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Author Topic: XRP price Hit $0.9, suddenly goes down in second  (Read 696 times)
btc_angela
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November 25, 2020, 07:59:48 AM
 #21

Hold your XRP OP, you stumbled onto something big. Also look into IOTA, UTNP, 0xMR, and FARM. I think those will outpace ETH.

Nah, I don't think that any of the coins you mentioned with outpace ETH.

XRP is making gains in recent weeks because of the news of the fork so obviously there are investors and traders who wanted to get this free coins, so the more XRP you have in exchange or in your wallet, the more free coins you can have.

But will it be sustainable after the fork? Remains to be seen, you investors will still be very cautious after the fork.

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Pamadar
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November 25, 2020, 08:07:26 AM
 #22

I wouldn't say this looks sustainable neither. With the drop I say afterwards people could sell their coins to lower levels. Many people are buying XRP because they want to get Spark with it but they are overpaying it, doesn't look like Spark will worth the difference in coin when XRP goes down and you fail to sell at the right time.

Assume a scenario like this, you buy at around 0.7 right? And get 1 spark in return, if stark is around 0.2 that means you have to sell your XRP over 0.5 right? In order to make a profit that is the calculation. What if you buy at 0.7 and can't sell over 0.5? You will lose money even with the drop. So, there will be some people who will lose money even with the free coin they get, and plenty will sell even if they profit.

You got your point there, we don't know what holders may do after receiving their shared airdrops.

The scenarios that you are portraying is very possible, it's very important to understand all the possibilities and make sure to decide
once you already observed and really convinced yourself to whatever place you may take, very risky coin and only those who are
willing to gamble will take this and try to ride with this opportunities.
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November 25, 2020, 08:32:27 AM
 #23

Alot of people are waiting for the 1$ mark, and some higher prices. So most people would have been caught by the flash dip. Taking profit is a personal decision such as the consequences also.
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November 25, 2020, 08:41:09 AM
 #24

Ripple can reach $ 1 before December 12, but I believe that after the balance snapshot the price will drop very much, so you need to decide whether you will wait until the snapshot and get Spark tokens, or abandon it and take profit now.

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fishbonez11 (OP)
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November 25, 2020, 09:20:34 AM
 #25

Quote

You got your point there, we don't know what holders may do after receiving their shared airdrops.

The scenarios that you are portraying is very possible, it's very important to understand all the possibilities and make sure to decide
once you already observed and really convinced yourself to whatever place you may take, very risky coin and only those who are
willing to gamble will take this and try to ride with this opportunities.

I can see that scenario coming also, and I cant afford to gamble and lose my money. I already got good profit from the hype. Already trippled my funds in just 25 days. But still not want to risk in this coming fork. Knowing how sudden the price is doing, I will surely not reached the point where I could have the spark coin. Afterall I could still buy it in the market if its really doing well.

 Another option I am thinking is to allot few portion of of my XRP. The important thing here is that, I already profit and I should only be wise by now.
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November 25, 2020, 10:01:14 AM
 #26

Quote

You got your point there, we don't know what holders may do after receiving their shared airdrops.

The scenarios that you are portraying is very possible, it's very important to understand all the possibilities and make sure to decide
once you already observed and really convinced yourself to whatever place you may take, very risky coin and only those who are
willing to gamble will take this and try to ride with this opportunities.

I can see that scenario coming also, and I cant afford to gamble and lose my money. I already got good profit from the hype. Already trippled my funds in just 25 days. But still not want to risk in this coming fork. Knowing how sudden the price is doing, I will surely not reached the point where I could have the spark coin. Afterall I could still buy it in the market if its really doing well.

 Another option I am thinking is to allot few portion of of my XRP. The important thing here is that, I already profit and I should only be wise by now.

Profits indeed is the very important matter right now.

