Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sulphur007 on April 08, 2020, 12:28:51 AM
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The crypto community has all eyes on Ripple: it is not only surviving the longest crypto winter yet, but it is also slowly making its way to the top. Some say it threatens to sideline Bitcoin.
Ripple price predictions for 2019 vary to a great extent: while one bunch of experts doesn’t believe it will reach $1, others make fantastic forecasts. Let’s compare opinions.
Short-term Ripple perspectives
Currently trading at $0.317 Ripple’s XRP stays the third cryptocurrency by market cap behind Bitcoin and Ethereum. XRP has been in a downtrend for the past few weeks but the weekly chart shows signs that said the trend is exhausted. The last lower low was created late last year, since then the pair has been lingering above $0.25 key support.
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In the near term, the price is capped by a bearish trend line. Lately, the pair has shown low volatility which opens the door for strong moves to either side. Keep in mind that strong moves which follow a period of low volatility are often reversed, without generating a trend, so be careful until a firm break to either side is made. The main elements to watch on a Weekly chart are the bearish trend line, followed by the resistances at $0.45 and $0.80.
On a Daily chart, we can see a lot more resistance levels overhead, but the most important for short-to-medium price action is $0.32, the bearish trend line, 100 days Exponential Moving Average and the level at $0.35. A break of this cluster of resistance will increase the chances of a long term move which will have $0.40 - $0.46 area as a target. That could be reached within a couple of months or even sooner if we get a major announcement or partnership with a new bank.
XRP is on the way to a massive breakout?
There’s a huge amount of crypto predictions on TradingView. One of the most popular predictions has been recently posted by CryptoManiac101. He suggested XRP is about to break out massively. There’s a strong trend line that will be lasting for 666 days by March 20-21. It has been supported XRP starting from 2017.
The potential target price sets at around $172, but it can only be visualized through the unconfirmed resistance line of this widening wedge. This number is approximate – in reality, it can differ from the target more or less.
In 2016-2017, XRP managed to make its way from $0.005 to over $3.42 marking nearly 65,000% in profit within 292 days. This time, XRP price will rise not only due to speculation only, but thanks to real use cases, as well. In 2019, Ripple plans to introduce XRP to banks together with the products from RippleNet series (Xrapid, Xcurrent 4.0). Official regulations are being prepared for that. With increased volume being moved through XRP Ledger, demand for XRP from financial institutions will be increasing.
XRP Bottom formation is coming to an end
According to botje11, XRP is to break its vicious circle soon. During the past months, every minor and major XRP breakout attempts were smashed. The recent bullish wedges were nipped in the bud. However, instead of breaking down, it remains above the $0.29/0.30, suggesting accumulation is going on.
Look at the price chart: in the middle we can see a curved support line – it should be watched attentively. Because if that blue line breaks (with some margin) we could see it drop to the lows again. If we do break that big resistance around $0.33, we should see a big jump up, together with some decent volume. If it will be a small breakout, it will be very likely again to see it getting sold again.
There’s another big resistance around $0.4, and if that one breaks, it might become the new low in a short term. The triangle is likely to be followed.
Don't rush the matter
But even $20 is a serious sum for Ripple considering the huge amount of coins in circulation (over 41 bln XRP). Here’s what other experts think:
Roman Guelfi, an authoritative crypto enthusiast and expert, is sure that Ripple is to achieve great milestones. He said that when the market experiences an influx of projects, other cryptocurrencies will be left aside, and the XRP market will dominate. However, he doesn’t say any certain numbers.
According to the Ripple coin news website, 2019 will be a smooth period for Ripple. It will definitely be marked by new partnerships and technologies, which can make the price rise to $8-10.
Us Lifted, a crypto prediction website, states that Ripple will achieve new heights and reach $22.79 with a circulating supply of 38 bln XRP.
