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Author Topic: Trading Legend saying XRP Price Could Soon Drop to $0.20!  (Read 198 times)
Tduty (OP)
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February 21, 2020, 12:28:59 PM
 #1

XRP is not doing according to the recent market growth where XRP needs a high boost up. One of the trading legends Peter Brandt saying XRP price can go down to 0.20$ anytime, which is not good news for the XRP holder. What do you think about XRP now? Why the price is not growing well?

News: https://u.today/xrp-price-could-soon-drop-to-020-says-trading-legend-peter-brandt?amp=1

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February 21, 2020, 01:57:03 PM
 #2

XRP is a centralized coin, of course the price can be controlled by the developer. I think that makes the price of XRP not grow

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February 21, 2020, 02:50:40 PM
 #3

XRP is not doing according to the recent market growth where XRP needs a high boost up. One of the trading legends Peter Brandt saying XRP price can go down to 0.20$ anytime, which is not good news for the XRP holder. What do you think about XRP now? Why the price is not growing well?

News: https://u.today/xrp-price-could-soon-drop-to-020-says-trading-legend-peter-brandt?amp=1

I never believed on it but it is grossly hyped.  It did hit close to $3 at one time so many believe  on it (deceived by market manipulation as I see it).

In the end, a crypto performance is based on support...so good or bad (sadly) a coin can flourish or crash regardless of the true coin potential.
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February 21, 2020, 04:07:20 PM
 #4

XRP is not so strong altcoin right now the guy in the article said the correct thing about ripple. Ripple is very weak to hold the bullish position to continue the trend. Remember what he was saying is about the technical analysis.
I just try to remind you about the fundamental of ripple can support that dump to happen especially when we are talking about the pre mined coin that owned by the company.
This pre mined coin can support the dump to be more even bigger. 20 cents looks possible to be achieved.

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February 21, 2020, 06:46:28 PM
 #5

Yes, XRP is really struggling these days. XRP traders might be in further losses if it performs in the same way, the price is continuously dropping which is really not good at all. even though XRP faced some corrections along it's growth there so no any specific change in market, also a lot of analyst Suggest XRP could sink more. Let's pray XRP should make a comeback again with some positive trends.

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February 21, 2020, 08:05:04 PM
 #6

XRP is not doing according to the recent market growth where XRP needs a high boost up. One of the trading legends Peter Brandt saying XRP price can go down to 0.20$ anytime, which is not good news for the XRP holder. What do you think about XRP now? Why the price is not growing well?

News: https://u.today/xrp-price-could-soon-drop-to-020-says-trading-legend-peter-brandt?amp=1

Most probably why we are seeing right now with xrp was only a optimum price which is capable only for actual resistance, it's not yet building up a pumping behavior. However, the good potential is already there and we only need to wait for more months before we experience greater changes to show more amazing progress

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February 21, 2020, 09:17:25 PM
 #7

Look at the picture as if XRP isn't the only coin that struggles this uplifting season. I have never invest to XRP but I saw that it's not doing good for the past several months. Bitcoin moved accordingly and the other altcoins but XRP didn't.

Acceptance of the market's volatility can lead everybody to think that anything is possible to happen. So, if this coin will reach back $0.2 or not, it's because of the nature of the market.

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February 21, 2020, 10:03:26 PM
 #8

yeap,it can happen with XRP.XRP is controlled by developer and its a centralized coin.Actually I don't love to trade with XRP.maximum time XRP follow the btc.XRP looks like Tether.I know there is difference between XRP and Tether.but XRP movements looks like the same.I am not wonder that XRP can go down to 0.20$
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February 22, 2020, 01:15:29 AM
 #9

I do not believe it because it is only a prediction and currently the opportunity for XRP can reach $ 0.3 is still open. even though he's a trading legend, but we can't believe in his predictions. many people say XRP is not a strong coin but for me this coin has the potential to rise on this year.
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February 22, 2020, 02:43:12 AM
 #10

It could really drop down to $0.20 anytime soon since the post is creating a FUD.
The current price is already at $0.27 and if the holders started to panic sell I guess we could say that it would be below $0.2 soon.
But there is no need to panic even those TA's and trading legends could go wrong so just relax and make your own decision.

