Top on 3 Reasons, Why XRP Price is Pumping very hard

[Power Man]

XRP price has become the talk of the town in recent days with remarkable gains within a short stipulated time. The asset has rallied more than 70% in the past week which is considered as a pretty good gain.

But What Happen All of Sudden, That XRP Price Rallied to the Moons. Let’s List Them All
Proposed Rule of OCC
The US Office of Comptroller of the Currency which is responsible to regulate the National banks recently proposed a rule. According to the rule, the banks will be forbidden to blacklist legal industries, probably crypto space too.

Not only XRP, but most of the coins might also have witnessed a huge surge in their price due to this factor.

Ripple’s New Strategy to Capture CDBC’s
Ripple is looking to hire a senior director of the central bank to lead its strategy, partnerships and project work with central banks around the world. The main aim is to push the Central Bank Digital Currency(CDBC’s) support, XRP Ledger.

The Ripple wants to partner with the CDBC projects and manage the whole process right from the start to finish.

Also Read : Ripple Price Analysis: XRP Price Might Hit $2 If It Clears the $0.49 Barrier

Bank of America Partners with Ripple
Ripple recently updated its official page and revealed Bank of America as one main client of the Ripplenet. The rumours of the partnership have surfaced during the Ripple Swell event 2020 in the month of October.

It was speculated that bank customers will be able to send money internationally instantly with low costs.

XRP is believed to continue to rally as high as $1 only if the critical resistance at $0.487552 is broken successfully. Post to which the digital asset is expected to reach more highs in the cming days.

Moreover, if Ripple’s attempt to partner with the world’s CDBC projects succeeds, then the XRP rally would continue without any pause.

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[Wenbing]

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Ripple’s New Strategy to Capture CDBC’s
Ripple is looking to hire a senior director of the central bank to lead its strategy, partnerships and project work with central banks around the world. The main aim is to push the Central Bank Digital Currency(CDBC’s) support, XRP Ledger.

The Ripple wants to partner with the CDBC projects and manage the whole process right from the start to finish.

The management of Ripple are great in strategic partnership. From your explanation, if they partner to handle the CBDC project, that'll bring a positive effect to Ripple which will of course impact their credibility and adoption.

There is a future for Ripple through their strategy

[celot]

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Ripple’s New Strategy to Capture CDBC’s
Ripple is looking to hire a senior director of the central bank to lead its strategy, partnerships and project work with central banks around the world. The main aim is to push the Central Bank Digital Currency(CDBC’s) support, XRP Ledger.

The Ripple wants to partner with the CDBC projects and manage the whole process right from the start to finish.

The management of Ripple are great in strategic partnership. From your explanation, if they partner to handle the CBDC project, that'll bring a positive effect to Ripple which will of course impact their credibility and adoption.

There is a future for Ripple through their strategy

The management have success get great partnership for ripple this the reason why Ripple up above 100% last three days until right now, behind with ripple give hardfork new coin for holding last snapshot on 14 December I think this will be other reason why Ripple stronger to higher price. Potential coin when Ripple on higher price is XLM, both coin have good connected each other when Ripple back to higher price XLM will allow to, by the way will ripple back above $1 or have stop for higher price right now, nice waiting for how many stronger for Ripple back to higher price again.

[Rowenta]

Among the top 3 reasons why XRP is pumping I'm surprised that Spark Airdrop isn't on your lists, isn't this airdrop the reason why many are buying XRP presently? Believe me not all buyers are XRP fans, they are buying to make more money not only through the bullrun but also through the Spark airdrop, I've checked out the Spark airdrop and it thus look interesting, it will definitely have some good value

[RabbiTANK]

Among the top 3 reasons why XRP is pumping I'm surprised that Spark Airdrop isn't on your lists, isn't this airdrop the reason why many are buying XRP presently? Believe me not all buyers are XRP fans, they are buying to make more money not only through the bullrun but also through the Spark airdrop, I've checked out the Spark airdrop and it thus look interesting, it will definitely have some good value

