates that the developer did to ripple that makes it pumping for about a month now and I also think it might reach its new all time high before the end of the year without any doubt.

this concept is almost the same as previous projects, let's say a kind of uniswap airdrop, then I just heard about CZ binance in collaboration with PencakeSwap and they distributed free airdrop especially for BNB holders, and now XRP with airdrops "Flare Network", of course this will brought a big boost to the market especially the XRP coin.

The news, of course, are excellent and I think big players will want to raise the XRP price even more by the end of this year, and it is clear that the correction of the cryptocurrency market is over and now again cryptocurrencies and, of course, Ripple will start to grow in price, so we can easily see another XRP pump already soon, so we must not miss the moment when the XRP price will rise.

I would say no. I bet after the Flare Airdrop, the momentum of XRP would stop and may begin to slowly pullback. However, I did regret about selling my XRP because of not being aware of the Flare Airdrop for XRP holders. It may be another extra money for me lol, but anyways, it is what it is.

XRP will probably be pumped regardless of the rest of the crypto market, and after the Flare Airdrop, there will most likely be a good pullback in XRP.  XRP large coin and airdrop will be of equal interest to supporters and opponents of this coin to receive free Flare.

Some time ago I had the chance to read about this Flare Network. and I think this Flare Network works like a booster for XRP. and hopefully it is true, at the end of this year when the altcoins season occurs, XRP will experience a big increase with this Flare Network.

XRP is going up just because of the hype surrounding the hard fork. On 12th December, the Spark token distribution will take place and I expect a big crash in exchange rates after this. From what I have heard, the response to this new token has been lukewarm (despite the spike in exchange rates). In order to receive the tokens, users need to set up their XRPL accounts. Only a few tens of thousands have done that till now.

Depend on the crypto market trend, if we still on this trend I mean we still in the bull run market we will see the ripple price will pass its all time high. Moreover with this fundamental factor, it can be easy for every investor to still have a comfortable feel to hold their asset until the target has been achieved.

This case will be same with ADA, previously we have seen a dramatical increase for ADA price because the developer trying to update the system until the ADA's prices was increasing a lot and the sentiment still affect for this bull run event. The fundamental factor especially an improvement from the coin itself will give a good effect for the long time.

We can see that over the past few weeks the price of digital currency has jumped quite high and at least provided a big profit for the holder and of course this also applies to the digital currency XRP, now XRP has jumped in value significantly over the last seven days after 3 years for a long time experiencing a downturn in price. XRP is currently trading at around $0.677 per coin and is up more than 25% during yesterday's trading session, XRP currently holds the third largest market valuation with a current liquid market cap of around $22.55 billion. The market cap gives the XRP token a domination index rating of 4.02% of the value of all crypto assets currently in existence ($563.91B). And the price of XRP tokens has more than quadrupled from last year, and one of the drivers that triggered the XRP price hike is the closer flare networks they will hold in several big exchanges.

IMHO, I think it's possible, and maybe that Flare airdrop information has brought a lot of attention to induce the XRP demand.
But on the other side, we should consider that we are also in the middle of the "Bullish Market" trend. In which are most of the top-ranking altcoins are gaining price momentum. so I think that was also one of the reasons why the XRP price is rising at this level.

Some positive trend's are going on ripple coin and experts predict the price may boom in upcoming days, as far as I know entire Alts are still dependent on BTC. Few say after the airdrop the price may go down until then we need to wait also sustaining in the higher price for long-time could be the key factor hope some interesting stuff is going to happen.

Is there any reason behind this pump? Im not sure about it

XRP has been growing good with reference to the growth happening with bitcoin. Over the past few days the entire cryptomarket is experiencing a down turn. This was stated as price correction of the market, and as predicted the market moves looked like a pure form of correction. Now once again the forward move of the market is taking place.

Now once again the value of XRP is gaining momentum. This is just simple and nothing to be exaggerated, because more altcoins with good volume are experiencing similar percentage of growth percentage same as XRP.

We have to realize that they have sold 33% of their shares to moneygram and getting out of that business, and not really accomplished what they wanted to accomplish from it neither. This is why I think it is highly important that we realize XRP is not what you think it is, Ripple makes sure that the customers they have (banks) use another blockchain as well, it is like a joke.

