Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: debra on August 03, 2024, 03:10:13 PM
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(https://talkimg.com/images/2024/08/03/5TiTl.jpeg)
Read detailed information here: https://crypto.news/xrp-price-could-have-a-mega-breakout-soon-analyst-says/
According to some analysts, the current chart patter of XRP showed a positive sign about the possibility of big pump. XRP spot ETF may be one of the factors to trigger this pump. Honestly, I don't have an idea about this but I believe XRP can be strong again. As most crypto coins follow the price movement of Bitcoin, will the possibility of huge pump of XRP won't follow the Bitcoin trend? I don't know if this news is valid enough, let's discuss about this.
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I've said it in the past that there are speculations that XRP (together with XLM) could be a bridge currency for the Quantum Financial System (QFS). I personally don't know how true that is or how it will impact the price in the long run but it's not a bad idea to ride on that. I think you can ignore the current chart and buy based on that information.
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It is good news, it should bring positive impact to the price. Why we must ignore the chart? It also showed positive future of XRP price. According to the analysis of chart pattern, the chart indicated that there is a possibility of big pump on XRP price. The chart pattern supports the news that you stated above and also the news of possible XRP ETF. If all of these to happen, it is even a bigger chance to see big pump on XRP price. Sure, it is good to collect XRP because of the information as well.
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According to some analysts, the current chart patter of XRP showed a positive sign about the possibility of big pump. XRP spot ETF may be one of the factors to trigger this pump. Honestly, I don't have an idea about this but I believe XRP can be strong again.
i also think that xrp can pump again whether from this news or another i am still a bit skeptical about an etf as i don't think it is the next in line after eth there are still solana and litecoin that could have etfs first
As most crypto coins follow the price movement of Bitcoin, will the possibility of huge pump of XRP won't follow the Bitcoin trend? I don't know if this news is valid enough, let's discuss about this.
the price of altcoins also has some correlation to how bitcoin perform once bitcoin pumps the general outlook for the market will be positive and if there are any positive news about xrp, it will strengthen the increasing of price of said xrp
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After what happened in the previous two days, the possibility of a price pump is unlikely and we may not see it soon. Those who bet on XRP are betting on it because demand will increase, but supply is infinite and the currency is fundamentally not deflationary or a good investment.
you can read ----> https://www.altcoinstalks.com/index.php?topic=321904.0 (https://www.altcoinstalks.com/XRP is “Good-For-Nothing”)
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I don't know if it's because this news is related to the latest XRP case with the SEC, or something else. But in the past few days, the price of XRP has been the same as most cryptos in the market, experiencing a very drastic dump, following the movement of the Bitcoin price, right? Because altcoins have also experienced it. It's just that for now, in the last 24 hours, the development is very fast for the increase in the price of XRP.
Regarding the breakout, and several other cases, XRP seems to have a lot of experience with various cases like this. Yes, in the end the price will drop and then there will be another price game. So, what we have to do is take the right preventive measures so that we don't fall victim to these prices, or we will be more vigilant in taking advantage of the benefits of XRP to get more profits.
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i also think that xrp can pump again whether from this news or another i am still a bit skeptical about an etf as i don't think it is the next in line after eth there are still solana and litecoin that could have etfs first
ETF is actually not impossible for XRP but it looks like not easy. It should be after the ETF spot of Solana and other top altcoins. SEC seems to apply more strict regulation for the approval of crypto ETF spot. But everything will be easy if Trump can be the president. He will fire the current chairperson of SEC and change with a more friendly one. This can be a chance of XRP ETF spot to be accepted. :D
After what happened in the previous two days, the possibility of a price pump is unlikely and we may not see it soon. Those who bet on XRP are betting on it because demand will increase, but supply is infinite and the currency is fundamentally not deflationary or a good investment.
