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mich
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December 15, 2019, 02:56:46 PM |
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XRP Price Ready to See Strong Move; What Are Analysts Thinking? While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and tighter price action.https://www.newsbtc.com/2019/12/15/xrp-price-strong-move-analysts-thinking/
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adaseb
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Activity: 4046
Merit: 1762
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December 17, 2019, 03:46:52 AM |
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Again got stopped out of Ripple just now. Basically pretty much almost bought the bottom back in August 2019 and scaled out some of it but my larger order at 0.00004000 never hit and basically got the rest out at a very small profit. Took probably half a dozen of these trades this year and none of the longs worked out. Basically should of just shorted at 10K stats like everybody did back in late 2018.
Looking at the XRPUSD its even worse, so bad I had to load up a Poloniex chart and it looks like Dec 4th 2017 was the last time it was this low. Right before the crazy pump which went from $0.20 to $3.60.
So its technically support but you need to be very patient with XRP and I will just move on to other alts.
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Angrydwarfs
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Activity: 122
Merit: 0
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December 17, 2019, 08:00:17 AM |
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Again got stopped out of Ripple just now. Basically pretty much almost bought the bottom back in August 2019 and scaled out some of it but my larger order at 0.00004000 never hit and basically got the rest out at a very small profit. Took probably half a dozen of these trades this year and none of the longs worked out. Basically should of just shorted at 10K stats like everybody did back in late 2018.
Looking at the XRPUSD its even worse, so bad I had to load up a Poloniex chart and it looks like Dec 4th 2017 was the last time it was this low. Right before the crazy pump which went from $0.20 to $3.60.
So its technically support but you need to be very patient with XRP and I will just move on to other alts.
It's real accumulation zone is one cent , crypto traders spotted that range. Overvalued project with little hope of usage.
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ðºÞæ
Sr. Member
  
Offline
Activity: 1176
Merit: 297
Bitcoin © Maximalist
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December 17, 2019, 08:09:23 AM |
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Again got stopped out of Ripple just now. Basically pretty much almost bought the bottom back in August 2019 and scaled out some of it but my larger order at 0.00004000 never hit and basically got the rest out at a very small profit. Took probably half a dozen of these trades this year and none of the longs worked out. Basically should of just shorted at 10K stats like everybody did back in late 2018.
Looking at the XRPUSD its even worse, so bad I had to load up a Poloniex chart and it looks like Dec 4th 2017 was the last time it was this low. Right before the crazy pump which went from $0.20 to $3.60.
So its technically support but you need to be very patient with XRP and I will just move on to other alts.
It's real accumulation zone is one cent , crypto traders spotted that range. Overvalued project with little hope of usage. It only ever had on usage, transferring money from XRP gamblers pockets to Ripple investors.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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Branko
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December 17, 2019, 09:02:00 AM |
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Again got stopped out of Ripple just now. Basically pretty much almost bought the bottom back in August 2019 and scaled out some of it but my larger order at 0.00004000 never hit and basically got the rest out at a very small profit. Took probably half a dozen of these trades this year and none of the longs worked out. Basically should of just shorted at 10K stats like everybody did back in late 2018.
Looking at the XRPUSD its even worse, so bad I had to load up a Poloniex chart and it looks like Dec 4th 2017 was the last time it was this low. Right before the crazy pump which went from $0.20 to $3.60.
So its technically support but you need to be very patient with XRP and I will just move on to other alts.
It's real accumulation zone is one cent , crypto traders spotted that range. Overvalued project with little hope of usage. It only ever had on usage, transferring money from XRP gamblers pockets to Ripple investors. Its funny to hear that coming from someone promoting BSV scam
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ðºÞæ
Sr. Member
  
Offline
Activity: 1176
Merit: 297
Bitcoin © Maximalist
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December 17, 2019, 10:03:49 AM |
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Again got stopped out of Ripple just now. Basically pretty much almost bought the bottom back in August 2019 and scaled out some of it but my larger order at 0.00004000 never hit and basically got the rest out at a very small profit. Took probably half a dozen of these trades this year and none of the longs worked out. Basically should of just shorted at 10K stats like everybody did back in late 2018.
Looking at the XRPUSD its even worse, so bad I had to load up a Poloniex chart and it looks like Dec 4th 2017 was the last time it was this low. Right before the crazy pump which went from $0.20 to $3.60.
So its technically support but you need to be very patient with XRP and I will just move on to other alts.
It's real accumulation zone is one cent , crypto traders spotted that range. Overvalued project with little hope of usage. It only ever had on usage, transferring money from XRP gamblers pockets to Ripple investors. Its funny to hear that coming from someone promoting BSV scam I see sending storing sharing.... of (scientific) data or (micro) payments, immutably is a scam in el Blanco world.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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Branko
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December 17, 2019, 11:13:21 AM |
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I see sending storing sharing.... of (scientific) data or (micro) payments, immutably is a scam in el Blanco world.
BTC already did all that (and many other cryptos as well), scammy part is creating few billion USD out of thin air by "forking"
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ðºÞæ
Sr. Member
  
