XRP Rallied by 91% In The Last Month

[LogitechMouse]

Some might say that the recent airdrop has made the price of Ripple rallied but I believe that it isn't the sole reason to it.

Lets face it. I'm a huge hater of Ripple years ago when I'm really starting to learn crypto since most of the users here and the people out there saying things like "Ripple is a scam" or "Ripple is useless" etc. This changed throughout the years because lets face it. Ripple has a very huge community (not as huge as other coins though) and they are active so one good news might pump the price of Ripple in just a few days. Probably fundamentals and technicals also helped those investors to invest into Ripple but a rally like this isn't uncommon already because we've seen other coins rallied even higher than this.

[MCobian]

To be honest, I was quite surprised by the increase in XRP prices, after I tried to find information about the cause of the XRP price increase,
did not find a satisfactory answer. Most people think it's due to airdrop Flare for XRP holders, but I doubt the reason. Because the Flare airdrop
was not strong enough to make XRP increase. I think there is a relationship with banks that support XRP so far, maybe this is their doing.
Then regarding the speculation that XRP prices will reach $ 10 - $ 20 in early 2021 is not possible, because the target is too high for XRP to be
able to achieve. More realistically XRP early next year will hit a price of $ 1.

[yazher]

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.../

Although the price of XRP has reached an unexpected surge this past few months, the speculations of the other people have gone too far because they speculated too much than the unexpected price. with the current state of the market today, it's no surprise for us to see the current price of XRP rise to its normal level and today it even raises up to 91% than its past price. We will see if the market has subsided and the price of XRP still not budging then expect good news in the future.

[shinratensei_]

This is understandable when Bitcoin rose to $ 19,800 and it dragged XRP along. I think XRP could go up to $ 1. If Bitcoin hits $20,000, there will be many surprises in 2021.

We are very close to the date when snapshot will be taken and it's a very difficult thing for XRP could defend its position. There are so many people already prepared their XRP to be liquidated in the market when the snapshot has taken. BTW this is a strategy by them all to get free money from XRP. They are not interesting with the usecase of XRP.
You will be seeing XRP gets dumped even deeper.

[bryant.coleman]

For a manipulated shitcoin such as XRP, it is not that hard to get a major rally. Only around 10% of the total supply is in free-float, and therefore it is much easier to manipulate the prices due to limited liquidity. But things can change, if the promoters (who hold 80% to 90% of the total supply) are going to dump some of their holdings in the market. If that happens, rather than a 91% spike, we will be getting a 91% dip.

[maydna]

This is understandable when Bitcoin rose to $ 19,800 and it dragged XRP along. I think XRP could go up to $ 1. If Bitcoin hits $20,000, there will be many surprises in 2021.

Perhaps, the altcoin season needs to wait for the bitcoin price increase and break $20k. But we never know if XRP can go up to $1, although I still waiting for the XRP price to go to more than $1

But this time, XRP goes down again following bitcoin price, and we don't know until how deep the price will be bouncing up again. But we can use this time to buy more amount of XRP, and perhaps, we have a chance to get an airdrop from Flare. If that happens, we can have the opportunity to make an additional profit from the token.

[istiak2277]

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.../

XRP price of 10 to 20 dollars is a dream I think. A token will 100 billion total supply is not easy to touch that level even BTC hit 50k in 2021 which also looks non-achievable. Recently rally is also done by the project team and they bought 48M worth of XRP. Also, spark token airdrop also help it a little bit to continue the rally.

[maxreish]

Probably many possible reasons and one of those are;
 
 -the flare network airdrop partnership
 -US Bank and other Banks confirmed  xrp partnership too
 
 This rallied proves that xrp is still worth to hold for as a long term investment. The massive bull run following btc steps makes it more valuable. I've just heard xrp in purchases for gaming industry has been accepted by some gaming companies, which I think this kind of adoption urge the xrp moves upward.

[Princejebs]

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 have a friend who bought Xrp at $1 he his still bullish on Xrp, he hasn't sold any from his portfolio. I'm wondering when he will make back his capital and probably profits 
Somebody said advice every other people but ignored Xrp holders. I can't hold a coin without development or probably said mainstream has ignored their actions.
I hope they recover soon with the burning strategy.

[JeffBrad12]

This is understandable when Bitcoin rose to $ 19,800 and it dragged XRP along. I think XRP could go up to $ 1. If Bitcoin hits $20,000, there will be many surprises in 2021.