You're right. It won't be easy for the next pump if the market keeps declining like the last few days. No, it is not betting on XRP. But it is still a realistic goal. If it is for a long term, I think it is no problem. However, if we expect fast jump in XRP price, sure it is impossible. Even Bitcoin looks hard to increase consistently again.
you can read ----> https://www.altcoinstalks.com/index.php?topic=321904.0 (https://www.altcoinstalks.com/XRP is “Good-For-Nothing”)
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I don't know if it's because this news is related to the latest XRP case with the SEC, or something else. But in the past few days, the price of XRP has been the same as most cryptos in the market, experiencing a very drastic dump, following the movement of the Bitcoin price, right? Because altcoins have also experienced it. It's just that for now, in the last 24 hours, the development is very fast for the increase in the price of XRP.
XRP case with the SEC had a positive impact on the price and whoever bought before the verdict came out would have made a good profit (I did it with $200) but there is nothing positive that can push the price forward, everything has already happened so when the price collapsed the impact was negative.
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https://www.altcoinstalks.com/index.php?topic=321904.0
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(https://talkimg.com/images/2024/08/03/5TiTl.jpeg)
Read detailed information here: https://crypto.news/xrp-price-could-have-a-mega-breakout-soon-analyst-says/
According to some analysts, the current chart patter of XRP showed a positive sign about the possibility of big pump. XRP spot ETF may be one of the factors to trigger this pump. Honestly, I don't have an idea about this but I believe XRP can be strong again. As most crypto coins follow the price movement of Bitcoin, will the possibility of huge pump of XRP won't follow the Bitcoin trend? I don't know if this news is valid enough, let's discuss about this.
I actually think that these coins often follow the price of Bitcoin, and it has happened many times. However, this spike could happen because of internal factors of XRP, and if we are sure that this will happen, we can add our portfolio here. However, this year there are so many new coins that are really hype, and I personally would be happier with a situation like this. Let's just take advantage of what is currently Hype, and we gain profit from here.
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Although almost every coin in the crypto market follows Bitcoin, I don't see XRP movies in that way. Other coins rose as the price of Bitcoin rose but XRP did not. I can only expect that it won't stay in the current position for long. At any time this coin can be so bullish that no one will have imagination. This is not uncommon in the crypto space. XRP's highest ATH was $3.40 which could be crossed in the next bull run and each XRP is likely to be $10.
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Although almost every coin in the crypto market follows Bitcoin, I don't see XRP movies in that way. Other coins rose as the price of Bitcoin rose but XRP did not. I can only expect that it won't stay in the current position for long. At any time this coin can be so bullish that no one will have imagination. This is not uncommon in the crypto space. XRP's highest ATH was $3.40 which could be crossed in the next bull run and each XRP is likely to be $10.
Because the XRP project and the idea behind its creation are very different from all cryptocurrencies, it is basically a centralized network for making low-cost international payments, so XRP aims to be a low-volatility currency and a network that is used on a daily basis more than it is a cryptocurrency whose value increases or an investment asset.
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Although almost every coin in the crypto market follows Bitcoin, I don't see XRP movies in that way. Other coins rose as the price of Bitcoin rose but XRP did not. I can only expect that it won't stay in the current position for long. At any time this coin can be so bullish that no one will have imagination. This is not uncommon in the crypto space. XRP's highest ATH was $3.40 which could be crossed in the next bull run and each XRP is likely to be $10.
XRP missed the bullrun 2021 and has faced numerous challenges in regaining its momentum and marketcap. XRP spot ETF might not be proposed or approved in this cycle, but the end of the SEC lawsuit could be positive news for XRP growth.
Returning to the trendline, it's subjective so I think we may have to wait for XRP to break above $0.927, the peak of the recovery wave that occurred in 2023. After that, all expectations can be maintained, and we will wait together for XRP new ATH in this cycle.
