XRP price leaps nearly 20%, leaves investors confused

[bigdude]

xrp is the reason for start of bulls. crypto is centered on xrp right now
swell meeting on oct 3

[johnwest]

Well, it may come down faster than that, we are seeing good support for XRP in the market but its hard to get pumped like a normal coin because of its huge market cap. If the BTC market starts uptrend then we may see more green bars to all of the top cryptos.

[enhu]

Price may come down faster than it spike but it will go up over and over because of the finance institution going to buy XRP for its usage. It will just matter now of whether you want to ride this train or not but this will seriously give a good profit for those who will keep betting on XRP. The speculation of it going more than a hundred may not really happen this year but its going to keep going up.

[ImpaT]

Now it looks like the price will be dumped back to 30-35 cents. And then again pump. One of the manipulative coin ever...

[sinkfish]

shouldnt this be great. jump start the market to bull.

[ruthbabe]

At around 02:59:50 AM today, Ripple price is down by 5.54% where its price is $0.493915, but now Ripple tend to spike up again as it's up by 24.61% at the time of writing, and now its price is $0.562724 according to CoinMarketCap.

Well, I think it's not surprising as the world’s 3rd largest cryptocurrency has already made 75% surge sometime on September 21 and I think it will keep on gaining new heights, so don't be surprised.

[shanem]

XRP has gone up by more than 20% today, overtaking ETH in market cap. Hopefully with this rise, new money will go into the alts market and it will be the start of the bull market. I am sick of seeing alts and bitcoin going down day by day for the past few months.

[yla1974]

XRP has gone up by more than 20% today, overtaking ETH in market cap. Hopefully with this rise, new money will go into the alts market and it will be the start of the bull market. I am sick of seeing alts and bitcoin going down day by day for the past few months.

If I understand the situation correctly. Owners haves, so many coins that they need to put in good hands for HOLD. To do this, thay needed to raise the price even higher. Be careful, do not stay with the coins in your hands when the music stops playing.

[MasNizzer]

Now it looks like the price will be dumped back to 30-35 cents. And then again pump. One of the manipulative coin ever...

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

[Crypdon]

Bull runs used to be sparked by a pump in bitcoin prices but it proves that the altcoin market can be equally important. If the ripple pump is the trigger for the next bull run then no need to dump alts, everything will go green again

[coyote50]

i made some good trades on the pumps. waiting for a better entry now. we'll see

[icalical]

Yeah that quite surprising but I do not think it makes investor confused, in fact most of my college has predicted the XRP price jump in this October since the market cap of XRP just make significant increase in the Q2 of 2018. After all this can be a fresh air in the middle of this endless red market on crypto.

[ichai]

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 think this happens to be normal. All the top 10 altcoins have sharks behind them to protect them. Because the XRP's prices are so low, they need to reboot and their prices are going up. This is a pumping and dump market

[sample6]

Don't think too much about XPR, just think about the coin problem because the purpose of XPR is the same coin ...

[kaena555]

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

The fact is that they say that the ripple left one of the founders and the holder of more coins, which entailed such a recession. But the news of the launch of the new platform has lifted it up again, as long as the ripple is seen as the most promising coin among all.

[Vit83]

For me, all pump higher than 0.5 USD was looking like they killed all the people who took shorts. I took short on 0.64 and after that saw how they start to liquidate shorts very fast, and this moved price higher and higher.

[Cnut237]

I don't think we can relate the XRP price move to any recent news. In the past there has been lots of good news about XRP and Ripple, but the price remained unchanged - I'm thinking about about most of 2017 here. And then there was that mega-rise to a couple of dollars, which was fuelled by the South Korean market getting overheated rather than by specific XRP news.
I do think it is a good coin, and one of the most likely routes to mainstream crypto adoption... but price moves don't seem to be related to news in general for XRP.

[hanlap]

Ripple partners and good relationships should increase Ripple prices. But remember that all electronic prices are based on expectations. All prices are good for today but tomorrow it can be 100 times or less than 100 times.

[Vit83]

Ripple partners and good relationships should increase Ripple prices. But remember that all electronic prices are based on expectations. All prices are good for today but tomorrow it can be 100 times or less than 100 times.

IMHO main problem of XRP is that it is utility token and you won't get any profits from sales of new tech to the banks. IMHO banks will be using private blockchains based on XRP tech, but there is no need to buy xrp to them. But yes it's quite a good coin for speculation and on new you can make great profit if you will patient enough.

[Royal Jelly]

XRP indeed made investors surprised and shocked by its breakthrough.
The team is good enough for this, and of course the XRP holder is happy to make a profit.