XRP is just a token for marketing for them and they can play with it however they want. All the xrp lovers can come together and tell me I am wrong but the facts will never lie, when one place lies to you and offers you something else there is no way that they could ever be a decent project to invest. If ripple was a new project that came out today, everyone would think they would be a scam, but this pre-mined self-controlled centralized coin is somehow third in ranks.

even the movements of xrp is really great few days ago, but i don't think if this coin will break its ATH before this year end buddy
the reason is not strong enough for me, even there will be an airdrop by hodling this coin

It's a good strategy deployed by Ripple developers to reward holders of the token with a new token. That was the case with Bitcoin few years ago and the strategy has also helped to raise the demand for Ripple. I hope the value of Ripple continues to increase as the bull run continues.

Yes, you are correct. I got the same news on different platforms. After a long time, Facebook plans to lunch Libra currency in 2021. But the exact lunch date will depend on the Swiss Financial Market Supervisory Authority when they receive approval for Libra as a payment service.

I don't think that XRP will break its ATH before the year ends because all this hype is about the spark airdrop. after the December 12 the price of XRP may become a surprise for the new ATH-believers.

It is really impressive and surprising to see Ripple (XRP) to rise up its price after a long time stuck up in a low price compared to where it was before. Many people specially the XRP holders have surely been happy because of the happening and the news about it surely have hyped up the feelings inside the holders who have patiently wait for it despite of the long dump that it have been through. Actually at this point of time we still cannot determine if we can see or expect that Ripple will break its ATH before this year 2020 ends which is surely the big hope of XRP holders to come. Let us just wait and see if the news about XRP will boost up its price even higher or remain constant or the other way around. Let us just see if it will be based on our perception of how it will end the year or the contradictory of it will come.

Currently, XRP has indeed experienced quite high price increases, but achieving an all time high price this year is not possible.
Since the current XRP price is still at $ 0.6, it is very far from reaching the all-time high of $ 3.84. Moreover, the XRP price
increase is due to an airdrop event, so after the events end there is a possibility that the price will fall. So if we want to make
profit from XRP, we have to buy XRP from now and sell it after the airdrop events end.

I agree with you. recently we may see the big price change of XRP that made it almost a 1$ but suddenly it dips, many people who FOMO and bought it in @4000 is still waiting for it 5o reach that price again, binance already made an announcement that they will support the fork but nothing happens, it only hypes the fork but it clearly says maybe for now, that it will not break its ATH last 2017, bitcoin already break its ath, maybe next month will be for xrp, but who knows right.

XRP did increase quite a lot compared to other altcoins, but it is true that now the altcoin season is up, not only all XRP are also rising, especially now that bitcoin is at its peak, which is $ 19500, and that also affects altcoins to go up too ... but the news of XRP's airdrop has become  strong impetus for XRP to go to the moon..we can make the best of this moment to look for profits.

Sparks airdrop makes a very big part for the huge hype and pump of ripple that gave this crypto a very optimistic possibility that it can reach a new all time high before the end of this year. Also, I have a very high confidence that it can reach at least a dollar before this year end because of the several enhancement and upgrade that attracts their future investors and partners.

It will never happen and we are very far from ATH. $3 looks a very difficult thing to be achieved by XRP and it needs more than 5x from the current price to achieve such rate. The recent growth that happened with ripple depends with bitcoin and that means bitcoin must grow more than 3 times before ripple can achieve its ATH again. I doub that when the snapshot of spark will be dumping the price of XRP again.

It is not a surprise since XRP is the third top cryptocurrency, it has been like bitcoin for years!

For now the news mentions the bull run, and it is close to 1 USD https://cointelegraph.com/news/xrp-price-now-eyeing-1-00-after-key-support-level-holds-btc-price-soars?utm_source=coinmarketcap&utm_medium=referral

If you intend to invest, don't do it too late ...

Yes, now we can only wait and monitor the development of Ripple in the market, but for those who have more capital, I think it would be even better if they wanted to buy it now and hold it until the 12th of this month, because I'm a little sure that Ripple will experience ATH. good this year.