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(https://talkimg.com/images/2024/08/03/5TiTl.jpeg)
Read detailed information here: https://crypto.news/xrp-price-could-have-a-mega-breakout-soon-analyst-says/
According to some analysts, the current chart patter of XRP showed a positive sign about the possibility of big pump. XRP spot ETF may be one of the factors to trigger this pump. Honestly, I don't have an idea about this but I believe XRP can be strong again. As most crypto coins follow the price movement of Bitcoin, will the possibility of huge pump of XRP won't follow the Bitcoin trend? I don't know if this news is valid enough, let's discuss about this.
I actually think that these coins often follow the price of Bitcoin, and it has happened many times. However, this spike could happen because of internal factors of XRP, and if we are sure that this will happen, we can add our portfolio here. However, this year there are so many new coins that are really hype, and I personally would be happier with a situation like this. Let's just take advantage of what is currently Hype, and we gain profit from here.
But unfortunately I don't have any interest in Rippel, especially coins that use hype. I'd rather skip it because I'm not the type to follow coins in detail.
If XRP can increase many times its current price, I congratulate XRP holders
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But unfortunately I don't have any interest in Rippel, especially coins that use hype. I'd rather skip it because I'm not the type to follow coins in detail.
If XRP can increase many times its current price, I congratulate XRP holders
XRP is one of the old coins, which is not known for its development using hype like meme coins. Since the last bullish era, Ripple has had problems with the SEC and this has continued even after Ripple was declared the winner of the SEC, then lately, the SEC has not stopped dealing with Ripple.
And why is XRP's price development currently very bad and even seems difficult to rise again, because the development of this project is very slow. In fact, it can be said to be very far behind several other top coins. And the movement of the XRP price is one of the reasons, apart from the fact that it already has many investors and a high market cap, because by taking advantage of the positive news about Ripple, it is not necessarily able to increase the price of this old coin.
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And why is XRP's price development currently very bad and even seems difficult to rise again, because the development of this project is very slow. In fact, it can be said to be very far behind several other top coins. And the movement of the XRP price is one of the reasons, apart from the fact that it already has many investors and a high market cap, because by taking advantage of the positive news about Ripple, it is not necessarily able to increase the price of this old coin.
Holding some XRP myself, I am really disappointed with the current standing it has in the market mostly in terms of price movements. I assumed that after it would get some win in its case in the court, somehow there can be a significant price soar but then we witnessed a not-so-dramatic performance...though I am not counting the big possibility of it doing a late explosion. XRP must be doing well, otherwise its supporters who had been getting bored already will be leaving it by droves and it would just be another old coin with gloomy future ahead. Let's hope there will be a major breakout XRP will exhibit so the excitement will be back on it.
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And why is XRP's price development currently very bad and even seems difficult to rise again, because the development of this project is very slow. In fact, it can be said to be very far behind several other top coins. And the movement of the XRP price is one of the reasons, apart from the fact that it already has many investors and a high market cap, because by taking advantage of the positive news about Ripple, it is not necessarily able to increase the price of this old coin.
Holding some XRP myself, I am really disappointed with the current standing it has in the market mostly in terms of price movements. I assumed that after it would get some win in its case in the court, somehow there can be a significant price soar but then we witnessed a not-so-dramatic performance...though I am not counting the big possibility of it doing a late explosion. XRP must be doing well, otherwise its supporters who had been getting bored already will be leaving it by droves and it would just be another old coin with gloomy future ahead. Let's hope there will be a major breakout XRP will exhibit so the excitement will be back on it.
It's normal to feel frustrated. XRP's price movement does not respond as expected despite occasional legal improvements. It may take some time to wait, but if there is a new important development or market shift, it could help the price rise. If you take a long-term view and keep an eye on new market trends, maybe something good will come in the future.
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Although almost every coin in the crypto market follows Bitcoin, I don't see XRP movies in that way. Other coins rose as the price of Bitcoin rose but XRP did not. I can only expect that it won't stay in the current position for long. At any time this coin can be so bullish that no one will have imagination. This is not uncommon in the crypto space. XRP's highest ATH was $3.40 which could be crossed in the next bull run and each XRP is likely to be $10.