XRP will still pump without spark airdrop, it makes no difference because we are in for altcoin season, XRP isn't the only altcoin that's pumping so the airdrop part is just a plus reason to buy XRP and hold, for a top 5 altcoin on coinmarketcap this altcoin will definitely surge side by side with Ethereum, bitcoincash and others too

[Febo]

Top on 3 Reasons, Why XRP Price is Pumping very hard

XRP has been releasing 1 billion XRP from escrow accounts, every month, for the entire bear market. They used this to dump on investors and used the money to build Ripple, the physical company.
Then, after most of this original community and investors capitulate, they announce a buyback, times with a BTC rally and they pump the price, causing another retail FOMO and gains of like 100% in a week.
Bankers will scam! Very soon Bitcoin will say bye bye bankers, you can scam yourself.

[chip1994]

Despite all of these good news and believe me the main reason that has been making ripple go to the moon was the spark airdrop. You will able to get free money and people were massively buying it.
The early buyers are the winner in this case.
Imagine when someone have 1 million XRP and he will get 1:1 ratio spark token then the price of spark will worth 10 cents.
he was getting 100k instantly without needed to do a lot of effort.

Besides, there was more Spart airdrop, so the price of XRP increased so strongly.
Essentially the plans are still plans, since we don't know when Ripple will be able to convince governments, so it is not seen as the main cause.
Honestly, Ripple's airdrop news is very good, with just 1 news they made over $ 20 billion in just a few days. The power of XRP is so dreadful, it will be the altcoin with the highest growth this year.

[ScamViruS]

Compared to its all time high XRP isn't actually bumping hard as bitcoin is doing and none other alts also follows it up but each and every crypto is being bullish just because of the bullish trend on bitcoin.

As the bitcoin market went up, xrp suddenly pumped. Xrp team has been dumping their hold xrp to their investors since the last bull run. As a result, there has been no improvement in the market for these coin. They suddenly let know through this pump their project is still running, so new investors can invest in this project. So that the xrp team can dump their holding coins again to new investors.

[chanler]

My biggest holdings are XRP and 0xMR. Those are my bets to maximize profit in 2021.

XRP is a great coin, you did the right way to hold this coin. But 0xMR seems not really familiar, I just know this coin. Anyway, why you can claim the maximum profits probably reaches in 2021? How if the ATH of XRP already reached at the end of this year? You must learn how the price moves. Analyze the possibilities, don't miss to sell at the highest rate.

[Husires]

Ripple is a central currency with a small market capacity, any rise in Bitcoin with high demand will cause its price to rise, this rise will be temporary, and you will notice that the price has started to collapse.

There is an infinite number that makes the possibility of an increase stressful, and when we saw BTC/XRP pair, you will find small change.

[gwdf1]

Let's see how much the XRP rate will rise. Many people know that XRP does not have as much volatility as Bitcoin. Hope it will go up to 1$!

[optimisticcm]

I think it is nothing special from xrp rather this bull run was long due as prices have been under stress for last 2 to 3 years so it is natural that market will now start a new bull phase especially after btc halving and eth 2.0 it was expected that market can go parabolic so all top coins will benefit from this bull phase.

[Slingshot]

Whatever it is we are happy and it's really an amazing one to see such huge growth from XRP. Many actually enjoyed it because they never expected the price to skyrocket such fast but I still say it's still cheap because of the project and it's potential. We may end up seeing it more than comes next year. We may end up seeing 1$ soon.

[didzi]

XRP price has become the talk of the town in recent days with remarkable gains within a short stipulated time. The asset has rallied more than 70% in the past week which is considered as a pretty good gain.

But What Happen All of Sudden, That XRP Price Rallied to the Moons. Let’s List Them All
Proposed Rule of OCC
The US Office of Comptroller of the Currency which is responsible to regulate the National banks recently proposed a rule. According to the rule, the banks will be forbidden to blacklist legal industries, probably crypto space too.