You've got options and that's very good thing as you can figure it out if what would be the best thing to do, while you already
have sure profits to cash out and enjoy. Congrats with this very decent benefits with XRP hypes. Now it's a matter of good
assessment to decide whether to ride back or move on to other coins that available around the market. Again, Congrats!
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November 25, 2020, 10:54:01 AM
 #27

It's my first time to Buy XRP last October 31 at a price of
0.22$. I just tried out of curiosity since there is only few kind of coins in my local wallet (BTC, ETH, BCH and XRP). I notice that in just few days the price grow without any idea that there is going to have fork on December 12.
XRP Fork news



With that in mind, I decided to hold the coin up to now and suddenly (Luckily) the price pump. Im not actually a fan of altcoins, so when I saw the price have already matured, I instantly convert my XRP. Without knowing, I saw a news why there is a sudden crash on the price. Coinbase goes down and in seconds, the price went down.

I really get a good amount of profit. Do you also get the chance to convert?



There was huge flactuations of XRP price yesterday which is unbelievable. We have been observing XRP as stable form from $0.20-$0.30 last two years. I have hold few XRP from one years ago. I hope it will go on $1.00 soon. Yesterday it was near to $0.90.

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November 25, 2020, 10:57:47 AM
 #28

I also saw how XRP reached 0.9$ and was very happy about that, because for a long time the XRP price did not reach such heights and I think in the near future another XRP pump is possible, but right now the XRP price has dropped sharply, well, of course, it was clear that the price would not stay at the 0.9$ mark for so long, so we need to closely monitor XRP.
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November 25, 2020, 11:11:15 AM
 #29

I heard about this, XRP is really bullrun. I was also completely surprised to see my funds go up, as it has been a long time since i have seen XRP prices so high. But without doubt and fear, i think XRP lovers and supporters are delighted at the current price of XRP.









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November 26, 2020, 05:37:51 AM
 #30

XRP price was almost near $0.9 and price go down to $0.6 and now again growing. I am sure XRP will cross $1 before 25 December as it is now trending. When XRP crashed suddenly all market crashed and now again recovered, BTC price also near to $20000 and hope it will soon the previous record.

The price crashed again near 0.50$, its so unpredictable. Seeing this sudden change in price, I will surely not wait until the fork. You can gain big profit instantly and lose profit instantly as well. I can say that the price pump is just a hype. Whales are just playing to gain more profit. I feel like the one will benefit the most in this fork are those who will early withdraw and those whales who are manipulating the price.
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November 26, 2020, 06:02:25 AM
 #31

I heard about this, XRP is really bullrun. I was also completely surprised to see my funds go up, as it has been a long time since i have seen XRP prices so high. But without doubt and fear, i think XRP lovers and supporters are delighted at the current price of XRP.

The price of XRP crashed due to a sudden drop in Bitcoin price and we need not worry about the current market situation, without drop, it is impossible for Bitcoin and XRP to increase their prices. So we should always wait for another wave of Bitcoin to increase it's a price to new ATH in the coming days and this will surely help the XRP to increase it's a price to new ATH.

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November 26, 2020, 06:23:10 AM
 #32

Always keep in mind that Ripple is one of the most manipulated coins currently available at the cryptocurrency market. Only a small fraction of the XRP total supply is available as free-float. The remainder is being kept in cold storage. When these coins come online, the exchange rates can crash by 90% or even more, in a matter of few days. I would stay away from this coin like plague.
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November 26, 2020, 06:46:05 AM
 #33

XRP is one of the few good coins, in as much as it is highly centralized, but yet the team and community never fails to keep the coin going. I do not use that Coinbase exchange, although I never had any reason to, but going down when the price of XRP is already up is not a good one at all, because I believe there are those who would have taken profit at that price and now they couldn't and would still bear the losses incurred. Well, although this is the crypto space, risks abounds and one needs to understand them, but this crash of the exchange is totally off and wasn't anticipated. Nevertheless, the whole market is a bit down, maybe during another wave of Bitcoin growth, XRP might achieve its aims of reaching $1 or even more, but for now one needs to be careful, because as usual anything can happen and prices might even drop further or grow up more.