XRP missed the bullrun 2021 and has faced numerous challenges in regaining its momentum and marketcap. XRP spot ETF might not be proposed or approved in this cycle, but the end of the SEC lawsuit could be positive news for XRP growth.
Returning to the trendline, it's subjective so I think we may have to wait for XRP to break above $0.927, the peak of the recovery wave that occurred in 2023. After that, all expectations can be maintained, and we will wait together for XRP new ATH in this cycle.
First, it is a great news that XRP has overcome one of it's biggest challenges, the SEC lawsuit and now the project team has to focus on further growth of the platform. XRP is great platform despite some setbacks, it will be good idea i if the team apply for a Spot XRP ETF. I think that a Sport XRP ETF will be a brilliant strategy to bring back XRP to the top and could potentially increase growth of both XRP price and marketcap value.
Hopefully, we may be expecting a XRP Spot ETF in near future, and that may be the game changer for XRP and the community. I am predicting XRP to hit $1 at the next bull market.
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i also think that xrp can pump again whether from this news or another i am still a bit skeptical about an etf as i don't think it is the next in line after eth there are still solana and litecoin that could have etfs first
ETF is actually not impossible for XRP but it looks like not easy. It should be after the ETF spot of Solana and other top altcoins. SEC seems to apply more strict regulation for the approval of crypto ETF spot. But everything will be easy if Trump can be the president. He will fire the current chairperson of SEC and change with a more friendly one. This can be a chance of XRP ETF spot to be accepted. :D
we don't know that for sure if trump will actually follow through with all his promises we aren't even sure if he wil win so it makes me a bit skeptical about the chances of an etf
however in terms of legality, i think xrp may have lifted something up their chest with the lawsuit with sec finally sorted out after years
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Hmm, I'm not sure and i won't comment on the hope of XRP holders but recently i've seen in this section there are some coins under the graveyard of coins haha, and seems like sooner some of the coins are going to be moved into that section from list. Haha maybe you've got my point if not maybe you'll get it soon. On the top of that SOL is not gonna get the ETF in this cycle that's my inner feeling and if you are expecting anything similar wth XRP haha dont hope much.
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And why is XRP's price development currently very bad and even seems difficult to rise again, because the development of this project is very slow. In fact, it can be said to be very far behind several other top coins. And the movement of the XRP price is one of the reasons, apart from the fact that it already has many investors and a high market cap, because by taking advantage of the positive news about Ripple, it is not necessarily able to increase the price of this old coin.
Holding some XRP myself, I am really disappointed with the current standing it has in the market mostly in terms of price movements. I assumed that after it would get some win in its case in the court, somehow there can be a significant price soar but then we witnessed a not-so-dramatic performance...though I am not counting the big possibility of it doing a late explosion. XRP must be doing well, otherwise its supporters who had been getting bored already will be leaving it by droves and it would just be another old coin with gloomy future ahead. Let's hope there will be a major breakout XRP will exhibit so the excitement will be back on it.
Some times the prices of few numbers of coins on the market does not react or reflect when there are positive news that is directly supposed to enhance the price of the token. I am of the view that XRP court win over SEC should has been the game changer for XRP coin, unfortunately, there was no effect on its price. I think that the prolonged law suit had done some damage to the trading and investments value of XRP. and might have affected the demand.
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Some times the prices of few numbers of coins on the market does not react or reflect when there are positive news that is directly supposed to enhance the price of the token. I am of the view that XRP court win over SEC should has been the game changer for XRP coin, unfortunately, there was no effect on its price. I think that the prolonged law suit had done some damage to the trading and investments value of XRP. and might have affected the demand.
For two weeks I have been making a profit from XRP trading, so I think this coin still has potential for trading even though it seems to be struggling, but if we observe the daily volume movement, we can use this coin for short-term trading.
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In my opinion, with recent market prices being less stable, it is difficult to ensure that XRP in the future will meet our expectations or not. This is because other coins have experienced an increase following the development of BTC. And recently for other coins the market price has been unstable. So It would be good for us to carry out an analysis so that we are not careless when we start buying or selling XRP coins.