Our Verdict
Let’s be sincere: the circulating amount of Ripple is too huge for the coin to be worth $100 or even $20 this year. Ripple has only started making waves, and it’s on its way to dominance in the banking sphere. 2019 promises to be full of new partnerships, which definitely means there’ll be more money flowing into Ripple. Developers continue improving the Ripple network: the speed rises while low fees stay the same. The most realistic prediction would be $1.20 or $2 by the end of 2019. Considering that Ripple fluctuates in the range between $0.30 – 0.40, that would mean a x4 or x6 return on investment, which is great.
Update: Though slowly, Ripple is gradually moving to another resistance level. As soon as it hits the $0.33+ level, we should expect it to soar way higher. $0.45 will be the next resistance level then. When to buy? You can invest in XRP right now, but if you’re still unsure, wait for XRP to reach $0.32 – that will be a good sign and a great entry point at which traders will make a massive buy and trigger further XRP growth.
When to expect any considerable XRP moves? The upcoming Singapore Blockchain Summit might kick it off with the hype around XRP and Ripple partnerships. If Ripple fails to break resistance and gets back to $0.315 and lower, we’ll have to wait longer.
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In my personal view, YES it is! for me, ripple or (XRP) is a good investment because it is already an established crypto company with a lot of real-world use case like in Banking and finance, remittance and cross border payments solution with a lot of mainstream company partners thats, why it has more liquidity, compared to most of the cryptocurrency in the market, But many are not buying about its potentials just because it was a centralized kind of consensus But it depends on whos looking.
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Just like other Cryptocurrency coins, Xrp also has good potential and can be an option for investors to get profits in the future. And the advantage of this XRP is, Xrp is one of the coins in the top row of Coinmarketcap coins, this can be our reference because usually the coins ranked at the top have a large community so that the potential price rises quite high.
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Ripple was created as a payment alternative to banks and other large financial institutions. Although Bitcoin remains the number-one digital currency, XRP is another popular investment option among modern traders.
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Although ripple is slowly to increase it is still with the top coins. Capital and networking of ripple still on going. Innovation and development still on going. In short, ripple is in the process to greatness.
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Ripple is a very popular cryptocurrency and many big players prefer to invest in this cryptocurrency and therefore this cryptocurrency is so in demand, the technologies and capabilities of Ripple are very impressive.
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As XRP is in number 3 position in CMC ranking you can depends on it. But in my opinion you should go for long term investment as its price is low still. You can believe in its team because as a active team, once upon a time it defected ETH in crysis season of crypto currency. So best of luck.
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I consider investment using ripple very good because the ripple community is very good and supported by banks in accordance with their products. In addition transactions using ripple are very cheap and fast.
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Ripple is very good this year and is still able to survive in a bad market. Why not invest in a ripple. I have bought and held for long-term investment
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Now I use ripple and buy more because I believe ripple has very good potential in the future. A lot of support and the number of enthusiasts who make me sure to invest in ripple
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Ripple cannot be erase in crypto sphere book.
Ripple did some good performance from the past.
Ripple with bank partnership adds some attraction to invite investors.
The volume of token circulating is amazing.
The price could go up to moon when it times come.
This token is worth to invest.
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I think it's in number 3 in coinmarketcap right now. Every coin from CMC top 100 consider to be very good and worth of investment. Also ripple is a very fast and popular coin right now. It can cross ETH and become number 2 in future so i think Ripple is a very good coin to invest for a long term investment plan. You can check other coins too.
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No, I'm my opinion you should avoid XRP, it's not descentralized, it' owned by banks, the main purpose of cryptocurrency is to avoid that things, I don't recomend XRP as a investment.
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yes i can say it is a good investment. we all are in here for the money and everyone cares about what he or she makes out of here. as long as it is in the top 10 and maintain the top spot, go for it and invest. forget the whole noise about the centralized aspect of ripple. invest and make your money.
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I think Ripple is a good investment because it is one of the ten coins on CMC. The development of this project is also quite good. And many people are also holding it. But you must make targets on holding it. Make sure this coin is suitable for a short term or a long term asset.
