The XRP price is headed for $ 0.24

[vietnamoi.vn]

Nearly 60 million XRP have moved. As reported by XRPL Monitor, 58.2 million XRP have been traded by anonymous wallets, as well as exchanges. This amount is equivalent to 11,584.26 dollars.

In it, 43.2 million XRP transferred between the wallets of the Korean exchange Bithumb - equivalent to $ 8,340,667.2. The rest is traded between anonymous wallets.

Meanwhile, the XRP / MXN XRP liquidity index on the Bitso exchange in Mexico was unable to reach a new all-time high. The gap between the current ATH and yesterday's trading volume was about 11 million, unlike previous times shown on the chart. This could indicate a downward trend in XRP transaction volume in this ODL corridor.

How do you think?

[Balili]

Nearly 60 million XRP have moved. As reported by XRPL Monitor, 58.2 million XRP have been traded by anonymous wallets, as well as exchanges. This amount is equivalent to 11,584.26 dollars.

In it, 43.2 million XRP transferred between the wallets of the Korean exchange Bithumb - equivalent to $ 8,340,667.2. The rest is traded between anonymous wallets.

Meanwhile, the XRP / MXN XRP liquidity index on the Bitso exchange in Mexico was unable to reach a new all-time high. The gap between the current ATH and yesterday's trading volume was about 11 million, unlike previous times shown on the chart. This could indicate a downward trend in XRP transaction volume in this ODL corridor.

How do you think?

More like some Whales wants XRP tradable volume to be scare thereby making the price to bull to their expected price and they dump back in the market.

[BitcoinTurk]

The price increase mentioned is unfortunately not only a case specific to XRP, but also because the market has entered a short-term uptrend in general. For this reason, I think that the XRP investor should not be happy right away because it is possible that the XRP team may create some sales pressure due to this bullish movement. Of course, the team does not always make its project badly affected by selling, but it is important to remember that there is an irresponsible team that always sells. I think it would be beneficial for the XRP investor to trade carefully. I strongly recommend not to make a large amount of transactions before the market direction becomes clear. It is very likely that there is a possible drop in the XRP side.

[krayzie32]

The price increase mentioned is unfortunately not only a case specific to XRP, but also because the market has entered a short-term uptrend in general. For this reason, I think that the XRP investor should not be happy right away because it is possible that the XRP team may create some sales pressure due to this bullish movement. Of course, the team does not always make its project badly affected by selling, but it is important to remember that there is an irresponsible team that always sells. I think it would be beneficial for the XRP investor to trade carefully. I strongly recommend not to make a large amount of transactions before the market direction becomes clear. It is very likely that there is a possible drop in the XRP side.

I think ripple will tend to decrease more because of investment demand and people seem to dislike it when it comes to coins. In fact, the large supply is the only reason why many people are afraid to invest because when compared to other coins, ripple is only worth $0.05. Personally, I don't choose to invest but keep track of what's going on and in one way or another you should only care about profits when it comes to xrp.

[nutriagrigia]

I think that now we need to monitor which way Bitcoin begins to move. XPR will act in the same way as Bitcoin and all these transactions does not matter. now all attention is on BITCOIN.

[judaspriest]

Nearly 60 million XRP have moved. As reported by XRPL Monitor, 58.2 million XRP have been traded by anonymous wallets, as well as exchanges. This amount is equivalent to 11,584.26 dollars.

In it, 43.2 million XRP transferred between the wallets of the Korean exchange Bithumb - equivalent to $ 8,340,667.2. The rest is traded between anonymous wallets.

Meanwhile, the XRP / MXN XRP liquidity index on the Bitso exchange in Mexico was unable to reach a new all-time high. The gap between the current ATH and yesterday's trading volume was about 11 million, unlike previous times shown on the chart. This could indicate a downward trend in XRP transaction volume in this ODL corridor.

How do you think?

Ripple is a project and a large coin, just like Ethereum, for $ 0.24 I think it will be achieved in the near future,
considering the price of Bitcoin is still Bullish, you must HOLD this coin

[X-ray]

The $11mln worth transaction is sent by the exchange, I didn't get it. Why the price should touch $0.24 if the volume increases? I guess this can be the sound of bears before they make their market move.

That will not give a huge impact to the ripple . That transaction has already made by moneygram that sends their ripple to the exchange site and you can read more about that here
https://born2invest.com/articles/11-3-million-xrp-moneygram-ripple-hodler/

The main problem is the pre mined coins that was getting opened every month. It will bring billion ripple coins to the market.

[carlisle1]

The $11mln worth transaction is sent by the exchange, I didn't get it. Why the price should touch $0.24 if the volume increases? I guess this can be the sound of bears before they make their market move.

OP is just being imaginative and exaggerated because it has been days after that transaction yet Nothing good happen to XRP price instead it is Ethereum(ETH) has performed well this days.

The $11mln worth transaction is sent by the exchange, I didn't get it. Why the price should touch $0.24 if the volume increases? I guess this can be the sound of bears before they make their market move.

That will not give a huge impact to the ripple . That transaction has already made by moneygram that sends their ripple to the exchange site and you can read more about that here
https://born2invest.com/articles/11-3-million-xrp-moneygram-ripple-hodler/

The main problem is the pre mined coins that was getting opened every month. It will bring billion ripple coins to the market.

same thing here mate because there has been no increase singularly in XRP because the green market seems to be the effect of Bitcoin increasing the price,.

