XRP Rallied by 91% In The Last Month

[darkphoenix2610]

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

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[JeffBrad12]

I have seen someone has been creating the same topic with your first question in another thread.
10 or 20 just another a non sense speculation by people who can't even see the situation. It's not yet even touching $1. That means it's a very long journey to see that happen. People should wait until 2070 to see XRP will reach $10 at least.
Those guys are trolling with their non sense prediction. So many people have talked about the possibility for ripple to touch $1 again but it's having only a small chance.

[darkphoenix2610]

I have seen someone has been creating the same topic with your first question in another thread.
10 or 20 just another a non sense speculation by people who can't even see the situation. It's not yet even touching $1. That means it's a very long journey to see that happen. People should wait until 2070 to see XRP will reach $10 at least.
Those guys are trolling with their non sense prediction. So many people have talked about the possibility for ripple to touch $1 again but it's having only a small chance.

They said that Ripple (XRP) is going to burn 50 Million, isn't that huge? But another news came that Ripple (XRP) will leave U. S.  and I think this could give a bad impact on the Ripple (XRP) https://www.coindesk.com/ripple-leaving-usa. Now we can see that XRP is playing around .60$.

[bhadz]

It is because of the airdrop of Flare. I cannot think of any other reason why it's bumping this time. But with the sudden news of the airdrop.
Everyone saw it an opportunity and that made the demand higher and made XRP's price pump.

[aysha9853]

because there is an Airdrop Flare for XRP holders, so currently investors are buying XRP to get Token Flare, maybe after the token flare is distributed to XRP holders, the XRP price will likely decrease

[masterrex]

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

I'm an XRP user in most of my transactions because it's fast and one of the cheapest TX fees, But related to that price speculation, Honestly speaking I don't believe that crap! because that was too good to be true, XRP has a huge coin supply in circulation that's why it's not that easy to pump XRP price to that level without any appropriate reasons that's why it is not possible even in the near future.

[electronicash]

The link above isn't going anywhere. $10 is good but then there must be a really good reason for its price to go that high. The flare token airdrop made short time investors go buying XRP but by the time Flare token will be distributed, I think they will all be dumping as well.

There is also speculation that CBDCs are trying to make use of XRP and its blockchain but this could just be a rumor. Its not a strong indicator but lets wait for it.

[darkphoenix2610]

The link above isn't going anywhere. $10 is good but then there must be a really good reason for its price to go that high. The flare token airdrop made short time investors go buying XRP but by the time Flare token will be distributed, I think they will all be dumping as well.

There is also speculation that CBDCs are trying to make use of XRP and its blockchain but this could just be a rumor. Its not a strong indicator but lets wait for it.

I guess os, after the Flare Airdrop the Ripple (XRP) holders will dump their token so it will create a massive dump on the price of XRP. During the time of announcement about the Airdrop XRP went as high as .85$, now just in the range of .60$.

[MandatoryOption]

"Hey XRP just pumped 90% in the last month. Is that a sign it will pump another 3000% in the next 6 months?"

Ripple at $10 would mean a market cap of 453 billion USD, more than the current market cap of BTC, ETH and XRP combined. How delusional does anyone have to be to believe such "predictions"? Are your XRP bags that big?

[tvplus006]

because there is an Airdrop Flare for XRP holders, so currently investors are buying XRP to get Token Flare, maybe after the token flare is distributed to XRP holders, the XRP price will likely decrease

The upcoming airdrop of an unknown coin can't change the price of XRP that much. I do not rule out the possibility that XRP is waiting for a dump on the eve of the airdrop scheduled for December 12. The market always goes against the crowd, so all those who specifically bought a coin to participate in airdrop can get a loss.

[darkphoenix2610]

"Hey XRP just pumped 90% in the last month. Is that a sign it will pump another 3000% in the next 6 months?"

Ripple at $10 would mean a market cap of 453 billion USD, more than the current market cap of BTC, ETH and XRP combined. How delusional does anyone have to be to believe such "predictions"? Are your XRP bags that big?

I don't know if the pump made in the last month is a good sign though there are news came out supporting their claim to pump it just like their partnership with Bank of America which most says it will pump to 10 to 20 dollars, but there is this news also contradicting that claim which is the threat of Ripple CEO that they will be going to leave U.S. and that is regrading the regulations. That news I believe that has a bad impact on the price of XRP.

[totoy4741]

 The reason might the incoming Spark token snapshot by XRP which is supported by various crypto exchanges and wallets including binance on Dec 12 and the speculations of 50BLN token burn will was force to do by the community. There have some article links and videos on youtube regarding the token burn.

[Ridwan Fauzi]

I'm not a hypocrite that this coin has a good future, especially at fundamental factor. As you may know, how many banks on this world which use XRP for sending money tool? I guess a lot.

So, I'm not weird if sometime this coin has a good price as you mentioned but I'm not weird as well if this coin price just dumped a lot since this coin is centralized where there is some people who will hold a lot of XRP on their wallet and they can sell it anytime.

And recently I read an information from coinbase exchange, they will give a spark token for those who hold XRP on coinbase exchange. This news will push some people to hold XRP and even will encourage for many people to buy XRP as much as they can.

[Genemind]

People are waiting for the Flare airdrop this coming December 12. However, I've read an update about the airdrop distribution where only 15% of the amount you are holding on supporting wallets or exchange will be distributed that day and the other 85% will be distributed within 24 months or so, one of my friends forwarded a screenshot of the update so I don't have a link to share.

[fridrix21]

Ripple has grown so much just because of the upcoming SPARK airdrop on December 12, and it didn't even get to $ 1 on this news. So I don't believe it will go up to $ 10 in 2021.

[kkaroul4]

Looks like the XRP have been in a lot of topics lately due to its price increase users who bought before it increase really do gain good profit out of it looks like some investors are now looking on the potential of the XRP.

[zulfi125]

The news about the $10 to $20 price of XRP is just speculation and making a profit by whales, but I think will the price will be reached at $2 to $3 by the end of 2021 and 91% growth due to BTC price rise from $13700 to $19000 and also some good news about XRP that is flare network airdrop is coming on 12 December and also partnership with big banks.

[djgtr]

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

I've already got this insights, and as per observations together with a friend who shares an analysis xrp would gain unti $6. Your projection was further too high and that's really expensive for xrp in the near future. Let only have the optimized value to avoid certain frustrations when we fail on our holdings.

[plr]

XRP rallied by 91% in the last month, what could be the reason behind it? There is also news speculating that Ripple (XRP) will reach 10 to 20 dollars at the early stage of 2021. Would it come true? What are your thoughts on these guys?

Sharing this article: https://crypto.co/.../why-xrp-rallied-by-91-in-the-last.../

It's because of the flare token airdrop many investors are buying because of the airdrop right but once they received the airdrops or snapshots happens expect the price to drop I don't believe it will reach $10 in 2021 it's having a hard time to even reach $1 even though there is an airdrop coming.

[Billo_]

XRP will drop really hard when it gets considered a security by US SEC. Nobody really knows if XRP can survive if it gets sued because it might give a huge money penalty to XRP and devs need to sell all XRP to avoid getting send to prison.