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Ripple is good, but calling it a good project for investment all depends on you; I can only advise that you do own research and get your facts spot on, after which you can go ahead to invest.
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I think Ripple is a good investment because it is one of the ten coins on CMC. The development of this project is also quite good. And many people are also holding it. But you must make targets on holding it. Make sure this coin is suitable for a short term or a long term asset.
Every Cryptocurrency has the potential to get high values, moreover Ripple is a good coin.
And I agree with you, we must have a target in holding this coin so that we can get a profit in accordance with our expectations. My advice is we don't need to set a target too high for Ripple.
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The opportunity Ripple is trying to seize is based on the inefficiency of the current global payment industry. As the network grows and adoption of Ripple’s products increases, the value of Ripple should grow as well.
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Ripple has a lot of cooperation with banks in various countries, although currently has not shown a positive effect, but this has truly become the main capital to attract investors. And I believe Ripple will be an expensive Coin.
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Can Ripple replace the use of Bitcoin in the near future?
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Ripple is a good investment in my opinion as XRP is on a big breakout. In 2019, Ripple plans to introduce XRP to banks alongside products from the RippleNet chain (Xrapid, Xcurrent 4.0). Official regulations are being prepared for that. With increased volume transferred through the XRP Ledger, the demand for XRP from financial institutions will increase.
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I think Ripple is a good investment and deserves our trust. Not only has Ripple survived the longest crypto winter, it is also slowly making its way to the top. it is very likely that in the future it may eliminate Bitcoin
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I don't think we should risk investing in Ripple in a hurry. Currently trading at $ 0.317 Ripple's XRP remains the third cryptocurrency by market cap after Bitcoin and Ethereum. XRP has been in a downtrend for the past few weeks but the weekly chart shows signs that the trend is exhausted. The last lower low was created late last year, since then the pair has stretched above the critical support of $ 0.25.
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Ripple is always a good Cryptocurrency investment. It's team is always in the lookout for new partnership deals that would take the project forward. They are not sitting on their oars. That is how you know a project that is in for the long haul
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i think Ripple is a good investment, due to his features and quality it possess, because i attended a seminar not quite long on financial discipline and income stuff; the moderator is encouraging virtually everybody to look forward to it, that its a means of earning better income in the nearest future.
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Yeah Al that sounds pretty crap to me, Looks like BT aint for me either. The current price of XRP is 0.2969. At the rate at which the market is getting better, XRP will be in a good position in a few days. I saw the market cap of XRP
13,444,992,919
24 Hour Trading Vol
2,544,846,148
24h Low / 24h High
$ 0.293409 / $ 0.303316
Circulating Supply
44,918,719,274 / 100,000,000,000
From this I realized that XRP is a very good coin you can invest in it
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Why not , ripple is one of my best coin in Crypto market . Already Ripple tied up trusted brands , Ripple transcation is really very fast , ripple already tradeable on major exchages . I just hope till Ripple touch 1$ in market soon as possible .
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Of course Ripple a good investment coin. I already participated in long-term investment which my favourite coins list, Ethereum, bitcoin, Binance coin and Ripple. My daily trading coins is Ethereum and chainlik, specially now cartesi.
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Many people will say XRP is a scam I think these are the same people who say Bitcoin is a scam too. But in my personal opinion, every coin or token that is in the top 100 list of CMC is good for investing. Cryptocurrency markets are still new to many people and its still growing. So I think for a long term investment plan it can be a good decision.
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I don't think if this ripple is a good for long term investment because you know the supply is huge. It is 44 billion supply.. if this keeps increasing the price will slowly go down.
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When it first appeared, it was very much anticipated that it would become one of the calculated alcoins, still in its journey I could not prove that even though it is still considered the top-ranked altcoin, I was more willing to invest in chainlink that lead to deposits from the first time they started to enter the market.