[leea-1334]

Well we always know what we get with ripple,,, so we should not be surprised if every few months this kind of news hits us in the faces right? Full disclaimer,,, I own a tiny bit of XRP but I know it is just for speculation. Zero interest, if it makes it to $1 I am very happy though.

[michellee]

I think XRP price can break another higher price, and the price is trying to get more support so the price can increase. It seems, the market still on the uptrend so that can give a chance for every coin to increase. We don't know how high every coin can increase, but we can hope that it can provide us with some profit. But we hope that the price can hit $1 or more like what we get in a few years ago.

[Taskford]

Well we always know what we get with ripple,,, so we should not be surprised if every few months this kind of news hits us in the faces right? Full disclaimer,,, I own a tiny bit of XRP but I know it is just for speculation. Zero interest, if it makes it to $1 I am very happy though.

To many speculation given but actually almost non of them became a real, maybe those who give this kind of statements are ripple supporters or bag holders who want to hype and earn when the price goes up. But I'm not negative thinker about this alt since I'm a XRP holder also but lets just see on what will happen when Bull run came.

[vietnamoi.vn]

The $11mln worth transaction is sent by the exchange, I didn't get it. Why the price should touch $0.24 if the volume increases? I guess this can be the sound of bears before they make their market move.

Today XRP token already increase although not so high. But this is good signal and I hope It continue increase in near future. Ripple co-operate with Visa so I believe about it

[Kelvinid]

The $11mln worth transaction is sent by the exchange, I didn't get it. Why the price should touch $0.24 if the volume increases? I guess this can be the sound of bears before they make their market move.

Today XRP token already increase although not so high. But this is good signal and I hope It continue increase in near future. Ripple co-operate with Visa so I believe about it

Then it was great to see how the XRP team build another wave of market adoption and brought something not just and imagination but in the real scheme.
It can't be denied that XRP is a reigning one of the potential altcoins in the market and thus the team has to protect from the others. If this momentum will continue it probably will kicking back again ETH and take over its place as what it happens before.

Well, I hope that this is not a bull trap and whales trick then people will never give any doubts to invest XRP.

[ElmedoRator]

For me, the XRP price will not move too much. It seems that it has become saturated after huge growth, I have left this altcoin so I will not be too expecting it to rise. I spent too much time investing in this altcoin without any profit

[FanEagle]

I see XRP doing maybe 0.24, that is a realistic approach, I mean just today it peaked at around 0.2 and that is good enough for xrp however doing 0.24 is not really all that impressive neither. Think about it, bitcoin has moved a lot more and lot faster previously, ethereum did it as well, almost all altcoins had a huge up and down during this period when XRP was asleep.

So, for XRP to finally peak at 0.24 wouldn't really change anything, it is still quite low for what it could have been. I still blame the owners of Ripple for that, dudes basically printed as much money as they want and sold it on market to make a profit, as centralized as it gets, even worse than FED and people are still going for this shitcoin, it is literally ranked third so I will never understand why people do it.

[shinratensei_]

For me, the XRP price will not move too much. It seems that it has become saturated after huge growth, I have left this altcoin so I will not be too expecting it to rise. I spent too much time investing in this altcoin without any profit

A big partnership that has already hyped by ripple has already become a failed partnership.https://u.today/ripple-contributes-to-bay-area-non-profit-amid-covid-19-pandemic

In another way, some parties and projects that was also being funded by ripple were still dumping their ripple. You can take a look at https://u.today/ripple-wires-637-mln-xrp-to-jed-mccaleb-followed-by-133-mln-xrp-more
There will be no big move from ripple and this crap coin will remain the same on its position, it may get a pump due to the bitcoin but it will be slowly going down again.

[mahilchii]

XRPs sad story continues and it's going out to people's mind slowly. Too much speculation on ripple these days and it's still going on, once it broke all barriers when BTC was going down and many of them started to invest in XRP as a safest option. Unfortunately, it's going down clearly there's no definite answer when it comes to a good investment. Let's believe it will overcome this tough situation and bounce back strongly.

[elisabetheva]

For me, the XRP price will not move too much. It seems that it has become saturated after huge growth, I have left this altcoin so I will not be too expecting it to rise. I spent too much time investing in this altcoin without any profit

many are apathetic with XRP but not a few also hope that XRP can move to increase. like you who are not sure anymore about XRP is a natural thing because there may be a long wait for no improvement. but it must be remembered that the XRP could once be at $ 0.3 in mid-February, unfortunately can not last long. but I am very confident that only to be able to break through to $ 0.24 XRP will get through it and XRP has been and often perched at $ 0.3.
there must be a sense of optimism in XRP investment.

[Ridwan Fauzi]

XRP is centralized coin, it means the developer will have huge amount of XRP and they can sell them at any time.

This is what worries me about investing in ripple, I just have a little chance to gain profit and the I just have high risk.

I'll be prefer to avoid it and look for another altcoin which have dentralized system, so we can avoid a bad thing that will happen.

[Teraboy]

XRP is centralized coin, it means the developer will have huge amount of XRP and they can sell them at any time.

This is what worries me about investing in ripple, I just have a little chance to gain profit and the I just have high risk.

I'll be prefer to avoid it and look for another altcoin which have dentralized system, so we can avoid a bad thing that will happen.

There was a locked period to the pre-mined coin but it looks like the locked period has already ended but the team can open the premined coin once in a month. The coin is holding by the escrow.

The demand to drive the price of ripple to jump is getting a huge pressure from the sell orders that will be created by the ripple team everymonth. that's why $0.24 looks a very difficult echievement for ripple coin.