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Author Topic: XRP TRADING SUSPENDED  (Read 596 times)
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January 01, 2021, 06:44:49 PM
 #21

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .

Don't be surprised by the negative news about Ripple. It's a shame for investors, of course. But how could anyone have predicted such a course of events? Exchanges refuse to cooperate, because the listing of unregistered securities can threaten them with serious problems.
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January 01, 2021, 08:49:27 PM
 #22

Don't be surprised by the negative news about Ripple. It's a shame for investors, of course. But how could anyone have predicted such a course of events? Exchanges refuse to cooperate, because the listing of unregistered securities can threaten them with serious problems.
No one predicted that it will come to them until SEC has given the lawsuit. Then most of the predictions about them falling started to get back. But as it's a very hot topic. Grayscale is buying all the cheap XRPs.
(https://coingape.com/grayscale-didnt-dump-xrp-instead-they-bought-another-12-million-more-on-new-year/)

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January 01, 2021, 09:08:09 PM
 #23

I think the decline in XRP prices due to news related to Coinbase's planning to suspend it for a while. There will definitely be investors who are
interested in buying XRP whose prices are falling, because in my opinion not all exchanges will suspend XRP. So based on my research, the price of
XRP could go up again, so this is our decision. Keep believing in the potential of XRP, or play it safe by selling the XRP we have. It's all up to
everyone's choice, I myself decided to play it safe by selling all the XRP I own.

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January 01, 2021, 09:11:57 PM
 #24

Looks like major platforms are delisting XRP. This is going to hit them harder after this SEC lawsuit. I have seen a thread where someone shared how desperately ripple was trying to keep their coins listed in exchange. They even managed to get one exchange to keep on listing them and open a contest where XRP traders will receive USDT based on the amount of XRP they deposit/withdraw. It is more like they are wanting people to keep the volumes up.
Lets see what happens in the future. Everything looks totally against them.

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January 01, 2021, 09:43:09 PM
 #25

Looks like major platforms are delisting XRP. This is going to hit them harder after this SEC lawsuit. I have seen a thread where someone shared how desperately ripple was trying to keep their coins listed in exchange. They even managed to get one exchange to keep on listing them and open a contest where XRP traders will receive USDT based on the amount of XRP they deposit/withdraw. It is more like they are wanting people to keep the volumes up.
Lets see what happens in the future. Everything looks totally against them.
They would really be having that kind of last resort to make the volumes look high even though they had been kicked or delisted out on major exchanges.

Trying to check out its current price then it is typically heading to the grave.If this SEC issue cant really be resolved out then that would really be a big problem
by the team and investors itself.

You cant blame out people not to react nor pull off their funds.If you do saw the situation where government had already take some involvement
then its normal to have these kind of reactions specially to big platforms out there.

R


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January 01, 2021, 09:53:42 PM
Last edit: January 04, 2021, 11:27:14 PM by seleme
 #26

XRP price fall was logical after the bad news, the traders were in rush to sell XRP and buy more BTC later. After the price fall in BTC, the same traders will go for the XRP and buy more XRP from cheaper prices. It is the same in all markets almost but having a second B plan can save the XRP traders in case of falling below $0.14. Below this price level, it is meaningless to hold more underwater trades, so I will also join the bear side of XRP traders. Hope the price recovery will happen soon, so we can find a gold balance between the uptrend and bad news effect.

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January 01, 2021, 10:21:52 PM
 #27

Looks like major platforms are delisting XRP.
Which platform in particular are you talking about? cause I only read about trading suspension while delisting to happen on the 13th of this month and if care is not taking by the XRP team this coin will be history but I still don't why some crypto investors are so naive to the extent of investing in the coin like XRP which have no genuine important/benefit for the crypto community.

I have seen a thread where someone shared how desperately ripple was trying to keep their coins listed in exchange. They even managed to get one exchange to keep on listing them and open a contest where XRP traders will receive USDT based on the amount of XRP they deposit/withdraw.
That's one of the logic they usually use to entice investors and I hope people won't fall for it though.

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January 02, 2021, 03:52:54 AM
 #28

Suspending xrp trading is different from delisting it. It just simply implies that those well known crypto enchanges still have a faith and hope that xrp will be able to overcome this lawsuit by the US SEC. I have a strong feeling that coinbase and other major exchanges that suspended the trading of xrp will cancel its suspension after just a short span of time.

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January 02, 2021, 06:48:01 AM
 #29

At first XRP was good but now I don't know why many exchanges are de-listing XRP. But I had to hold some XRP but sold some before. I still have some XRP. Will I sell these coins now? There are a lot of big brothers here, they must give me the right advice, I hope you will find it easier for me.
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January 02, 2021, 07:10:30 AM
 #30

At first XRP was good but now I don't know why many exchanges are de-listing XRP. But I had to hold some XRP but sold some before. I still have some XRP. Will I sell these coins now? There are a lot of big brothers here, they must give me the right advice, I hope you will find it easier for me.