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XRP is considere as good investment all over the world. Why? This coin can be used for trading nor for long term investment steady in your wallet waiting to hit $1 or more. Although there are rumors that xrp is dead it is just a hype. The market is the best evidence of Ripple progress.
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Obviously ripple is premium coin in my Crypto assest . Already Ripple tied up with alot of Trusted brands as well as on exchages also . Already I makes a good amount of money in Ripple as a long-term investment .
Hopefully everyone got a good profit from ripple investment .
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Yeah, Ripple is a good investment, whether long or short term. They have one of the best teams around in crypto, a good and battle worn CEO and just hired Goldman-Sachs member. So they are cool
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Yes, in my opinion Riple or XRP is one of the best Altcoins to invest in because enthusiasts and volume always increase every year, making XRP the price to increase.
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Yes, in my opinion Riple or XRP is one of the best Altcoins to invest in because enthusiasts and volume always increase every year, making XRP the price to increase.
Best altcoin? Maybe you forgot ethereum as the top in terms of technology and market price. Ripple is good faster and lower fee. The only thing they did not have is the ability of a decentralized smart contract. For me eth is much more useful as you can see the relevance of their platform to different platform. Agree or not ripple can be just fall down on the line of top coins.
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I think ripple currency is a lot better for investment transactions are much easier here and the fees for exchanges are much lower its investment was much lower due to falling prices but now the demand for re-investment is increasing. Ripple currency is improving a lot in the trade market.
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There is no doubt that Ripple is a good coin to invest. It is one of the best 5 coins in the world. Ripple shouldn't be the top five coins if it is not good for investment. I think all people have realized it, you must know it as well. Ripple is indeed one of recommended coins to invest, bro.
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Now XRP is one of the potential cryptocurrency, many investor are coming for buying xrp.realtionship with banking system is the superpower of xrp. its very amazing think to interest to investor. xrp now market position is 3rd, so its a very good side.
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Ripple is still a very good cryptocurrency, worth investing in. it ranks third by market cap after Bitcoin and Ethereum. XRP has been in a downtrend for the past few weeks but the weekly chart shows signs that the trend is exhausted. A last lower low was created late last year, since then the pair has stretched above the critical support of $ 0.25.
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It was a very good investment when it was priced below 100 satoshi. But due to the centralized management, and the price getting high, the regular dump of management team in disguise of creating new project, I have no clue anymore if it is really a good investment for long term. But I can say if you plan ofplaying the market, then it is a good coin to use. Just wait the monthly dump of the developer and set your buy wall, let some time pass and sell them. You can get a good profit doing that and if it happen that you timed the pump, it will really give you a nice return. So I say. XRP is good for short term investment.
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Of course Ripple a good investment coin in the crypto market. I am sure if bitcoin will moon then simultaneously Ripple will go to the moon. I think, if any one invest in Ripple then he will get a high value profits.
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Of course Ripple a good investment coin in the crypto market. I am sure if bitcoin will moon then simultaneously Ripple will go to the moon. I think, if any one invest in Ripple then he will get a high value profits.
Indeed, at that time Ripple was very proud because it always performed well and investors were very interested in the program that was continuously being promoted. but at this time even though it is still the best but one day it will be displaced. because many good altcoins are now also growing. It's clear that if bitcoins go up then all the altcoins will go up too.
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Ripple is a good investment and I recommend investing in it. Ripple coin is quite easy to use, relatively stable and less volatile, so we can safely use it without having to worry about its volatility.
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Is Ripple a good investment. Ripple was originally designed as a daily payment system, so it's much more secure than Bitcoin. As a result, transactions are much faster and cheaper
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In 2019, Ripple plans to introduce XRP to banks alongside products from the RippleNet chain (Xrapid, Xcurrent 4.0). Official regulations are being prepared for that. With increased volume transferred through the XRP Ledger, the demand for XRP from financial institutions will increase.