I think that you are missing something here. We are very close to the spark token airdrop and everyone will get their airdrop based on how much they have owned XRP coins on their wallet. Bitcoin could not easily surpassed 20k rate and it was going down again to the 17k just in a few hours. That means the support in bitcoin market is not so strong as it was before.
RIpple itself will be impossible to touch a dollar as its valuation. Even bitcoin was touching 20k and it will not happen.

[Mata Kripto]

whether true or not but many speculate that the increase in the price of XRP was driven by the increase in the price of BTC itself, then there was news that XRP launched an airdrop on its platform. this drew the market sensation back. The competition for crypto is getting tougher and each new or old project starts launching another new breakthrough.

[maartenhaha]

I have a friend who bought Xrp at $1 he his still bullish on Xrp, he hasn't sold any from his portfolio. I'm wondering when he will make back his capital and probably profits 

I also have a friend who bought XRP for $1 and he really hopes XPR will grow to $1 before the airdrop starts. XRP is most likely to be worth $1 in the near future, but it is likely that the price will be dumped after the snapshot is over.

[ScamViruS]

I have a friend who bought Xrp at $1 he his still bullish on Xrp, he hasn't sold any from his portfolio. I'm wondering when he will make back his capital and probably profits 

I also have a friend who bought XRP for $1 and he really hopes XPR will grow to $1 before the airdrop starts. XRP is most likely to be worth $1 in the near future, but it is likely that the price will be dumped after the snapshot is over.

The price of that coin can be changed in the market for a short period of time by creating the hype of airdrop. So here it is expected that the price of xrp is also going to change, since your friend has bought xrp at high price then he should wait till airdrop. As you said, after taking Snapshot, we will see a big dump on the price of xrp, so you have to be prepared in advance so that you do not have to face unexpected situations.

[elisabetheva]

whether true or not but many speculate that the increase in the price of XRP was driven by the increase in the price of BTC itself, then there was news that XRP launched an airdrop on its platform. this drew the market sensation back. The competition for crypto is getting tougher and each new or old project starts launching another new breakthrough.

it is hard to guess xrp because it always does things out of the ordinary but hopefully in the future, like what you said, there are improvements from xrp to be able to keep moving to improve and the management is always active with new innovations.
I believe that yesterday's increase was due to the encouragement of bitcoin not from positive activities carried out by xrp alone.
xrp is a good token but sometimes it always makes uncontrollable actions that make the price go down.

[lumierre]

There is an opinion that the rise in price is due to the fact that Bitcoin has almost reached its historical maximum. In this regard, retail investors began to pay attention to alternative cryptocurrencies, which by historical standards are far from their price limits.

[fishbonez11]

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.

10$ is impossible to happen this 2021. There is no easy money, the profit that people are getting is just from the hype the airdrop is causing and wrong decision from trading. People should think that money is not just easily created, it must be something from a great project. Before Bitcoin have reached its state, it took a lot of years. I see the potential for XRP but its not logical to think that it will pump the expected price.

[WalkerIVIV]

I have a friend who bought Xrp at $1 he his still bullish on Xrp, he hasn't sold any from his portfolio. I'm wondering when he will make back his capital and probably profits 

I also have a friend who bought XRP for $1 and he really hopes XPR will grow to $1 before the airdrop starts. XRP is most likely to be worth $1 in the near future, but it is likely that the price will be dumped after the snapshot is over.

It's not likely to happen in a short time and there's a possibility for the price of ripple will go down again when the distribution for spark token will have started.
People should see how much each spark token will worth. is not it better to suggest your friend to sell some and then buy again at the dip?
I have some friends that are doing the same thing too.

[jademaxxiss012]

It even surpasses to 100% but this is not the ideal price for XRP actually for before the market crashes XRP averaging 0.60$ per XRP and when compared to the current market which is more likely the same with the market before. However, XRP had been reaching 4$ before recorded and I am afraid that this is not the ATH I wanted to see for XRP during these bullish trend for cryptocurrency.

[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.../

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.

I am wondering after the Flare - XRP airdrop what will be the price of XRP then. Will, it going to be a pump or will it go to be dump? Which is which? And how about Flare token, what will be the price? Hope it will be going well.

[peter0425]

It even surpasses to 100% but this is not the ideal price for XRP actually for before the market crashes XRP averaging 0.60$ per XRP and when compared to the current market which is more likely the same with the market before. However, XRP had been reaching 4$ before recorded and I am afraid that this is not the ATH I wanted to see for XRP during these bullish trend for cryptocurrency.

if you are XRP investor then you must keep patient because there are  2 days more before the Airdrop ends and Flare Network with Spark is offering High staking so this may lure investor more ,either today or tomorrow at least.

looking for at least 1$ then i'm good to go.