XRP: Time for bears?

[_Cryptobomb_]

If to look at XRP price momentum now, there is a net 6.5% loss in USD value and a 0.5% drop in BTC value. We will see how it will be evolving in next few hours, as as it still dropping, not the biggest drop expected though. Keep an eye on that.
It is equally important to know what is going on behind the scenes on media and consider the world crypto drop-off.

XRP/USD is trading at $0.354 right now, down 6.5% since the beginning of Thursday. There is some terms of support levels below the current price. The bears targeting $0.3250 area. The initial support was located on the approach to $0.3500 with 38.2% Fibo retracement monthly and Pivot Point Weekly Support 3 spotted around that area. We need a sustainable move to clear the way towards ultimate resistance at $0.04000, provided that we will manage to pass through an intermediate hurdle at $0.3750.

What are you guys doing now with your XRPs?

Trade with extreme caution and on your own risks.

[1714252500]

1714252500

[BADBITCH]

Am not sure why I can be worried about ripple
It totally is not worth it, why ?

Ripple has never had a significant rise in value( atleast have been in crypto currency for 8months ) and ripple has no price surge

Remember, good product and low value is not investors does

[andor.gellenhidi]

As sad as it is. But the bears are very entrenched in the market, it is annoying and we cannot do anything yet, because to change the situation, we need to use very large opportunities. We try to alter the situation as a whole.

[shadowduck]

I always thought that this coin is too risky. it grows very quickly and then falls just as quickly. I don't hold Ripple

[RobotNIK]

Honestly, I was never pleased with this coin, and there has never been faith in its future, and probably will not be!

[Harkorede]

I always thought that this coin is too risky. it grows very quickly and then falls just as quickly. I don't hold Ripple

I don't hold any ripple either, I don't just trust the whole concept behind the project. From the fact that XRP is not a disruptive technology, It is centralized and the largest portion of the coins is in custody of Ripple.

You can find more reasons here: https://hackernoon.com/4-alarming-reasons-ripple-might-not-be-what-you-think-9debc3c86985

[evanescence]

As sad as it is. But the bears are very entrenched in the market, it is annoying and we cannot do anything yet, because to change the situation, we need to use very large opportunities. We try to alter the situation as a whole.

If you can't beat them - join them   Shorting is just as simple as long-ing, if you're so certain that the bear market will continue, why not make some easy $ ?

[salad daging]

I think XRP prices are down because people really want to have ethereum, so there is a possibility that there are many people selling their XRP to get money to buy ethereum, if not, I think the effect of Hardfork ethereum is still nagative for XRP because it can be when people want to invest on XRP, but because ethereum will experience hardfork, then that person will discourage them and divert their interest in ethereum

[PavelMed]

If to look at XRP price momentum now, there is a net 6.5% loss in USD value and a 0.5% drop in BTC value. We will see how it will be evolving in next few hours, as as it still dropping, not the biggest drop expected though. Keep an eye on that.
It is equally important to know what is going on behind the scenes on media and consider the world crypto drop-off.

XRP/USD is trading at $0.354 right now, down 6.5% since the beginning of Thursday. There is some terms of support levels below the current price. The bears targeting $0.3250 area. The initial support was located on the approach to $0.3500 with 38.2% Fibo retracement monthly and Pivot Point Weekly Support 3 spotted around that area. We need a sustainable move to clear the way towards ultimate resistance at $0.04000, provided that we will manage to pass through an intermediate hurdle at $0.3750.

What are you guys doing now with your XRPs?

Trade with extreme caution and on your own risks.

I think if Bitcoin does not fall below 3600, then this will be a good tendency for the growth of Altcoins and it will be possible to wait for a growth of 10-15% from the current level.

[Convery]

Do not check only Ripple graph but also look at Bitcoin graph and this will show that now it is time to dump the whole crypto market.

[belli4388]

all the values ​​of the altcoin follow the changes of the bitcoin but I see that xrp has fallen a lot and I quickly believe that I do not trade with this currency, is too risky

[novusordo]

Am not sure why I can be worried about ripple
It totally is not worth it, why ?

Ripple has never had a significant rise in value( atleast have been in crypto currency for 8months ) and ripple has no price surge

Remember, good product and low value is not investors does

In the bear market all altcoin falls and look at ETH, ETH prices have fallen from 500$ to 80$. But XRP did very well when its price didn't fall with the market. XRP is really a powerful cryptocurrency

[Tavarez]

XRP is still very bullish in the very long term, but for now, I'm bearish as hell. Should you care what I think? Probably not. But when I started to being realistic, it saved me from a LOT of stress, heart-attacks and uncomfortable moments when another big red candle showed up. So a little advise: be realistic friends!

[qualitywork]

I always thought that this coin is too risky. it grows very quickly and then falls just as quickly. I don't hold Ripple

Not only XRP is doing down the entire market is experiencing the same, Its pretty hard to Judge the market sometimes it pumps and dumps very badly however its better to hodl the coins at the moment and wait for a while.

[GymClassHeroes]

The trade margin is small and seem to be moving to the general market trend, The bitcoin price comparison is did not show much variance. I am weary of making a trade solely on TA.One will need to hold some significant cash to scalp reasonably with this

[JayCue]

I sold my holding of XRP 3 days ago so nothing to worry now 
So I just give my regards to those who still hold XRP as it seems like there's gonna be a bear in the next days.

[enhu]

Look like they are really into accumulating XRP for as long as they want. Once the price spikes a bit up to 5 cents, they'd sell to USDT and then spread a fud so people will dump and then buy back and then keep doing it. Why XRP when there are more out there, leave this project because its not worth the time waiting.

[jeffthebaker]

Daytrading XRP is essentially gambling... There are plenty of coins that I think are fine to daytrade but Ripple not one of them, imo. If you look at the coin in a more macro sense, I think it's fair to say the bear call came long ago. Bulls back soon )

[BitcoinCazh]

i think better with xrp you do daily traders, but if you whink very risk to invest now, i think you must wait into the prices cheap and then you sell it when that increase again, just wait best moment and you will get profit

[xuv500]

Do not check only Ripple graph but also look at Bitcoin graph and this will show that now it is time to dump the whole crypto market.

Exactly, the entire market is suffered losses look at BTC it has gone down nearly 10% today!!!! no one expected this sudden dump today and I have no idea about this down fall. One thing for sure is hodl....hodl...