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In my opinion, with recent market prices being less stable, it is difficult to ensure that XRP in the future will meet our expectations or not. This is because other coins have experienced an increase following the development of BTC. And recently for other coins the market price has been unstable. So It would be good for us to carry out an analysis so that we are not careless when we start buying or selling XRP coins.
I think ripple still has the potential to give us profit, so if you still have free money, buy ripple. because sometimes this coin gives unexpected good performance because their community is still large until now, I also often use this coin for transactions.
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In my opinion, with recent market prices being less stable, it is difficult to ensure that XRP in the future will meet our expectations or not. This is because other coins have experienced an increase following the development of BTC. And recently for other coins the market price has been unstable. So It would be good for us to carry out an analysis so that we are not careless when we start buying or selling XRP coins.
I think ripple still has the potential to give us profit, so if you still have free money, buy ripple. because sometimes this coin gives unexpected good performance because their community is still large until now, I also often use this coin for transactions.
Of course, it's a solid coin in my opinion, and I also made good profit before, but with the lawsuit and what follows, I try to stay away from it and most likely it might have a new all time high for this bull run.
So still a good investment for others I guess, specially for long term holders and who really make profits after it's case against SEC. But if you look at it's historical price, it seems that the lawsuit really takes it's effect as it didn't have the bull run and was not able to reach a new all time high last 2021. But let's see how it goes for this cycle, still one of the most active coins in terms of volume.
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If I look at the Ripple coin information on Coinmarketcap with the year of birth and its supply, it is a lot of Ripple coins. To be able to become a Big Pump that matches what OP wrote, there may have to be investors who buy a lot of Ripple coins. If I personally think Ripple is very difficult to have a Big Pump because of the supply factor which is almost around 100,000,000,000 XRP. Please check this = https://coinmarketcap.com/currencies/xrp/
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If I personally think Ripple is very difficult to have a Big Pump because of the supply factor which is almost around 100,000,000,000 XRP. Please check this = https://coinmarketcap.com/currencies/xrp/ (https://coinmarketcap.com/currencies/xrp/)
The project does not originally aim to make investors rich or for the token price to become tens or hundreds of dollars, but rather they aim for the project to be usable on a daily basis and an alternative to traditional payments. Therefore, the XRP pump is usually a response to a specific event and the price returns to normal, and the large number of supply is what makes it a leader in terms of market capacity.
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If I personally think Ripple is very difficult to have a Big Pump because of the supply factor which is almost around 100,000,000,000 XRP. Please check this = https://coinmarketcap.com/currencies/xrp/ (https://coinmarketcap.com/currencies/xrp/)
The project does not originally aim to make investors rich or for the token price to become tens or hundreds of dollars, but rather they aim for the project to be usable on a daily basis and an alternative to traditional payments.
Wow, I just found out, it turns out that Ripple is designed for traditional payments so it won't be a Big Pump that feels very strong. Just the price of Ripple if I look at Coinmarketcap is stable like that and there is no extraordinary price increase.
Therefore, the XRP pump is usually a response to a specific event and the price returns to normal, and the large number of supply is what makes it a leader in terms of market capacity.
This is new knowledge for me because the supply of Ripple is a reference for traditional trading and when the price increases rapidly it will definitely return to the original price. Thank you hugeblack for this information, and this is new knowledge for me.
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Wow, I just found out, it turns out that Ripple is designed for traditional payments so it won't be a Big Pump that feels very strong. Just the price of Ripple if I look at Coinmarketcap is stable like that and there is no extraordinary price increase.
I'm actually very interested in this one coin, oh yeah ADA and also POL too. Because the price is at that point. Even though there is good news about XRP, the price is not too affected.
Even now, when other altcoins have started to improve, the price of XRP is still down. Still at $0.5. I wonder if XRP will really be able to rise again to its ATH with various new news related to this coin? Or does it need a much more interesting breakthrough to make XRP rise again.
