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According to 1,115 community votes on Coinmarketcap, XRP is expected to reach an average price of $0.4101 by March 31. This is a 13.64% or +$0.04923 rise from the token's price as of March 13 press time. The historical accuracy of XRP predictions provided by the crypto community over the last six months is 91.73%. These estimations are viewed as a fair alternative to price estimates given by AI platforms, which have set lower XRP values for the same period. Source - Coinpedia
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I don't know if this article has been listed here before, take a look at this article, in special read the prediction from Bearable Bull. follow the link: https://todaysgazette.com/ripple-xrp-price-analyst-sees-xrp-at-5-10-in-9-to-10-days-1200-as-2019-price-limit/
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Great article explaining why Ripple is succeeding with adoption and keeping the XRP price temporarily suppressed. “Ripple has in their contracts with every single partner, the 200-plus partners which includes all the preferred exchanges and institutions, that they are required to acquire XRP via OTC”, the Podcaster continued. “They are not allowed to make purchases on the open market and the purpose of this is to temporarily keep the price of XRP suppressed.” “The YouTube podcaster added that he was informed that the contractual term isn’t going to be long-term, it would be lifted later and we will see the floodgates open.” “The goal today is broad distribution of XRP and a low price helps for that but we are getting ready to switch over as we see xRapid growing to actually send in payments, major payments through this system, and XRP price would ramp up”, the podcaster extended. “We’re going get more payments running through Xrapid and thus a higher and higher price.” Source: https://todaysgazette.com/ripples-contractual-term-with-over-200-partners-behind-xrp-low-price-here-is-why/
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Does anyone here feel like it's too late? Like the $200/ BTC to $20,000 jump (and gains of such high percentage points) will never happen again? What I'm trying to say is that does anyone here think (or feel) that it will never happen so good in the crypto markets again, the percentage of gains dropping and getting less and less spectacular. Perhaps we are already there? Do you think this applies to XRP, being the largest gainer in the 2017/2018 bubble by 36,000%??? Maybe 0.5 to 10 USD but not to 100 or even 50? Lowered appreciation, no more big wins?
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Are we to believe that the price of xrp is subject solely to the whims of a misinformed market? Supposedly Ripple has vast resources, full coffers, the brightest personnel with the most astute banking and business knowledge and many pending deals within the network of mainstream banking, and yet they, and we, watch helplessly as the value of xrp plummets. Surely the company could easily match the influence of the "whales" to shore up the price ? In fact, if the price moved contrary to the price movement of BTC it would differentiate xrp as a crypto asset, a commonly expressed goal.
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I've been a lurker on here for a few months now and a long term hodler of a decent amount of XRP (amongst other coins) for a couple of years. I've been playing about with BTC for several years longer and bought my first btc when it was 150 GBP. I tend to read the posts in the trading and price speculation section however, having just signed up here today I see I have to post here..I guess there are other similarly experienced people classed as "newbies" on here too...Id like to hear your thoughts It seems to me that not a single shred of news, publicity or whatever has any baring on the price of xrp. Everyone will have noticed the sudden dip a day or so ago and having read a lot of posts in the trading and price speculation its apparent that most folk who are..in the know, attribute this fall in xrp to 25million being dumped by someone the other day...this is just wrong...why...let me explain look at the shapes of every major chart...they're the same...someone selling 25million xrp would not cause the price of btc and every other coin to follow the same dip... conclusion...btc effects everything else 100% of the time...when btc crumbles I predict that every other coin will go to zero before some taking off again...there simply wont be a mass transfer of btc directly to another coin...this would be extremely stupid from an investment perspective...but it has to happen sooner or later