Yea imo btc need to be stabilize first so ALT can show off their true power. nowadays, ALT up mostly because of bitcoin price and some fomo

Impossible for me because the prices do not go straight line so I do not expect that the XRP can beat the its current ATH in this current year. There is possibility that it can beat the ATH but it will take a lot of time maybe 1-3 years from now, the XRP is ranging at $0.6-$0.7 and its current ATH is so far wherein it is above $3. I only expect that the XRP can break its multiyear high and not its ATH.

Make sure that your expectation should be attainable because if not then it can cause you to be hype wherein it can affect your trading performance. XRP is good but make sure that you really understand the chart before you trade it.

Ripple still did not able to break the record of their ATH at the year 2017 where they are reaching to 4$ per xrp. That was really good compared to the current market price. This is the problem because many are still did not able to recover their losses and still holding the funds. This is the problem with this coin and I think many are still losing their money compared than earning profit. I think to those new who were investing XRP at the price of 0.25$ then I believe their investment were doubled already.

No doubt XRP will break the new ATH in the coming month and price increases due to flare network airdrop, and there is more news about the partnership with financial institutions with Ripple (XRP), and I hope in future XRP can reach at the price of $2 in 2021.

Do you know how to stabilize Bitcoin? if you know how you try to share it here so that everyone can try it, because what I know is very difficult to control the market let alone control prices like Bitcoin.

I am a huge fan of XRP, actually I offer design services in exchange of XRP. The bounty where I am belong also pay via XRP. This is the 3rd most promising coin after Bitcoin and Ethereum. Remember XRP is still below 1usd just try to imagine if you have a huge amount of this coin before it reach $100usd!

A supporter will always be a supporter and there's no doubt on this one because XRP is a sleeping giant now it slowly going back to where it used to be. Well, the hype might be here in the market especially on XRP, I can't deny its success over the past months and the fruit of that is now working. If I do have funds, I also make sure to have XRP on my wallet its one of the top options and a dollar prices is very near.

Well said. I absolutely agree with you that it is highly unlikely that XRP will break its ATH record by  the year end. The reason of recent surge in XRP price was triggered by news of FLARE  token reward for all XRP holders and all major Exchanges' including Binance are supporting this airdrop. I am afraid scenario when people will start dumping XRP tokens after having received FLARE tokens. This might bring down XRP price sharply.

I think that will be the scenario here. After the snapshot, a lot of these XRP holders will sell their coins.
So after Dec 12, expect that there will be sudden change in XRP's price.
However, how do you know that they got the snapshot of your wallet?
I'm interested also as I'm holding some XRPs in one of the supported exchanges.
Are you gonna receive some notification that you are included in the snapshot or just hope that the exchange will automatically include you in the list?

In relation to marketing, this can add and increase the publicity to the great mass generating the possibility of entering a great volume. We know that this has been happening and that a large part of this volume is stimulated by the institutions, but on the other hand, perhaps with a big drop, people who are investing their money tend to be discouraged.

It's a double-edged sword for this end of the year.

Very well said. The airdrop of Spark token has attracted new money in XRP which is evident from its trading volume and increasing price. Ripple has launched new product "LINE OF CREDIT" that allows customers to use ON-Demand Liquidity to provide capital as per the needs of the customers to initiate cross border at scale using Ripple. When we combine all these positive development in XRP, we can optimistically assume that XRP may hit $1 before the year ends.

and it is possible that this price drop will continue after the snapshot which will happen in Dec 12. I actually thinking that banker will secured their profit before the day of snapshot came which is today or tomorrow, too much hype for ripple which is not good because there are many novices who can get stuck in the trade when they started to selling it. And I don't think the burning can help thenm to stop selling .

XRP is likely to be $1. There will be many xrp stakeholders for xrp airdrop. Xrp has pumped well in the last 15 days. I bought $230 xrp. Which has already given me a good profit. I did not buy for xrp stake. I will sell the airdrop token before it is distributed.

According to the crypto market these days, i don't think XRP can break its ATH before the year ends. I'm probably a little bit more conservative, i would be happy if XRP broke $1 before the end of the year.