Not only XRP, but most of the coins might also have witnessed a huge surge in their price due to this factor.

Ripple’s New Strategy to Capture CDBC’s
Ripple is looking to hire a senior director of the central bank to lead its strategy, partnerships and project work with central banks around the world. The main aim is to push the Central Bank Digital Currency(CDBC’s) support, XRP Ledger.

The Ripple wants to partner with the CDBC projects and manage the whole process right from the start to finish.

Also Read : Ripple Price Analysis: XRP Price Might Hit $2 If It Clears the $0.49 Barrier

Bank of America Partners with Ripple
Ripple recently updated its official page and revealed Bank of America as one main client of the Ripplenet. The rumours of the partnership have surfaced during the Ripple Swell event 2020 in the month of October.

It was speculated that bank customers will be able to send money internationally instantly with low costs.

XRP is believed to continue to rally as high as $1 only if the critical resistance at $0.487552 is broken successfully. Post to which the digital asset is expected to reach more highs in the cming days.

Moreover, if Ripple’s attempt to partner with the world’s CDBC projects succeeds, then the XRP rally would continue without any pause.

bank of america Partners with ripple, are you serious about this buddy ? if yes, could you give me the article link about this great news on ripple
because for sure if this true, ripple price could explode

[Johnyz]

Whatever it is we are happy and it's really an amazing one to see such huge growth from XRP. Many actually enjoyed it because they never expected the price to skyrocket such fast but I still say it's still cheap because of the project and it's potential. We may end up seeing it more than comes next year. We may end up seeing 1$ soon.

We soon hit the price of $.7 again as the market continues the uptrend and with Bitcoin nearing its all time high I’m sure the altcoins market will also follow so its possible to reach the price of $1 again this year. Holding some XRP is also great, I’m happy to get some when the correction happened last week, now I’ll wait for its new ATH.

[samcrypto]

Let's see how much the XRP rate will rise. Many people know that XRP does not have as much volatility as Bitcoin. Hope it will go up to 1$!

There’s a chance as long as we continue the uptrend. XRP is also volatile but it doesn’t seems big simply because its a cheaper price considering its total supply. There’s so many reason for XRP to pump actually and most of them are from the partnership with the banks, i see great future for this coin despite of working with the banks and despite of the hate from many investors.

[dimonstration]

Let's see how much the XRP rate will rise. Many people know that XRP does not have as much volatility as Bitcoin. Hope it will go up to 1$!

There’s a chance as long as we continue the uptrend. XRP is also volatile but it doesn’t seems big simply because its a cheaper price considering its total supply. There’s so many reason for XRP to pump actually and most of them are from the partnership with the banks, i see great future for this coin despite of working with the banks and despite of the hate from many investors.

If we were able to buy or hold too much XRP from before we can really notice the price increases alot, XRP is still a good holding as there are developments that happening form developers, we can also see from the past that whenever BTC Price increase, XRP somehow make it's way to have a bullish sign too. It's also good to use in having payment transactions for lower fees.

[arufox]

Do you think news like that will attract people to buy XRP that make XRP price increase massively to 70%?
Do you think people will read all that news?? No

The main reason for the increase of XRP because the SPARK airdrop and December 12 will be the snapshot day. This is the main reason bro, not as you say. You should learn from the airdrop history of the top coin.

[Dollar_Hunter]

It is very easy to analyze the XRP price,
the pump is very hard because indeed the trading indicator of this coin is really bullish,
this coin is a sleeping giant, and now that it is awake, $ 2 might be reached.

[angrybirdy]

Let's see how much the XRP rate will rise. Many people know that XRP does not have as much volatility as Bitcoin. Hope it will go up to 1$!

The market price of xrp is starting to increase again. This $1 is possible and is expected as there's a lot of events that are going on with xrp right now. Aside from their possible partnerships and airdrop event, I even saw a commercial that promotes xrp. This advertisement might lead to more investors that will increase the demand and the price of xrp.