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February 22, 2020, 04:00:50 AM
 #11

It could really drop down to $0.20 anytime soon since the post is creating a FUD.
The current price is already at $0.27 and if the holders started to panic sell I guess we could say that it would be below $0.2 soon.
But there is no need to panic even those TA's and trading legends could go wrong so just relax and make your own decision.

If there is FUD news like this about XRP then there will be some investors who panic because they will believe the FUD news even though it does not necessarily happen with the decline to $ 0.2, but I think XRP has a high push so it will not easily go down drastically.
I do not believe that prediction because in my opinion XRP has a good analysis after I observed.

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February 22, 2020, 04:09:40 AM
 #12

XRP Holder is worried if they are investors with short-term targets. XRP is almost traded in all exchanges with high enough trading volume, although eventually the price will go down, it will definitely go back up just how long the price will change to the up trend, it must be analyzed again.

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February 22, 2020, 05:46:56 AM
 #13

Anything can happen in the crypto market anytime, but technically XRP Currently growing up, The price correction happen any market XRP going in correction too, but strong levels are 0.25$, 0.23$. I think the price to rise again from these levels if BTC doesn't excise from here.
(Chart from trading view)
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February 22, 2020, 06:56:11 AM
 #14

the price of XRP is also very close to the current price of $ 0.2, so I think that's a natural thing. when the price of bitcoin, or crypto, goes down again, I think the potential price of XRP to reach $ 0.2 is huge. however, many people say that the potential of XRP is also quite large, only when looking at price developments that occur in 2019, I am not very sure about XRP.
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February 22, 2020, 10:07:22 AM
 #15

XRP is a centralized coin, of course the price can be controlled by the developer. I think that makes the price of XRP not grow
Thank you for this correction you have made. Many xrp holders think it is centralized! The founder dump over 1,000,000,000 sometime last year and at that I will say we should know that the owners are out for business. It might really go down to the rate of 0.20dollar base on it current reactions to the latest bullish momentum in cryptocurrencies market.
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February 22, 2020, 10:21:25 AM
 #16

XRP is not doing according to the recent market growth where XRP needs a high boost up. One of the trading legends Peter Brandt saying XRP price can go down to 0.20$ anytime, which is not good news for the XRP holder. What do you think about XRP now? Why the price is not growing well?

News: https://u.today/xrp-price-could-soon-drop-to-020-says-trading-legend-peter-brandt?amp=1

Never heard of Peter Brandt,,, sorry to say, but I never care if it is him or Tom Lee or whatever trader is out there, all these guys say these things to try and manipulate the market, or to earn some money for shilling something else.

I have XRP but purely to speculate, if it goes to 20 cents I will probably never buy anymore but if it goes even lower I might even add more. But I know I might lose it all.

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.....I AM BLACKJACK.FUN.....
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patz22
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February 22, 2020, 03:18:28 PM
 #17

Any people can predict any price but in this case, he may be a trading legend or a crypto personality but for me, even though I am not supporting XRP which is not good in cryptospace, AGAIN ONLY FOR ME, only newbies will fear this kind of prediction and sell their holdings but if you are a supporter whatever the coin is there should be no problem if the developers will do their part.
Javi_Anibarro
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February 22, 2020, 05:19:22 PM
 #18

If I were you I would not waste my time considering everything that Peter said because he is quite hostile to cryptocurrency since the beginning he knew it. I remembered when he said Bitcoin potentially go down to $1000 when Bitcoin got dumped in early 2018 and made another comment again after a long period of the bear market.
You can try to check his history tweet talking about Bitcoin and altcoins on his twitter account: https://twitter.com/PeterLBrandt
He might be good at reading conventional assets, but cryptocurrency? nobody knows what will happen.
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