XRP price leaps nearly 20%, leaves investors confused

[kevoh]

We shouldn't talk about XRP in here...put it in the altcoin room or something.

hey man this is altcoin speculation, i think op have right to write about xrp here, something wrong with that?

This wasn't originally in the altcoin speculation room it was in the "Press" section which should be about Bitcoin. You're only seeing it here now because it was moved into this room.

I was about to type the same thing...

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward

Something fishy is definitely going on here and I suspect most likely XRP being pumped. I would not be confused though if I am hodling XRP as it will be a perfect opportunity to sell off for profit and wait for the price to fall before I buy back.

[1714656566]

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[1714656566]

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[vy99]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward

Something fishy is definitely going on here and I suspect most likely XRP being pumped. I would not be confused though if I am hodling XRP as it will be a perfect opportunity to sell off for profit and wait for the price to fall before I buy back.

The problem is that if it is being artificially pumped (and I believe it is) then a crash will happen suddenly and seriously. It's probably better to cash out a bit early, before it reaches the top, than hold on for a few days too long and see it evaporate.

[Coinredd]

once again, this is a great opportunity, so we have to rely on the kind of evidence we are investing in.

[cryptocrusher]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward

Something fishy is definitely going on here and I suspect most likely XRP being pumped. I would not be confused though if I am hodling XRP as it will be a perfect opportunity to sell off for profit and wait for the price to fall before I buy back.

The problem is that if it is being artificially pumped (and I believe it is) then a crash will happen suddenly and seriously. It's probably better to cash out a bit early, before it reaches the top, than hold on for a few days too long and see it evaporate.

It's always best to do that because a top is so hard to call. This really reminds me of mid 2017 when XRP would have random pump and dumps between the 20-30 cents bracket. I suspect the same is happening now.

[sergey_vass]

I heard that this coin added YouTube as a form of payment, in the good times for the stock market growth would have been much more

[beerlover]

It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.

It is centralized, and this could have just been a manipulated pump for all I care, just saying! Sure, the volume really looks enticing and for me, I really do not consider XRP as a long term market to be in, but some market I would rather just do some short term trade and as long as it sings profit, no shit.

Investors rather than being confused though, should just be having a swell time accruing the profits as long as they know what they are doing. I wonder why some people believe so much in XRP to be investing long term, but all men surely knows what makes them tickle. People who follows only marketcap for choosing their investment opportunities, definitely will go for XRP as I do see there could be any other valid reasons for choosing XRP.

[esetop01tryba]

Now you need to be very careful and weigh the risk of losing money there and you are going to invest in Ripple as it is pure speculation that began because of the news background !

[carlisle1]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at：https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused

Well that 20% become almost 70% as Ripple’s market cap break the second spot as ethereum been dethroned by this one

I hate saying this but i am frustrated because of not having even a single XRP on my folios damn decisions.i hated this coin once as the banks manipulated this centralized coins

[DevelopmentBank]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at：https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused

And almost as if on cue. The price of XRP again drops more than 20%.

I guess you really can't expect much of the market right now with all the speculation surrounding the manipulation behind crypto. It's like they say, the "wild west," where in one day you can easily double your money and at the next day lose it all.

[yountt2]

Xrp can be manipulated easily  because it is centralized and guys with stash with funds could  make ripple rise while they suck in money from FOMO.  I will wait a little bit to see if there is any technical support for the Xrp price rise!

[rickadone]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at：https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused

I really do not see any reason why investors should be confused. XRP even though I have always have my skepticism about it as a result of its centralized nature, totally makes it susceptible to price pumps and dumps as well as it being controlled. Nevertheless, we got some news regarding the Xrapid program recently and some partnership of some sort which I am sure could have actually been one of the reasons why the volume and spike came about. Well, as long as it leads to profit, there is certainly nothing to be confused about here.

[aggress0r]

Ripple couple days ago took over Ethereum in market capitalization. But I still have little confidence in XRP due to it's centralization. I have never obtained XRP and still have no desire to stack it. 

[inmean]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at：https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused

That's great for those who already hold the XRP before, many are speculating for the XRP that it will raise the price to $ 1-2. But all is predictable, no one knows what will happen. It will rise or fall down, all just waiting.

[whyrqa-1]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at：https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused

That's great for those who already hold the XRP before, many are speculating for the XRP that it will raise the price to $ 1-2. But all is predictable, no one knows what will happen. It will rise or fall down, all just waiting.

The fact is that I have repeatedly met information that certain circles of users of crypto-currencies, as well as the mobile mobile banking system, have an artificial effect on the pricing of this coin. Proceeding from this, it is necessary to draw certain conclusions.

[Tomox]

Because there are several factors that influence it, the technology is very powerful that can process up to 1,500 transactions per second, different from bitcoin, which is currently constrained by scalability problems. the whole world is very active in working with Ripple companies in mid-2017 yesterday talking about implementing the technology and their payment infrastructure makes it very easy to be trusted by other banks

[bbc.reporter]

Before all of you Ripple buyers become very excited, you should read the news and see what occurred this week. XRP was pumped to hide the truth, I reckon. That truth is one of its original founders, Jed McCaleb has been selling more than the agreed amount from his billions held in XRP.

Maybe the better investment would be Stellar hehehe.

https://www.wsj.com/articles/ripple-co-founders-token-selloff-accelerates-1537788600

https://bitcoinist.com/ripple-mccaleb-xrp-sell-off-hot-air/

I am joking. I am not a Stellar holder, but an Aeon bagholder.

[ruthbabe]

for me it is not surprising, because all of this is a pump and this increase will be temporary, see later the price will go down again. partnership with banks is always done ripple and maybe this is what triggers the increase in prices.

You're right that spike is just temporary, as Ripple price is down by 5.54% and its price is $0.493915 at the time of writing. Well, we can't blame banks for embracing Ripple cryptocurrency technology, they rapidly adopting it due to its speed. Using XRP, banks can provide their clients with liquidity. This can be done in real time and on demand! It also eliminates the need for any pre-funding. It is also being rapidly adopted by several payment providers. They are using XRP in order to reach new markets. With XRP, they are able to reduce the time required for payment settlement and lower the foreign exchange costs. Source: https://coinswitch.co

[Hartmas]

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at：https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused

And then fall by 15%, and now again we raise by 10%. I am tormented by vague doubts, and not whether it is a pump, even though this coin is centralized. In general, as I can already say, ripple is a trap for investors.

[xenomorphe1]

It was a big pump and some dump scheme. After such big pump, you should always expect a dump.

[Coinseeker22]

Looks like another spike is loaded to happen this week. Speculation has it that today we should see a set back in value and it should fire uo by tomorrow, and should shoot up all the way by Saturday. If I remember correctly almost every the same pattern happened last week.