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This is my first post on this forum, so I'd like to take this opportunity to express my gratitude to the members of this great community and my privilege to be part of the XRP army. At the outset, I generally do not condone baseless speculation. However, 1. I don't consider the facts below as "baseless", and 2. I'm merely raising a question to anyone in the forum with macroeconomic insight. With the advent of the Petro-Yuan futures a few days ago, the efforts and intentions by China are clear: to internationalize its currency and force its trading partners to accept Yuan for its oil purchases. What's more, since some of the oil exporting nations are hesitant to sell their product in Yuan, China is making gold convertible to Yuan as source liquidity for the oil purchase. Some economist say it is the beginning of the end of the petrodollar, others say the price of Gold will skyrocket. I'm not an economist so I wouldn't know, but the purchasing mechanics of this revelation in oil commerce sounded all too familiar to me when I first read about it; i.e. Fiat -> gold -> Fiat for oil. An increasing gold value will not only come naturally, but "a higher price/liquidity also means we can target higher value payments" - to use the words of the great @JoelKatz At the same time, we know that Ripple is progressively pursuing a position in China. From the latest @Hodor blog: "..understand that China just decided to opt for a licensing approach for fintech firms wishing to enter the payments space in China". A move that would legitimize/institutionalize the Chinese adopted fintech infrastructure of the future. Hodor continues: "I think this move by China’s regulatory bodies is a direct result of momentum that has clearly been building behind Ripple’s strategy of closely advising the worlds’ central banks", "[Ripple] has also hosted a delegation from China’s central bank" For those that don't know, China is the world's largest importer of oil with not nearly enough gold to back up their oil demand. To continue listing of relevant facts, Saudi Arabia (incidentally the world's largest exporter of oil) and its central bank, SAMA, have signed a deal with Ripple back in February to manage cross-boarder payments. The Arab Exchange Market Secretary General, Fadi Khalaf, said that United Arab Emirate banks are aiming for a similar agreement. (UAE is the 5th largest exporter of oil). Im not trying to prove what is probably a non-existent connection. My questions are the following: Are we witnessing a blockchain-backed, oil commerce infrastructure in the making? (Does that even make sense?) Knowing that China might soon no longer buy oil in any currency except its own, and for the oil exporting nations that will shy away from accepting Yuan as a payment, would China lose out or benefit from utilizing a digital asset to source liquidity for oil trade in lieu of gold? What role could XRP play and what impact would it have on the exporting States? China is responsible for 8 out of 45 millions barrels a day of global oil imports, with oil futures trade being 30x the physical oil trade. At 65$ a barrel, what would that daily volume do to the XRP price? Hope to get some insightful feedback and good discussion. In the meantime (3 days later) this: https://cryptodaily.co.uk/2018/04/ripple-partners-bpg-emetal-digital-stock-exchange-metal/ #justsaying
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Spotted something similar over in r/cryptocurrency and thought it would be cool to see the results for XRP. The data is XRP market cap average for each month and the % change from the previous month. I don't fully support the idea that past performance predicts the future, but trends do exist. If you'd like to see other XRP data presented let me know. I'm also weighing up adding a technical section to the XRPinformation site.
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Hi all, I'm a ripple holder looking for some clearer insight...but the more I research the more i wonder about the decline of the future xrp price. I'm newish to crypto but have traded most asset classes over time. My primary concern is this ...and I'm hoping that I'll get a flood of "no your logic is wrong" or "it doesnt work like that" ...anyway we shall see... but my thinking is .... assuming the huge liquidity that the current circulating supply offers..and also assuming the transaction speed of ripple...surely there will always be ample xrp in the pot to facilitate the fiatA-xrp-fiatB process. So why would the xrp token be in demand if there is always enough in the pot that no one needs to hold xrp themselves. Ps I hope my logic is wrong and xrp price sees huge growth. Please help me understand if my above point is a factor or if I'm way off. Thanks in advance.
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https://rippleprices.net/ripple/ripple-and-the-xrp-effect/ Thoughts on this?
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https://rippleprices.net/ripple/ripple-and-the-xrp-effect/
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Hey guys my team and I have been working on a site dedicated to all things ripple (XRP). Please have a look and leave a comment on improvements that can be made and things you think would be beneficial to add and improvements that can be made. Thanks <3 Https secured website: www.rippleprices.net Thanks all! XRP will not only reach but it will pass the MOOON!