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Even now, when other altcoins have started to improve, the price of XRP is still down. Still at $0.5. I wonder if XRP will really be able to rise again to its ATH with various new news related to this coin? Or does it need a much more interesting breakthrough to make XRP rise again.
to be fair we are in the state of the market where a lot of coins and tokens are not particularly doing well we are seeing a lot of reds so i am not expecting xrp to get new ath in these recent times but maybe we can be optimistic once the general market turns upwards
with the lawsuit behind, we can now look forward and expect upward trajectory for xrp
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Even now, when other altcoins have started to improve, the price of XRP is still down. Still at $0.5. I wonder if XRP will really be able to rise again to its ATH with various new news related to this coin? Or does it need a much more interesting breakthrough to make XRP rise again.
to be fair we are in the state of the market where a lot of coins and tokens are not particularly doing well we are seeing a lot of reds so i am not expecting xrp to get new ath in these recent times but maybe we can be optimistic once the general market turns upwards
with the lawsuit behind, we can now look forward and expect upward trajectory for xrp
Yep, I am with you here.
That was a big splinter to get off, and now, we should see improvements in the future.
Not a big pump as it was said, but rather slow recovery.
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(https://talkimg.com/images/2024/08/03/5TiTl.jpeg)
Read detailed information here: https://crypto.news/xrp-price-could-have-a-mega-breakout-soon-analyst-says/
According to some analysts, the current chart patter of XRP showed a positive sign about the possibility of big pump. XRP spot ETF may be one of the factors to trigger this pump. Honestly, I don't have an idea about this but I believe XRP can be strong again. As most crypto coins follow the price movement of Bitcoin, will the possibility of huge pump of XRP won't follow the Bitcoin trend? I don't know if this news is valid enough, let's discuss about this.
Many traders, crypto analyst and forecasters are already predicting an altcoins season this year and or early 2025.
The chart patterns of XRP coin is in line with the expected altcoins markets pumps, and I have no doubt that XRP will follow the pumps massively.
However, I am not expecting any changes to the fact that altcoins may not experience big pumps except the Bitcoin Dominance ratios decrease to certain level that will enhance the altcoins Bull run.
Bitcoin drivers the entire market price movements, and higher dominance ratios currently playing out may delayed the anticipated altcoins pumps or season.
In addition, the news of the possible XRP ETF will add some volatility on the price if SEC give approvals.
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However, I am not expecting any changes to the fact that altcoins may not experience big pumps except the Bitcoin Dominance ratios decrease to certain level that will enhance the altcoins Bull run.
I also think I'm starting to give up on XRP. I'm still not so sure if XRP can go back to how it used to be, back to its ATH price even in the upcoming bullrun. It seems like it's impossible.
Although there is good news about XRP that it is likely to make an increase of more than 10%, is it really possible?
Check the news about XRP
https://www.fxstreet.com/cryptocurrencies/news/xrp-gears-up-for-double-digit-price-rally-eyes-066-target-202409211700
XRP News Today: Ripple Legal Tensions Grow as SEC Appeal Deadline Approaches
https://www.fxempire.com/forecasts/article/xrp-news-today-ripple-legal-tensions-grow-as-sec-appeal-deadline-approaches-1462752
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Many traders, crypto analyst and forecasters are already predicting an altcoins season this year and or early 2025.
The chart patterns of XRP coin is in line with the expected altcoins markets pumps, and I have no doubt that XRP will follow the pumps massively.
Regardless of the matter with the SEC, the main key is actually winning in Bitcoin. Usually if Bitcoin is able to experience a big pump, in the true sense of a bull run, then later there will also be a moment for its altcoin seasons. And at this time usually altcoins will have the opportunity to increase their prices again, with the hope of surpassing their previous ATH.
