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Author Topic: XRP price Hit $0.9, suddenly goes down in second  (Read 696 times)
Oneandpure
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November 30, 2020, 06:06:36 AM
 #61

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?


If I have much money I will try with different way how to earn profit during hardfork from XRP, I know many people most interested with new coin hardfork exactly with bigger coin like XRP almost investor will buy and hold XRP until snapshot coming and try to sell ripple. You can take chance to earn profit without waiting hardfork time buy investing and hold xrp begin from now, you hold until few days before hardfork time and sell ripple, you will get more than 100% profit from ripple coin. Right now still several investor have buy and many of them waiting few days when hardfork coming, so give chance to make ripple one or two days before hardfork make price suddenly up to higher and you can sell it at this moment.

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shoreno
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November 30, 2020, 06:16:46 AM
 #62

what do you mean by coinbase goes down , its their platform that go offline ? but why it affects the price so much . xrp dump was not shocking because btc do also dump lower than that but thanks for the info in xrp , i did not know that xrp are going to have its fork this coming month and i was one of those people that questions xrp on why it did pump  but that can be the reason why . congrats to you too that you succesfuly convert and earn a profit before the dump happens and now its your time again to buy .
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November 30, 2020, 08:49:08 AM
 #63

what do you mean by coinbase goes down , its their platform that go offline ? but why it affects the price so much . xrp dump was not shocking because btc do also dump lower than that but thanks for the info in xrp , i did not know that xrp are going to have its fork this coming month and i was one of those people that questions xrp on why it did pump  but that can be the reason why . congrats to you too that you succesfuly convert and earn a profit before the dump happens and now its your time again to buy .

Coinbase always goes down during these huge price spikes (or also price crashes AFAIR) but most of the time I think it is not because there is too much traffic, but because the platform does not dare to have to get their userbase angry from instant liquidations when price moves in the wrong way.

XRP dump was definitely bound to happen this is what you get when the token is just used for claiming airdrops;)

.
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November 30, 2020, 09:25:30 AM
 #64

XRP prices fell because there was indeed a correction like Bitcoin, so there's no need to panic. For Coinbase it often goes down,
so it slightly affects the price of some coins. But it won't last long, I believe that within a few days the XRP price starts to recover,
and will pass the price $ 1. So the HODL XRP remains calm, because XRP is indeed a very good coin and is included in the top 3
cryptocurrencies. Therefore, investing in XRP is indeed the right decision, stay patient and wait for the XRP price to return to
the pump again.

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November 30, 2020, 09:26:23 AM
 #65

what do you mean by coinbase goes down , its their platform that go offline ? but why it affects the price so much . xrp dump was not shocking because btc do also dump lower than that but thanks for the info in xrp , i did not know that xrp are going to have its fork this coming month and i was one of those people that questions xrp on why it did pump  but that can be the reason why . congrats to you too that you succesfuly convert and earn a profit before the dump happens and now its your time again to buy .
Ofcourse one of the reasons for the XRP pump is because of this SPARK airdrop. but I'm not really sure what happened to the dump that happened few days ago. yes maybe it has something to do with bitcoin, but i don't think so. There are other factors affecting the sudden dump

Golftech
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November 30, 2020, 09:44:46 AM
 #66

XRP prices fell because there was indeed a correction like Bitcoin, so there's no need to panic. For Coinbase it often goes down,
so it slightly affects the price of some coins. But it won't last long, I believe that within a few days the XRP price starts to recover,
and will pass the price $ 1. So the HODL XRP remains calm, because XRP is indeed a very good coin and is included in the top 3
cryptocurrencies. Therefore, investing in XRP is indeed the right decision, stay patient and wait for the XRP price to return to
the pump again.

With this incoming snapshot the chance that XRP will bounce back is really high,
investors and traders will comes up to buy and hold for a while, riding with the
possibilities that they'll be able to get something good from from this fork. You
need to work on'it if you are trying to get somethingfrom this current pumped.
Iyeman
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November 30, 2020, 10:44:16 AM
 #67

what do you mean by coinbase goes down , its their platform that go offline ? but why it affects the price so much . xrp dump was not shocking because btc do also dump lower than that but thanks for the info in xrp , i did not know that xrp are going to have its fork this coming month and i was one of those people that questions xrp on why it did pump  but that can be the reason why . congrats to you too that you succesfuly convert and earn a profit before the dump happens and now its your time again to buy .
Ofcourse one of the reasons for the XRP pump is because of this SPARK airdrop. but I'm not really sure what happened to the dump that happened few days ago. yes maybe it has something to do with bitcoin, but i don't think so. There are other factors affecting the sudden dump
I guess coinbase was doing the pump for XRP and this is also happening so many times. I remember this thing ever happened with ethereum and bitcoin too. The spark coin has been creating a pump for ripple but this flash pump caused by coinbase and that's why coinbase was doing an urgent maintenance.
There's something wrong with coinbase.

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November 30, 2020, 02:12:49 PM
 #68

Xro is one project that really surprised and impressed me to be frank. The price skyrocketed and it became the tall everywhere and those that used it to leverage and do future trading really profited very well. Though price us a bit low now but the coin really did magic lately and will likely do more.
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November 30, 2020, 04:59:42 PM
 #69

If you look at the current conditions, the XRP price should be able to reach a new high price because until now bitcoin has reached the new ATH so XRP should be able to catch up and make a breakthrough for many people who support it.

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December 01, 2020, 04:30:23 PM
 #70

Yeah, I think it was around last week that the price reached $0.92 or so and then it dropped again. But I didn’t buy XRP, and I have never invested in it before but it has always been one of those coins that has been on my radar for long, though I have not really made any move to investing in any of them. I have only invested in few coins (Bitcoin, Ethereum, Litecoin, Stellar, and Wrapped-DGLD).