Offline
Activity: 1176
Merit: 297
Bitcoin © Maximalist
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December 17, 2019, 11:57:56 AM |
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I see sending storing sharing.... of (scientific) data or (micro) payments, immutably is a scam in el Blanco world.
BTC already did all that (and many other cryptos as well), scammy part is creating few billion USD out of thin air by "forking" You just demonstrate what a clueless fool you are. Go show me the result of sending $0.01 cent to someone using BTC or massive amount of data. Besides the only one airdropped is BTC there is no mention in whitepaper about creating a lightning network altcoin (LNX) who has its own whitepaper.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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Sahyadri
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December 17, 2019, 01:43:05 PM |
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Xrp has lost almost 8% in today's crypto bloodbath. If you see the xrp price change since the year start, you will notice that price has almost gone half and it is at the level as it is before the great crypto rally of 2017-18. This isn't a really good sign as xrp has broken its support kne after the other. Now the critical support is of $0.18 which is pretty low for XRP.
I would not suggest anyone to invest in XRP or add it to the portfolio. I am sensing more price depreciation in coming 2 weeks preceding new year.
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vsyc
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December 17, 2019, 08:33:11 PM |
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RIP XRP
Crash in action. Lower DCA. Never underestimate power of dumping over OTC. It does not matter if its in OTC they said.
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mich
Legendary
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Activity: 3654
Merit: 1037
#1 VIP Crypto Casino
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December 17, 2019, 08:54:45 PM |
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RIP XRP
All of the coins are dying its not just XRP Let us not count XRP out and hope for a bull run
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vsyc
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December 17, 2019, 09:52:40 PM |
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RIP XRP
All of the coins are dying its not just XRP Let us not count XRP out and hope for a bull run LOL. Other coins well above from their Lows, whereas XRP just failed to do proper run and created new lows through 2019.
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Branko
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December 17, 2019, 11:51:41 PM |
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RIP XRP
All of the coins are dying its not just XRP Let us not count XRP out and hope for a bull run LOL. Other coins well above from their Lows, whereas XRP just failed to do proper run and created new lows through 2019. Lower the lows, higher the highs
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bbc.reporter
Legendary
Online
Activity: 3640
Merit: 1597
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December 18, 2019, 02:09:14 AM |
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This dump on XRP is partly because of the immediate selling made by the companies where Ripple is giving XRP. Moneygram was one of them. What are the other financial services is Ripple giving XRP to? MoneyGram CEO Alex Holmes reveals that his company instantly sells all XRP its receives due to regulatory issues.
When asked whether he holds any XRP, Holmes said he personally didn't own any. The same pertains to Money Gram -- the company sells its tokens as soon as it receives it.
"Any XRP that we receive we tend to sell about as real-time as possible" Holmes explains that MoneyGram cannot hold any crypto due to regulatory roadblocks.
"We do not hold any crypto assets for any period of time on our books."Read in full https://u.today/ripples-partner-moneygram-doesnt-hold-any-xrp
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adaseb
Legendary
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December 18, 2019, 04:07:03 AM |
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And it hit a new low again today and I am glad I didn't buy it yesterday at the $0.19 area thinking its the bottom. The best play for something like XRP is just to catch it on the pumps and either chase it or buy the pullbacks. Because who knows how low it will go, people right now are probably wanting to buy in the $0.15 area, and then what if it goes to $0.12 area? Most likely people will say $0.10 is the bottom and it will either be the bottom or might go even further down to single digits.
I rather not hold this alt long term, sure it might go to $0.50 one day in the future but I rather just buy it at $0.05 then have to hold it for 2 years just to get break-even. I think from now on, I will most likely look for shorts on XRP until there is some trend change.
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Questat
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December 18, 2019, 04:11:22 AM |
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And it hit a new low again today and I am glad I didn't buy it yesterday at the $0.19 area thinking its the bottom.
you are referring this year's low, right? The best play for something like XRP is just to catch it on the pumps and either chase it or buy the pullbacks. Because who knows how low it will go, people right now are probably wanting to buy in the $0.15 area, and then what if it goes to $0.12 area? Most likely people will say $0.10 is the bottom and it will either be the bottom or might go even further down to single digits.
I rather not hold this alt long term, sure it might go to $0.50 one day in the future but I rather just buy it at $0.05 then have to hold it for 2 years just to get break-even. I think from now on, I will most likely look for shorts on XRP until there is some trend change.
remember that XRP were one of the altcoins which was so profitable last 2017, so holding is not a bad idea, it just need a right timing to accumulate. It reached 4 usd last bull run, at the current price, this is more than cheap and good for people who like to hold for long term, as this coin is legit, holding should not be a bad idea.
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slaman29
Legendary
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December 18, 2019, 07:45:23 AM |
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Its funny to hear that coming from someone promoting BSV scam
Actually, it's not really funny. After everything we've seen in the past 2 years with the Bitcoin clones and the incredible lies they build and actually believe? It's expected. I've come to see and expect the worst from the types who follow CW, Ver, etc. I'd actually be really surprised to hear them start making sense. Best leave them be.
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