Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Sonjoy on May 03, 2021, 08:36:36 AM
-
The value of cryptocurrency XRP reached over 0.40 U.S. dollars per coin during January 2021, two times more than what it was in December. Ripple’s value has been under a dollar per coin for over a year, with little indication of increase.
What is Ripple?
Ripple, in addition to being a cryptocurrency, is also a payment system. Unlike other cryptocurrencies, it does not use blockchain. Instead of this distributed ledger technology, it uses a common ledger that multiple users have access to, trading the security of the number of ledgers in existence for faster transaction times. While the XRP is not one of the most known cryptocurrencies, the company has raised a significant amount of funding.
Other cryptocurrencies
Blockchain, digital security, and financial technology (fintech) are growing areas of investment. The initial coin offering (ICO) has become a common way of raising funds for startup companies worldwide. The question for Ripple and other such companies is whether or not it can differentiate itself from the crowd. The industry is likely to continue growing, but in the long run probably only a few major firms will win the majority of market share.
More info: https://www.statista.com/statistics/807266/ripple-price-monthly/
-
Ripple is one kind of good coin in crypto market. It is so much popular coin now. Though it’s price is still low in crypto market but I think it will growing up highly in future. So if you have enough money to invest in Ripple, you can invest on it. I hope you will benefited in future, if you invest in Ripple now.
-
Ripple coins were much more expensive in 2013. Because after the Ripple Coin Exchange was suspended, its price went down a bit. Nowadays, the price of Ripple Coin has risen sharply.
-
0.005 USD was the initial price of Ripple and now the price of Ripple is above 1 USD, this is a revival of the Ripple coin which is certainly also the Ripple coin that is very much liked by the wider community throughout the cryptocurrency space.
I believe and hope that cryptocurrency can raise Ripple coins to be the best in the future and hopefully Ripple can go back up more than 1 USD.
-
Ripple coin changes are also very extreme when viewed in terms of fluctuations because the price of the Ripple coin which was originally also below 0.1 USD but now the Ripple coin has exceeded the price of 1 USD and even penetrated the price of 2 USD and this will be the best choice for Ripple coins in investment long-term.
I also feel that this is purely from the cryptocurrency market where the price goes up and down is unpredictable, even though all Ripple coins are almost owned by the #DevelopmentTeam but I believe Ripple is still like other cryptocurrency coins, namely Decentralized.
-
2013 was very long ago and during that time Ripple coins were really very cheap and made Ripple coins very difficult to move up, or even the market cap of Ripple coins was still below 1 million USD and this is cryptocurrency if we can see the current marketcap for coins Ripple reaches billions of USD.
I just assume that this Ripple coin will still be the best choice for the future, in terms of the serious development factor for Ripple coin to cooperate with all Banks around the world.
-
XRP price movements depend on bitcoin price movements, when the bitcoin price goes up then XRP will follow it just not immediately the price goes up, sometimes it requires a process which of course is not a short process, it takes a few days to raise the XRP price because there are no investors who provide support.
-
XRP coin history is very good and the future of this coin is good becasue i buy this coin in 2017 start and that time the big bull is start in the market and after that in the market the big dumb is create and now in the market is in good condition in which we can buy the coin and hold that and can sell that when the coin go high in the market.
-
XRP price movements depend on bitcoin price movements, when the bitcoin price goes up then XRP will follow it just not immediately the price goes up
Actually this is not the case, not all Altcoins whose prices follow the Bitcoin price. I saw some time ago the price of Bitcoin increased sharply, but I didn't see that there was an increase in XRP.
-
Ripple has many stories in its journey of life because I am sure that Ripple is always looking for the best identity when compared to various altcoins that have been circulating.
I'm also sure that if Ripple reaches All Time High then it will definitely look for the newest All Time High again in the next year, like Bitcoin, Ethereum and BNB.
Until now, the history of Ripple is good and i like technology of Ripple coin.
-
Here is my technical analysis of XRP as of 25/3/22.
As we can see on the BTC pairing we have been forming bullish market structure on the 4h time frame. Creating higher highs and higher lows. We are approaching trend entry could be considered with confirmations such as candlesticks and price divergence. If this formation prevails we could see a nice push to the 2000sat level and if we have volume to break we have a clear run to 2250sats.
On our USDT pairing, it is showing similar results. We are seeing bullish market structure forming and an entry at 80c at trend could be a nice level to trade the next leg up. A break of 85c would be really nice. Will have to watch the 90c level but have resistance at 94c and back at our $1 mark.