Will XRP Down below 0.2$ once BTC Dominance rises above 68?

[Bergluft]

The problem with XRP is the fact that in a world where DeFi got this much famous, it is quite possible people hate centralized coins and sell their XRP because of it.

I see where you are coming from. But 'famous' in this case does not mean that anyone is actually using DEFI for its purpose. It is a purely speculative boom that we see with this technology.

Edit: what is also interesting to look at in this context: The Flare network is building a trustless DeFi infrastructure backed by XRP value.

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[bitkanu]

If the total marketcap is going to be lower, the XRP investors will not able to hold their holdings for a long time. The dominance of BTC is the reason why altcoins suffer to make a new higher high on charts but this problem can be solved if the BTC dominance becomes lower than 40%, in my opinion.

The problem is this coin offers nothing if we are making a comparison between ripple and another altcoin, we will get a result if ripple is lack of usefulness compared with another coin. The real security coin worth billion dollars.
It's very different with binance as it's fully integrated and it has a bunch of features.
Even when btc dominance will be going low again and it will not solve the problem that's owned by XRP.

[shoreno]

The problem with XRP is the fact that in a world where DeFi got this much famous, it is quite possible people hate centralized coins and sell their XRP because of it.

I see where you are coming from. But 'famous' in this case does not mean that anyone is actually using DEFI for its purpose. It is a purely speculative boom that we see with this technology.

Edit: what is also interesting to look at in this context: The Flare network is building a trustless DeFi infrastructure backed by XRP value.

not all centralized coins are being hated . people on here do use centralized platforms but they didnt hated it because they also get benefits from those but that is true that many people have been hated xrp but that started long time ago when there was no defi existed and many people also sold and avoid xrp which caused for its value to decrease but xrp are still here and still kinda famous till now but we dont know if defi can last a long time . that flare can be a big break to xrp because it was also infused with defi

[Mahdirakib]

Whole crypto marketcap increasing now. So there is no relation between higher dominance of bitcoin in marketcap and altcoins price dump. Altcoin will only go down if people take out their money from alts. It means if btc dominance reach above 68% xrp won't go under 0.2 dollar. Bitcoin price may increase quicker but alt will move slowly and won't go down like this.

[lifeOK]

Whole crypto marketcap increasing now. So there is no relation between higher dominance of bitcoin in marketcap and altcoins price dump. Altcoin will only go down if people take out their money from alts. It means if btc dominance reach above 68% xrp won't go under 0.2 dollar. Bitcoin price may increase quicker but alt will move slowly and won't go down like this.

XRP is the crypto that yet has more appeal to big community and may continue later on. For a long time holding above 0.2$ that's make it stable coin lol. The Utility Fork will be launching in December, so I think most people are going to HODL it. Everybody should have XRP in their portfolio, I have my share however not my biggest holding.

[Twinkledoe]

Whole crypto marketcap increasing now. So there is no relation between higher dominance of bitcoin in marketcap and altcoins price dump. Altcoin will only go down if people take out their money from alts. It means if btc dominance reach above 68% xrp won't go under 0.2 dollar. Bitcoin price may increase quicker but alt will move slowly and won't go down like this.

XRP is the crypto that yet has more appeal to big community and may continue later on. For a long time holding above 0.2$ that's make it stable coin lol. The Utility Fork will be launching in December, so I think most people are going to HODL it. Everybody should have XRP in their portfolio, I have my share however not my biggest holding.

I like that, maintaining above $0.2 for long time making it as a stable coin.  But I am seeing that XRP price will move a lil bit come this December or the next few months. They have also new partnership (https://www.crypto-news-flash.com/ripple-partnership-with-flare-finance-opens-defi-market-for-xrp/) aside from the existing ones (https://itsblockchain.com/ripple-partners/). I like the economical fees and fast transaction of XRP (for transfer purposes) even though it is a centralized coin.

[ethereumhunter]

Hello everyone, I want to discuss the price of XRP which is one of the old coins that if BTC.D rises to above 68, then Altcoins will crash so hard, as well as XRP and when it crashes it's the right time to buy altcoins, what do you think?  if anyone can give an chart/TA it is very helpful. Thanks

It could happen to the altcoin to crashes, but I don't think that the altcoin will be hard to increase because I think the altcoin will have the chance to grow. Who knows, XRP can have the best time again like before, and the price can touch $1. If that happens, we can make a profit from the coin again. You can prepare yourself to buy XRP again if you want, but maybe you need to wait for more until the price goes deeper.

[Kang TB]

Whole crypto marketcap increasing now. So there is no relation between higher dominance of bitcoin in marketcap and altcoins price dump. Altcoin will only go down if people take out their money from alts. It means if btc dominance reach above 68% xrp won't go under 0.2 dollar. Bitcoin price may increase quicker but alt will move slowly and won't go down like this.

indeed, xrp known as the TOP alt in the market and its hard to believe if the price will go down under $0.2 even bitcoin dominance rise above 68%
maybe we will see a lot of shitcoins died if bitcoin dominance growing more than 68%

[pamsugas]

see this chart there is a similarity from the previous year xrp in the lowest support then RSI also touched the bottom, this is not my idea, I saw one of my Twitter friends uploaded it. there is likely to be a repeat of the same thing with XRP. I am waiting for XRP to come to the moon

[durilup]

If we are talking about a short term in my opinion we won't see xrp more than $0.4 in the following months but if you want to add xrp to your portofolio I would recommend it to hold for a long term

[redsun114]

Bitcoin has increased 6%+ this week, the dominance is over 64% already, you know what happened? Altcoins went up with it. XRP is up 8% right now. So, do not be worried about your altcoins just because bitcoin dominance is rising, I understand that the first thing that comes to your mind when bitcoin increases is the fact that bitcoin could fall. I do not really believe that bitcoin could fall down anytime soon but I am also not worried about what is going to happen to my altcoins neither.