Personally I believe it's better to sell your coins when you have a price as Ripple is going to have a rough road ahead. Though this blow won't kill it but a large part of Ripple holders and traders lies on the group that would be mostly affected by the ban of US citizens for trading Ripple on centralized exchanges. There are no solid P2P and decentralized solution for Ripple and they have no specific niche of use.
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January 02, 2021, 07:13:36 AM
 #31

At first XRP was good but now I don't know why many exchanges are de-listing XRP. But I had to hold some XRP but sold some before. I still have some XRP. Will I sell these coins now? There are a lot of big brothers here, they must give me the right advice, I hope you will find it easier for me.
For now the XRP token has not yet been resolved with the issue of a lawsuit from the SEC, so it will be very risky if you maintain the token at this time, especially since some large exchanges will remove XRP tokens from their token list, of course this is very bad thing for XRP token holders, So a little advice for you so that for now you don't hold that token anymore and release everything into the market that is still there, and if later XRP has finished its problem, then that's when you can buy it back, this is only for a while.
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January 02, 2021, 07:17:29 AM
 #32

With all those exchanges delisting and suspending XRP it will be a matter of time before traders will look for an alternative but if your balls is made of steal you can longed it and see where it goes.
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January 02, 2021, 07:39:03 AM
 #33

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .

Binance is also suspending the trading of XRP for US users in Jan 2021 and might also affect the price. In the crypto market, it is always helpful to follow news if you are looking to invest.
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January 02, 2021, 09:37:16 AM
 #34

I believed that xrp has a very high possibility to win the lawsuit from the SEC which made several major exchanges only suspend the trading of ripple but not delisting it which for us xrp hodlers is a very good thing and good scenario for us.
Its a must for XRP or else, don’t expect this coin to survive if they lose to SEC. Most exchanges announced to suspend the trading pair with XRP and its indefinite, no one knows when it will be lifted so I suggest, you transfer your XRP to a wallet where you have your own keys like the hardwallet because if you just stay XRP on exchanges, you’ll experience big problem if something goes wrong.
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January 02, 2021, 11:04:44 AM
 #35

At first XRP was good but now I don't know why many exchanges are de-listing XRP.
Because exchange doesn't want to be banned if they still listing it.

But I had to hold some XRP but sold some before. I still have some XRP. Will I sell these coins now? There are a lot of big brothers here, they must give me the right advice, I hope you will find it easier for me.
Maybe you must be researching again about xrp and developer behind. as you know all cryptocurrency has fluctuated price If you want to stable, buy gold or any stable coin.

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Sled
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January 02, 2021, 11:24:00 AM
 #36

I believed that xrp has a very high possibility to win the lawsuit from the SEC which made several major exchanges only suspend the trading of ripple but not delisting it which for us xrp hodlers is a very good thing and good scenario for us.
Better give up it now, XRP can be in doom soon. I think that some XRP holders are already sold their holding coz they are able to see the sad ends of XRP in the crypto market. Known exchanges are already delisted for the reason that this centralized coin will hardly able to win the case. Thus, if you are thinking that it gain back to its previous price, you will be desperate to wait for it for many years.
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January 02, 2021, 11:30:54 AM
 #37

Well, what else should cryptocurrency exchanges do, of course, after the SEC announced that they would be suing XRP, all the top cryptocurrency exchanges began to delist XRP, so this is most likely the end for XRP, although the trading volumes with XRP pair are still too huge...
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January 02, 2021, 11:34:13 AM
 #38

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .
Do not worry, I am quite confident that ripple will be ablento fight back and come out of this crisis and their legal team will sort out things professionally with SEC as xrp is the third largest coin in the market so it will not be an impossible task for them.

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January 04, 2021, 08:35:29 AM
 #39

I believed that xrp has a very high possibility to win the lawsuit from the SEC which made several major exchanges only suspend the trading of ripple but not delisting it which for us xrp hodlers is a very good thing and good scenario for us.
As long as there has been no official decision from the court, Xrp still has a chance to bounce back. I am sure that the Ripple development team will never give up and will continue to strive to win the lawsuit from the SEC, because they didn't want the work they had done for seven years to end just like that.

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January 04, 2021, 12:51:34 PM
 #40

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .

I think it will be difficult for the price of XRP to increase again, because not only coinbase suspended XRP, but many other exchanges have also suspended XRP, so this makes investors hesitant to invest in XRP until Ripple problem with SEC is resolved (but the price of XRP will increase if Ripple wins against SEC and if Ripple loses then it will be difficult to make XRP price increase again).

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