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Author Topic: Ripple: BULL trap for Christmas?  (Read 287 times)
Jating
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January 08, 2019, 08:48:58 AM
 #21

I think by now we should have arrived to the conclusion that it was a bull trap. I mean the pattern has been happening to a lot of coins not just XRP though, to be fair.

And the worst thing happened to them, as Ethereum has overtaken them and regain the second spot because of the news about it's fork (Constantinople).

But nevertheless, XRP at 3rd spot is nothing to be ashamed of. Many hated it being the "bankers coins", but if you are here to make profits then XRP is a good choice to invest right now. It could grow exponentially when the bull started to run this market again.

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upsidedown75
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January 08, 2019, 08:01:11 PM
 #22

Ripple has been one of the most consistent coins during this bear run. It has managed to gain the top 2 position multiple times from ethereum and that is really shocking. Considering ethereum has been doing PoS changes, ICO is done with them, blockchain used in companies, dapps made on them and many many more utilities, it is a wonder ripple could be so successful by just being the coin representing the blockchain of the Ripple company.

Coin is not even remotely relevant to the company but somehow it managed to become big itself for no reason at all, there was nothing new or nothing impressive to make the coin higher than just the followers and supporters showing their love for the coin itself. Crypto currencies all have value because we give it a value and XRP has shown people give it a good value.

Bull trap or not, this was just another way of people showing their love, maybe its not that great right now but it will always keep having great value apparently, thats why I think it wasn't just "bull trap" but it was more like "show of love" from the supporters.
Goodvalony
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January 08, 2019, 09:59:05 PM
 #23

True be told, the Market is Unpredictable for Now. i looks like if the signals are not true. Predicting has failed last year. it is to early to decide which direction the market will go. A close friend said we might go down as low as 1500usd for bitcoin. since last year april, it has been a downtrend. Bitcoin and tokens has strive to survived. we are yet to see the true market effect this year.
Tnt1971
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January 08, 2019, 10:26:14 PM
 #24

Graphical presentation show that the bearish market in ripple compared to another year. But why it necessary, I have some ripple which I bought when prices are in high but my wife medical treatment I sold my ripple at cheap rates.

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Matcuda
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January 09, 2019, 07:44:54 AM
 #25

Well, in principle, the predictions came true that the ripple would not linger long in second place. But this jump increased his supporters and showed all the possibilities of growth and development of the ripple.

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