I do not invest into XRP (dislike centralization) but even I believe XRP is not going under 0.20 cents anytime soon. So just keep holding, if you can increase your position try to DCA your way into buying more, and just keep holding as long as you can, preferably for years but if not at least until summer.

[cahkalem]

Hello everyone, I want to discuss the price of XRP which is one of the old coins that if BTC.D rises to above 68, then Altcoins will crash so hard, as well as XRP and when it crashes it's the right time to buy altcoins, what do you think?  if anyone can give an chart/TA it is very helpful. Thanks

maybe altcoins will crash if bitcoin dominance above 68% but not so hard man,,
because most of good altcoins will survive and follow the movements of bitcoin even in slowly but surely
and shitcoins will gone for sure

[Reatim]

Hello everyone, I want to discuss the price of XRP which is one of the old coins that if BTC.D rises to above 68, then Altcoins will crash so hard, as well as XRP and when it crashes it's the right time to buy altcoins, what do you think?  if anyone can give an chart/TA it is very helpful. Thanks

XRP had drop below 25 cents constantly this past months and it cannot even maintain a 25cents stronghold while Bitcoin already stablished many chances from 10k up to 13 and now 16k.
things that is better in one side but seemingly not for the alts.

Well like what had happen in 2017 after the Bull running of Bitcoin then in 2018 Altcoin comes the season in which recorded their ATH.

[yohananaomi]

Hello everyone, I want to discuss the price of XRP which is one of the old coins that if BTC.D rises to above 68, then Altcoins will crash so hard, as well as XRP and when it crashes it's the right time to buy altcoins, what do you think?  if anyone can give an chart/TA it is very helpful. Thanks

XRP had drop below 25 cents constantly this past months and it cannot even maintain a 25cents stronghold while Bitcoin already stablished many chances from 10k up to 13 and now 16k.
things that is better in one side but seemingly not for the alts.

Well like what had happen in 2017 after the Bull running of Bitcoin then in 2018 Altcoin comes the season in which recorded their ATH.

Altcoins were surprised by the way Bitcoin made a move that was out of the ordinary that had been its motto, a long-term investment which had been no longer valid in the past few months, in fact, short-term investments were very real and were continuously being made. bitcoin. can go down quickly and a few days later it comes back up again even more, this is not once and continuously. Altcoins cannot anticipate this, so it's no wonder altcoins are stuck and don't move in the direction that has been happening so far, if bitcoin goes up, altcoins too.

[bitkanu]

An altcoin like xrp is one of a kind that can keep your fund safe from great loses though it might cause you trouble earlier or in unexpected moment you still have the assurance that it will not always act for dissapointment.

Assurance for what? if you are seeing when the hacked case happened with exchange site and you can do nothing to recover you're lose and there's not insurance. What you are talking about to call the how big liquidity that owned by the XRP as an insurance that will make use can dump our token to the market anytime.
I think that your statement refers to the liquidity and we can't call that as insurance.

[adaseb]

Honestly I would not touch XRP unless there is some indication that it can finally get out of the huge bear market against BTC. Look at the weekly chart of XRP BTC and see how bad it is. I know we are all expecting a 2017-2018 type of rally where we can all make like 1000x with our XRP purchase however I just think that it will never reach that high.

There are way too many bag holders of this coin going all the way back to when it was 10K sats and even at 1600 Sats there are still tons of bag holders which are underwater and most likely they will all want to get out at break-even. Unless there is some major event, like maybe Paypal accepting XRP on their crypto platform, I dont see any XRP bull rally anytime soon. I would avoid this coin from now on.

[ethereumhunter]

Hello everyone, I want to discuss the price of XRP which is one of the old coins that if BTC.D rises to above 68, then Altcoins will crash so hard, as well as XRP and when it crashes it's the right time to buy altcoins, what do you think?  if anyone can give an chart/TA it is very helpful. Thanks

If btc decides to correct which it will then xrp along with other altcoins will take a hit as well. How low it will go? that's hard to tell but I don't imagine it will go too low since their distribution is around the corner but it can go anywhere between 0.23-0.24 and that is my speculation based on btc correcting to 13% level from here on.

I guess the down will not go too far than the price now. Or if the price will down, maybe it will not go down for more than $0.19, but we don't know and not sure about that. We can only hope that the price will not drop too deep if the bitcoin price increases. That can make some investors panic. Bitcoin price now back to the $16k level, but it will need more time to break the high price barrier, so we need to be patient.

[poodle63]

An altcoin like xrp is one of a kind that can keep your fund safe from great loses though it might cause you trouble earlier or in unexpected moment you still have the assurance that it will not always act for dissapointment.

Funny because it's not true at all. If you want the real safe haven for your money then choose stablecoin because as far as I know XRP is just as volatile as BTC or ETH there's literally no difference in their volatility except that XRP is pseudo-decentralized coin owned by ripple.

Just take a look at the chart here : https://coinmarketcap.com/currencies/xrp/ you will see that they are not immune to volatility and you could definitely get a great loss if xrp somehow got dumped hard like they did in the past.