Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: sirty143 on August 06, 2018, 07:24:58 PM
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Cryptocurrencies suffered another leg down amid "socialized clawbacks" and other issues...Ripple is in trouble.
Ripple is in a mire. It is easy to see why it cannot rise but it is too easy to see it collapse. A hard cap awaits at $0.4250 which is the confluence of last month's low, the BB 4h-Lower, the 4h low, the BB 15m-Middle, the 1h-high, and the SMA 5-1h. Overcoming that level opens the door to limited gains towards $0.4311 where we see the congestion of the SMA 200-15m, the SMA 50-1h, the Fibonacci 61.8% one-day, the BB one-hour Middle, the SMA 5-4h, and the SMA 100-15m. And it does not get better above that line. The XRP/USD has some support at $0.4212 where we see the meeting point of the Fibonacci 161.8% one-day and the BB 15m-Lower. Further down, support clusters are few and far between. Substantial support is only at $0.4067 which is the Pivot Point one-week Support.
All in all, there is more support than resistance. The path of least resistance is down for Ripple.
See more for yourself, here (https://www.fxstreet.com/cryptocurrencies/news/top-3-price-predictions-bitcoin-ethereum-ripple-technical-ladders-to-get-out-of-this-hole-confluence-detector-201808061532).
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For now,we can see that Ripple coin are in little bit in trouble because as we can see that that the price value are continously dropping.
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Now ripple is in troubling because ripple price is declined too much but it not only ripple coin this moment many coins are dropped because whole market is going to red.
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if you look at the general situation on the market, you might think that all the coins are in trouble, but many times it was repeated it just needs to wait
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It is in trouble but in the proper time it will recover. When bitcoin price back to rise, almost altcoins will go together with the flow.
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the price of ripples decreases too much, but not only the ripples of the coin are problematic. now a lot of coins are falling because the whole market will be red. so be patient and hold your coins. it's time to make a profit.
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Yeah all coin are drop to much, in my eyes it good potensial for invesment, i belive ripple will grow up again with new technology and joining with bank.
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For now,we can see that Ripple coin are in little bit in trouble because as we can see that that the price value are continously dropping.
In terms of market price value Ripple coin is in a little bit in trouble but this coin will increase it'a market price value this year.
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It is true that Ripple coin now is in trouble as we see the market price value that are still dropping low.But still there are lots of investors willing to buy this coin for a long term investment.
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actually the right price for ripple is now, because at the end of 2018 yesterday only the price due to bitcoin continued to rise, and cryptocurrency experienced an extraordinary media spotlight,
and now the price is still stable even it doesn't touch 1 usd.
and I don't think this is a problem experienced by ripple, only the first step for ripple to get better in the future.
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it is true that ripples are experiencing problems and I think this is almost experienced by many coins, but I will still believe in the ripples that ripples will soon rise from falling prices.