I dont see how can this flare token airdrop afect the XRP price and pump it past the ATH

I would sooo love for XRP to do it's ATH, maybe even go to $5.
I'd be cha-ching-ing day and night.
But sadly i'm not that lucky, so we'll see

I don't see how Ripple sustain its current price after the Airdrops. If I were you I would rather start shorting it, to hedge my loss or sell my tokens on Dec 11, I have seen this happens in the space several time, buy the rumour and sell the news

Well said. Appreciate your feelings and excitement about XRP. I would also love to see its price sky rocketing before the year ends.  No doubt that XRP is one of the best network and its client base is growing with every coming day. I would also love to see its price sky rocketing but realistically speaking, it is not going to happen in the near future. For the time being let's wait for the airdrop scheduled for 12th December, 2020. All XRP Holders will receive an equal amount of SPARK tokens and all major Exchanges including Binance and Coin base are supporting this airdrop. What remains to be seen is the "Post Airdrop Situation" . We might see correction in XRP price in coming days. Crypto Market is extremely unpredictable, You never know what tomorrow brings for you.


https://www.binance.com/en/support/announcement/78c11feba44d443998cf7a5329539e91

Please refer to below link to know detailed information about snapshot. I agree with you that there will be correction in XRP price after the snapshot but I am quite sure the price of XRP will not crash. I am long term investor and will sell it when it breaks ATH. I believe it will happen when BTC will stabilize around 20K and BTC domination comes down to below 60%. We are in crypto Business and it always comes with surprises. You never know what tomorrow brings for you.


https://www.binance.com/en/support/announcement/78c11feba44d443998cf7a5329539e91

Even though the increase occurred, in fact the price is still far below the previous ATH but yes, that is not the reason for XRP not being able to penetrate its new ATH in the future. With a new token from a new project being developed, of course, whether there is this or not, I personally really believe that XRP can keep up with the development of the existing market competition, so that to hit its new ATH in the future it will happen and we just need to be patient because even me Personally, I still hodl XRP because I believe the price will be a bull run.

Well said. Price is still far from ATH and it will take time before it will break ATH record. When it happens that remains to be seen. It is also worth mentioning here that early adapters of crypto currency were met with a lot of scepticism back at the start. Those who held their ground would have seen their investments multiplied many times. XRP will certainly outperform once Alts market comes in Bull Run.  

It's not that everyone is ready to accept the consequences if something unwanted happens, that is what is called the risk that must be taken because every individual has full control over his money.

I doubt XRP won't crash, right now the price is struggling to hold on to 0.5$. maybe soon the trend will reverse, because the passion to hold XRP is gone. after the snapshot people will definitely sell it. they must be scared, because in their mind XRP will fall again. so better sell it. and because many think that way the downtrend will come true. and about bitcoin dominance, I don't think it's going down any time soon. because when bitcoin started correcting, altcoins did not go in the opposite direction. altcoins are still on the decline. So this is also XRP's chance to survive the current price is very small, better try to think a little realistic.

Ripple is starting to show the bearish signal before the snapshot. That means the price of ripple can go down even deeper than the current rate. Every holders should have prepared their ripple before the whales will try to short the market. You will bee seeing the panic sell that happened with the ripple holders too.
It will come as soon as possible. I can't be patience for that. The news is coming for ripple.  :D

I am closely following the XRP price in the market and I thought the price will rise just before the snapshot, but nope. It starts to go down. Now, those XRP holders that participated in the airdrop are now in the verge of selling their portfolio, so expect the price to go down further. If the XRP team will not give another positive news, the price may continue falling down again.

It was obvious that price will fall after the snapshot but fortunately it didn't crash and trying to hold around 0.50 against usdt. Any good news can again trigger new buying in XRP. I am long term Investor of XRP and don't get upset with day to day price fluctuations. I trust Future of XRP is great.

 

XRP price has dropped  more than 63%, as low as $ 0.021 since SEC announced against Ripple. It  looks like it will continue falling further because rumours of its delisting from many Top Exchanges including Coinbase. Social Media data suggests that sentiment about XRP is declining. The topics most prominently being discussed are SEC has charged the company with selling securities. If Coinbase decides to delist XRP then  selling pressure will further increase then nobody knows where it will bottom out.