XRP Price Analysis: XRP to Hit A “Diamond Bottom”

[Oceat]

The price is still low but slowly increasing in the market as of today. Last night I notice its price movement when it was at $0.28 and when I checked again, it's up to $0.29 and as of this moment, the price is $0.3, either way, I really want to see its price increasing everyday cause I'm also holding some amount of XRP in my wallet. I also notice that the price of ETH and the other altcoins are increasing as well couldn't it be another preparation of another Atlcoins bullish?

Never trust Ripple as I have made similar mistake and you can buy it only when it starts to increase and then dump it when it reaches peak because all the other altcoins have shown slight price increase compared to Ripple which is still lagging behind. We have already missed the golden days to invest into ETH as well as BTC, Ripple has always been trailing behind except once when it reached second ranking.

What else would you expect to a stable coin? But the chances of gaining a profit is too small, only when there is a bull run that would drastically grow every altcoins in the field of cryptocurrency. Ripple is not that having too much fan since most of the banks are using Ripple. Ethereum as you say is way better to consider as an investment if you compared the Ripple by itself.

[BitHodler]

Ethereum as you say is way better to consider as an investment if you compared the Ripple by itself.

I agree, especially with how Ethereum is transitioning to POS which will allow people to generate passive income, which isn't something you can do with XRP, neither do I believe that XRP will be adopted by financial institutions.

Ethereum has much more liquidity too, which means that it's much easier to cash our or enter for large players, which can't really be said about XRP.... its market cap is very deceiving.

Another thing is that Ripple the company has been selling a lot of its XRP reserves, which as we can see didn't bode well for the price.... they singlehandedly made sure that it went lower and lower due to the constant selling pressure.