Ripple XRP Price in january 2021

[dre1982]

But it seems that it's just a big pump group who announced this on Telegram. It looks like this is not the actual pump yet but that buyers are already getting it before the pump. Wondering if the real pump still comes or that it's just some fake news and they gonna dump it all now the price is that high.

Yes, it's the Wall Street Bets thing moving into their second crypto market after Doge.
It's difficult of course to predict what will happen given these rapid price swings. XRP will rise, and then come down... but how far will it rise, and when and how far will it come back down?
It might be instructive to look at Doge, in case XRP follows the same pattern. Doge peaked ridiculously high and came down quickly... but seemed to stabilise well above the initial value. And now it is pumping a bit again, up 34% in 24h.
Obviously XRP is a bigger market and so harder to manipulate, but it's not that much bigger. The way it's going, you'd think it would go over $1 once the real pump starts - if it does indeed start as planned. But a fall back to the high 20c range seems unlikely in the short-term. These new buyers do seem to have a bit of staying power, as evidenced by Doge.

Looks like the price is falling already. It went from 2219 to 1200 within a few hours and it's now hovering around the ~1350sat. Wondering if they even dump it more.

[1714845323]

1714845323

[bbc.reporter]

We do not have to pretend this is not manipulation because it certainly and clearly is manipulation. There is an XRP pump group formed in Telegram with presently 200,000 members that will begin the pump later.
https://t.me/pumpxrp

then they must be have a big whales, but honestly, top 5 coin have a pump group such this seems nonsense to me .

It appears you are correct. The planned pump never occured on the time and date they announced. The worst is XRP was dumped on the followers. It was only a scam. Wallstreetbets has never liked the cryptospace. Why would they pump cryptocoins?

[dezoel]

Ripple may not even "win" against SEC, they already start an investigation against it, and it may end up defending, so it is not going to "win" anything, it is going to just not lose anything. Plus the only good thing about USA at this moment is that their courts are always equal to anyone, you could be president of united states and they will act same to you as anyone else, which is why if XRP is worried about favors tipped against them, that is not going to happen at all, if they are right, that means they will not be found guilty.

However we all know they did break rules, no other coin has a "company" managing the coin and also making a profit over it, all other coins are either decentralized or they have foundations that do not work with the coin to make money, they just help the system and if they get any donation that's it. Ripple was literally using xrp to make money from bank deals, that is illegal without proper registration.

[dre1982]

We do not have to pretend this is not manipulation because it certainly and clearly is manipulation. There is an XRP pump group formed in Telegram with presently 200,000 members that will begin the pump later.
https://t.me/pumpxrp

then they must be have a big whales, but honestly, top 5 coin have a pump group such this seems nonsense to me .

It appears you are correct. The planned pump never occured on the time and date they announced. The worst is XRP was dumped on the followers. It was only a scam. Wallstreetbets has never liked the cryptospace. Why would they pump cryptocoins?

It was just a trick to let others raise the price of XRP and then those whales just dumped their coins.

If there is an announcement for a pump you must be careful. They always want to get profit their self.

[Cnut237]

It was just a trick to let others raise the price of XRP and then those whales just dumped their coins.

If there is an announcement for a pump you must be careful. They always want to get profit their self.

I don't know if it was a trick or not, but I certainly agree with the bit about announcing a pump. If you say that you are going to manipulate the market in a certain way at a certain time, that gives other plenty of time to plan their own opposing strategies.

[Teraboy]

Absolutely,  there will be massive pump coming like what happen to GameStop. There is reddit group also and they doubled xrp over the weekend easily. Let's see if they can pump xrp like dogecoin.

r u sure that come from #WSB ? why they must pump coin like this, its more nonsense to me.

WSB was also contributing for the pump that happened with XRP. If you don't believe it and you can join on its discord group and the members of this group was also actively pumping coin that being traded on binance.
I have also participated on that pump too but the majority of pump will be a short term pump. it's real but it's a high risk.

[dre1982]

It was just a trick to let others raise the price of XRP and then those whales just dumped their coins.

If there is an announcement for a pump you must be careful. They always want to get profit their self.

I don't know if it was a trick or not, but I certainly agree with the bit about announcing a pump. If you say that you are going to manipulate the market in a certain way at a certain time, that gives other plenty of time to plan their own opposing strategies.

They just bought a lot of XRP last weeks when it was that low. Then made some rumours that they gonna pump it and everyone was getting crazy.

Then dumped all their cheap coins and they will go for another coin.

[tygeade]

Looks like the price is falling already. It went from 2219 to 1200 within a few hours and it's now hovering around the ~1350sat. Wondering if they even dump it more.

It was already a known drop and there was no need for it to stay high, so its obvious that people would lose money from this, that is what I am very sad about as well. It is a currency that we all knew that would fall down eventually, it is in investigation and there is a SEC probing going on with Ripple, so it was obvious that there is nothing good about xrp that is going on right now, there is no reason why it should be high.

What happened? Some people pumped it and now dumped it, the price went low so much and now going even lower, and all the other people who got hyped about the pump ended up losing money, there is really nothing we can do to make this work, because its something we never really imagined would be possible, any sane person would have realized it shouldn't be high, but it did, and now there are thousands losing money and there is nothing we can do about it.

[bluebit25]

Maybe we have a tough 2021 start month when the current situation doesn't look good. But the interesting thing is that I am sure those who hold are getting their profits, but prices have had more positive changes. Entering February, perhaps this will be the real decisive time for XRP's future.

[darmin]

My guess is Law suit will be settled and Ripple will get back to its old self.
Long term prospects are good for XRP.
I own Ripple and in it for Long term appreciation.

Your analysis is very correct. Congratulations on getting a good profit. Ripple is resistant to social and political issues. The news that circulated yesterday and has been handled well. As a result, Ripple tokens flew after successfully resolving the court lawsuit.