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November 26, 2020, 07:14:16 AM
 #34

13 December after snapshot taken will be a major day for XRP and definitely gonna decide whether XRP gonna be dumped hard or just stays at the current price. People should be aware that they have two choice : 1. To dump their coin when the price is at peak anticipating the aidrop or 2. Have some huge risk of being dumped after airdrop distribution.
That's my 2 cent though but that's what gonna happen everytime a certain coin promised to give an airdrop. Do more analyzation as to why the price of XRP increase I'd say before further invest or throwing money to XRP just to make sure.

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November 26, 2020, 07:26:51 AM
 #35

There are a couple of weeks left before the snapshot happens. The price had been crazy this past days and correction is to be expected. Maybe a few days before the snapshot the price will start climbing up again as many people wants a piece of Spark airdrop.
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November 26, 2020, 07:52:52 AM
 #36

XRP is one of the few good coins, in as much as it is highly centralized, but yet the team and community never fails to keep the coin going.

I would say it is a "good" coin only because you can probably believe that the issuers will never let it fall to zero for as long as they have an interest in it. But sorry to say,,, I do not think there is a community keeping the coin going at all. I do not know anyone using Ripple other than for trading and gambling:) What community?

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November 26, 2020, 08:27:28 AM
 #37

XRP got a chance to go back to its prime which is 4$ in 2017. It has a hard establish background and has been on the long run with ETH and BTC, so it wont be surprising if its pumping now it almost reach a dollar this year to pumping it next month or next year is not impossible to happen.
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November 26, 2020, 08:32:31 AM
 #38

It's my first time to Buy XRP last October 31 at a price of
0.22$. I just tried out of curiosity since there is only few kind of coins in my local wallet (BTC, ETH, BCH and XRP). I notice that in just few days the price grow without any idea that there is going to have fork on December 12.
XRP Fork news



With that in mind, I decided to hold the coin up to now and suddenly (Luckily) the price pump. Im not actually a fan of altcoins, so when I saw the price have already matured, I instantly convert my XRP. Without knowing, I saw a news why there is a sudden crash on the price. Coinbase goes down and in seconds, the price went down.

I really get a good amount of profit. Do you also get the chance to convert?




It's good for you Mate! you are lucky that you bought it for $0.22 cents per XRP. It was already tripled in terms of value and the profit is already good too. But today the XRP price was dipped and moving around $0.56- $0.59 cents per XRP. if the true reason was the "Coinbase goes down? I was confused what was the connection? I have also some XRP in my portfolio and I won't sell it until it did not reach $1 per XRP price level. I'm using XRP in most of my transaction that's why it's a big deal to me, I'm only hoping that the Market will not lose its steam to drive the cryptocurrency prices further.  
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November 26, 2020, 09:28:53 AM
 #39

I heard about this, XRP is really bullrun. I was also completely surprised to see my funds go up, as it has been a long time since i have seen XRP prices so high. But without doubt and fear, i think XRP lovers and supporters are delighted at the current price of XRP.

The price of XRP crashed due to a sudden drop in Bitcoin price and we need not worry about the current market situation, without drop, it is impossible for Bitcoin and XRP to increase their prices. So we should always wait for another wave of Bitcoin to increase it's a price to new ATH in the coming days and this will surely help the XRP to increase it's a price to new ATH.


Not just XRP got crashed due to a drop in bitcoin, but the other coins have the same thing. The crypto market now is getting correction, and maybe it will stay like that until the weekend. But we have more chances to see the crypto market will rise again in the next week, so we can use this moment to buy any coins that we want. You need to search for the other coins besides XRP because we never know which coin can increase later in the next bull run.

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Ridwan Fauzi
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November 26, 2020, 09:42:08 AM
 #40

On binance exchange XRP price only reach $0.79 hasn't reached $0.8 as far as I know. If that happen, this is the big gap from two exchange, can you convince that? It is impossible a coin which has a big different price in two exchnges. It is not XRP only but most of altcoin even bitcoin have met a correction, yeah I just hope that this decreasing price is a correction only. Because we can see this thing a week ago, on the same day almost crypto currency price were decreasing but there weren't take a long time to recover.

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