Stellar has also gone up and I got profit, same thing with Bitcoin and Ethereum. Wrapped-DGLD is the one that hasn’t been doing really great, although the decrease in price isn’t much, from $178 down to $176. XRP is now $0.62. might be taking a move soon.

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December 01, 2020, 05:09:55 PM
 #71

We can’t predict the market, it always change every second. I bought xrp four days ago and I am planning again to buy xrp. I am thinking that xrp will go up until February 2021 though it also go down, but it doesn’t bother me. Maybe one day 1 xrp will cost $1 and I am very happy about that because in that day I will have a lot of xrp.

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December 01, 2020, 05:15:20 PM
 #72

what do you mean by coinbase goes down , its their platform that go offline ? but why it affects the price so much . xrp dump was not shocking because btc do also dump lower than that but thanks for the info in xrp , i did not know that xrp are going to have its fork this coming month and i was one of those people that questions xrp on why it did pump  but that can be the reason why . congrats to you too that you succesfuly convert and earn a profit before the dump happens and now its your time again to buy .
Ofcourse one of the reasons for the XRP pump is because of this SPARK airdrop. but I'm not really sure what happened to the dump that happened few days ago. yes maybe it has something to do with bitcoin, but i don't think so. There are other factors affecting the sudden dump
I guess coinbase was doing the pump for XRP and this is also happening so many times. I remember this thing ever happened with ethereum and bitcoin too. The spark coin has been creating a pump for ripple but this flash pump caused by coinbase and that's why coinbase was doing an urgent maintenance.
There's something wrong with coinbase.

I hate it when some exchanges start unplanned maintenance at the moment that traders are looking forward to. Intensive movements begin in the market, but I cannot work with my funds and, as a result, I incur losses. I cannot call this a normal attitude. This is just a diversion on the part of the exchange, in its favor.
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December 01, 2020, 05:49:50 PM
 #73

I sold XRP at the ATH price in November, but I had no luck with the buyback during the correction because it had not yet reached the predetermined buyback target. I applied for short trades because it will give you many times more profit than you hold for now, but I have to consider correction targets for buying back.

At least you sold at ATH, the most important thing is making profit. Sometimes not entering a trade position is also a wise decision, if for instance you did not get in again because it didn't go to your desired buy entry level, then its OK. Personally I don't force trades, even though I made some profit swinging XRP.
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December 01, 2020, 05:53:30 PM
 #74

I consider this a great time to speculate and act.

This is market correction which I believe is necessary for what I hope to be relevant towards the last few weeks of this year. The fact that Flare is being 'Airdropped' on all XRP holders should bring a lot of positivity, and  hence this is a great time to buy and hold XRP. The price volatility as it has been today allows for a good entry, and if you're worried you can always add that 'stop-loss' feature  Wink
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December 01, 2020, 07:08:38 PM
 #75

... by the way, for the OP i think the main cause whyxrp price going down in second in that time is because of profit taking actions from the whales

When the entire market falls, you need to watch bitcoin. And we saw that after the price of BTC was adjusted to 16.5 thousand dollars, the entire cryptocurrency went to be adjusted as well. There are exceptions to the rule when the price of a coin rises and BTC falls, but this does not apply to XRP in this case.

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December 01, 2020, 08:05:14 PM
 #76

the upcoming fork is a strong fundamental for the price to move up. actually $0.9 is not an impossible price for xrp to attain. ripple is a coin with many potentials and good history

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December 01, 2020, 08:19:48 PM
 #77

I sold XRP at the ATH price in November, but I had no luck with the buyback during the correction because it had not yet reached the predetermined buyback target. I applied for short trades because it will give you many times more profit than you hold for now, but I have to consider correction targets for buying back.

Your decision of buying back is great and I also grab the chance while pricr declines better everytime if falls, because applying short trades could boost up your xrp amount so you'll have more chances of gaining. For a meanwhile, I am choosing to hold my coins instead of selling them before another bounce initiated. Corrections might be unpredictable but don't be afraid, just maintain a good stand before it happens.

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December 01, 2020, 10:42:29 PM
 #78

It is a real expect the unexpected situation. After seeing a price pump that happened on XRP after waiting for that long, we have seen a bit of a second that the price dumps which is practically devastating for those who bought it at the high price and a good move for the XRP holders who have taken the chance to take their profits before it dips down right after the pump that happen. We can really never tell what changes can happen in a certain coin the moment it experience a sudden pump and dump so we must keep being observant and keep up to date on the latest news and happenings.

the upcoming fork is a strong fundamental for the price to move up. actually $0.9 is not an impossible price for xrp to attain. ripple is a coin with many potentials and good history

Let us just all wait and see if the expectation will be met once the upcoming fork comes into our calendars if we can still see another chance for XRP to reach $.90 that is indeed not impossible to make happen. But better yet to just wait until such time comes so we can further experience it before our eyes to see it become true.

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December 01, 2020, 11:02:57 PM
 #79

No coin can be always higher for every pump always ended with corection, that's why people should not just hold their token, they must always follow up the price, if they think the price already pumped sharply they should to sell it rather for profits and if they want it again, they can buy it after correction.

But dont worry about that XRP can hit it again for sure

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December 01, 2020, 11:14:06 PM
 #80

I saw the chart of XRP, it really has a very fast increase only in several days, leaving other altcoins at that time S there any good issues why is XRP being like this? And now, the price comes back to $0.615785 again. Although it is actually already in the increasing price, I really hope that the price may hit $1 this year. Is there any correlation between the fast increase and also a fast decrease in the XRP?

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