Ripple Price: A Continuous Fall from the Heights or Just a Slow Down?

[Vladdirescu87]

On January 7, Ripple’s price (XRP) reached $3.79 and a market cap of $146.7 billion, which is an all-time maximum level. However, now its price is falling dramatically.

Last month, Ripple’s native cryptocurrency managed to attract the attention of institutional investors, and began its significant rise. In the beginning of December 2017, the price of XRP was about $0.2 but then it started a triumphal price growth and managed to become the second largest cryptocurrency by market cap, leaving Ethereum behind for more than a week.

Yet, while Ripple helped its traders to earn impressively last month, it is now facing corrections. At the time of publication, the price of XRP is still falling. $2.14 per XRP, and its Market Cap slightly more than $82 billion USD.

Read the full article on Coinidol: https://coinidol.com/ripple-price-continuous-fall-from-heights-or-slow-down/

[BitcoinHodler]

it starts with a huge dump when the whales get the hell out of the coin and then followed by a recovery because there are still newbies thinking they got a good deal, then followed by a slow and agonizing drop down slowly losing value as time passes by until the next pumping phase starts and it gains back some part of what it lost and we will be back where we are now

[hollie1982]

I read some negative stories bout XRP. The sentiment in the market seems to be changing.
I am in Ripple since $0,23. It made me some good profits. But for now i'm considering to step out of this one.

[flinty69]

Why are people deliberately ignoring the fact that the entire altcoin market is down and focusing just on ripple?

[Bergluft]

On January 7, Ripple’s price (XRP) reached $3.79 and a market cap of $146.7 billion, which is an all-time maximum level. However, now its price is falling dramatically.

Last month, Ripple’s native cryptocurrency managed to attract the attention of institutional investors, and began its significant rise. In the beginning of December 2017, the price of XRP was about $0.2 but then it started a triumphal price growth and managed to become the second largest cryptocurrency by market cap, leaving Ethereum behind for more than a week.

Yet, while Ripple helped its traders to earn impressively last month, it is now facing corrections. At the time of publication, the price of XRP is still falling. $2.14 per XRP, and its Market Cap slightly more than $82 billion USD.

Read the full article on Coinidol: https://coinidol.com/ripple-price-continuous-fall-from-heights-or-slow-down/

I am not a huge XRP fan. But let's be fair here - this is just a much needed and healthy correction. At the moment almost the entire alt coin market is down after excessive bull run. Not just Ripple is correcting but the whole market.

Ripple and other coins which will have significant good news in the future will get back to ATH or higher as soon as these news drop. At this time those that dumped will feel sorry.

[Veseloff]

Such a feeling that we will sink to the very bottom, as it was in 2017 and see the price of a ripple in a couple of thousand satosh. 

[CrKosha]

Ripple gonna rip you off!

[profit-shooter]

We should starting adding to XRP positions at 0.00014800 or lower and expect it to doubt its value in BTC in the coming month