However, I personally think that for XRP, is it possible to return and surpass its ATH? because so far, it has been very difficult for this coin to increase its price, so people are starting to not care anymore. What is feared is when people start to forget about XRP. If XRP can touch $2, I will be very grateful. But, is it possible?
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(https://talkimg.com/images/2024/08/03/5TiTl.jpeg)
Read detailed information here: https://crypto.news/xrp-price-could-have-a-mega-breakout-soon-analyst-says/
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All coins that are expected by investors or all those related to traders must want their prices to increase, I am also sure that Ripple will one day increase in price but not as great as Bitcoin or Ethereum.
I just assume that Ripple coins will not increase like Bitcoin because the supply of coins is so large, if the price increases by around 300%, the price of Ripple coins will definitely be lowered again by those who have a lot of Ripple coins. This is the large supply of coins that is the problem of the increase in Ripple coins.
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Agreed, with the rlusd coming and the etf, it will happen.
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After that massive pump, many people would sell. That would be the determining factor for the decline once it rose in price. There are a lot of people who are waiting for it. I believe that aside from the developers dumping, individuals would dump as well when it happens. I doubt it will stay there for long.
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After that massive pump, many people would sell. That would be the determining factor for the decline once it rose in price. There are a lot of people who are waiting for it. I believe that aside from the developers dumping, individuals would dump as well when it happens. I doubt it will stay there for long.
I'm also worried about this, as the weakness of XRP price has disappointed many investors, and they're just waiting for a price recovery to sell off and invest in other more promising tokens with better solutions and larger communities. Right now, I see XRP price still at the bottom and there's no significant recovery, and it's unlikely to reach 1 USD in the short term.
We've just received more negative news about the possibility of the SEC appealing. Even if this might not become a reality, just the FUD is enough to make investors worry and want to get out of XRP.
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After that massive pump, many people would sell. That would be the determining factor for the decline once it rose in price. There are a lot of people who are waiting for it. I believe that aside from the developers dumping, individuals would dump as well when it happens. I doubt it will stay there for long.
I'm also worried about this, as the weakness of XRP price has disappointed many investors, and they're just waiting for a price recovery to sell off and invest in other more promising tokens with better solutions and larger communities. Right now, I see XRP price still at the bottom and there's no significant recovery, and it's unlikely to reach 1 USD in the short term.
We've just received more negative news about the possibility of the SEC appealing. Even if this might not become a reality, just the FUD is enough to make investors worry and want to get out of XRP.
XRP has had problems with the SEC before, if the SEC appeals again, the price of XRP will likely drop. I also heard news that XRP filed an ETF proposal, but I don't know if this is true or not, I still often use XRP for trading, and make a profit from this coin.
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After that massive pump, many people would sell. That would be the determining factor for the decline once it rose in price. There are a lot of people who are waiting for it. I believe that aside from the developers dumping, individuals would dump as well when it happens. I doubt it will stay there for long.
I'm also worried about this, as the weakness of XRP price has disappointed many investors, and they're just waiting for a price recovery to sell off and invest in other more promising tokens with better solutions and larger communities. Right now, I see XRP price still at the bottom and there's no significant recovery, and it's unlikely to reach 1 USD in the short term.
We've just received more negative news about the possibility of the SEC appealing. Even if this might not become a reality, just the FUD is enough to make investors worry and want to get out of XRP.
XRP has had problems with the SEC before, if the SEC appeals again, the price of XRP will likely drop. I also heard news that XRP filed an ETF proposal, but I don't know if this is true or not, I still often use XRP for trading, and make a profit from this coin.
I think, concerning the possible threats of the SEC action and other regulations concerning it is crucial to always stick to the latest information and track the developments connected with XRP. If there are indicators of volatility you may use techniques that will help to reduce the risks of loss whereas green Joyce investor takes an opportunity to invest in other assets that seem to be more secure though they would continue to explore other gains that may arise from fluctuations in the value of XRP. This case also brings out the fact that even the long-live altcoins including XRP are still very risky investments for today’s investors.