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Ripple’s XRP currency was trading at about $0.006 per token at the start of 2017, before a remarkable 12 months saw the cryptocurrency surge to an all time high of $3.84 on January 4 - an increase of nearly 64,000 percent. Ripple has since slipped back down to below $2, but its strong overall performance has fuelled speculation that it could soon compete with bitcoin (BTC) at the top of the crypto markets. A panel of cryptocurrency experts, brought together by Finder.com, predicted that Ripple will overtake Ethereum (ETH) to become the second biggest cryptocurrency by the end of the year. Read More: https://www.express.co.uk/finance/city/907242/Ripple-price-XRP-next-bitcoin-How-high-price-go-forecast-prediction-2018
- 14 replies
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Hello everyone! I have been reading this forum since last September on a daily basis in order to get a full picture of Ripple’s solutions and XRP. The quality info I found here from veteran posters was very convincing, and led me to believe that Ripple/XRP will most probably be the standard in the future. The volume of my XRP purchases mirrored my increasing enthusiasm about Ripple, and I finally reached my constantly revised target during the SWELL dump. I think I understand the potential risks, and planning to hold long term. The reason I am not 100% sure I understand all the risks is that I do not understand how xRapid works. Also, I just cannot wrap my head around how XRP can decrease the current cross-border transaction cost for banks without having a global price. Let me detail my two issues here. If I understand correctly, xRapid is the only software that is using XRP (therefore XRP ledger) and is basically a liquidity/remittance tool, which connects sender and receiver either directly or via a liquidity provider. In case of a scenario where banks hold XRP, they can use xRapid to send their XRP to other banks as a form of payment. That’s clear and simple. However, what happens when a bank (or banks) do not want to hold XRP? The textbook reply is that they can “source” liquidity from a liquidity provider in xRapid for the short time they need it for settlement to another bank. I get that. But how this works exactly? How the liquidity provider(s)’s XRPs are channeled into xRapid? Will their XRP holdings be visible for banks, so the can use it? Will the fees and XRP prices of different liquidity providers be visible for banks? If yes, how? What if the XRP pile of one liquidity provider (or the part that is allocated to a certain bank?) is not enough for a certain transaction, will the bank have to transfer the total sum in smaller parts? If not, how the possibly different fees/XRP prices of the different liquidity providers will appear for banks before the transfer? Although, my questions are concentrating on fees and different XRP prices of liquidity providers, I hope you get my point: I do not understand the internal mechanism of xRapid while I think it is very important in understanding how quick (or slow) banks will adopt this tech. The second issue I have is the lack of global price for XRP. I assume, that in order for XRP to be a cost efficient asset for cross-border settlement, the price should be the same in all parts of the world. For different reasons, obviously this is not the situation now, but the common notion appears to be that in the future, the price in e.g. Korea and US will get closer due to arbitragers stepping in. Still, when we are talking about the price of XRP, we take the XRP price of certain exchange or the average of certain exchanges. But how the liquidity provider will decide the price of XRP when offering it for banks in xRapid? Will they base it on their local exchanges’ prices? If so, will it not make the use of XRP inefficient? (e.g. if LP in Korea will set XRP price based on the price of Korean exchanges, whereas LP in US set the price it based on US exchanges, the exchange rate difference is something like 20%...) Does this mean that we can forget banks using xRapid unless there is a global XRP price? (By which I mean that the price difference in different regions is minimal, i.e. the arbitragers are leveling out the differences in prices, like in case of USD.) My understanding about xRapid, XRP pricing and liquidity providers is definitely limited, and I would really appreciate if someone could shed some more light on the internal mechanism of xRapid. (I think that the reason for this info not being widely available is that this is a big part of Ripple's know how, which they do not want everyone to understand...) BTW - Do we know about any FI that already expressed their interest to act as an XRP liquidity provider? Any company already doing it? - Do we know about any FI that is thinking about or already arbitraging XRP? Thanks for all your replies and comments in advance.
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As most of you may remember we had quite a similiar period at May 2017. Almost all of the altcoin prices exploded both in terms of USD and BTC and than collapsed back to where they were before May. Also XRP has a very similiar price formation now. I hope good news come soon and don't let the history repeat itself
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Here are the reasons why XRP will hit 1000 USD. 1. 150 trillion USD daily money transfer between the banks cannot be managed for a company who has less than 20 trillion USD value. 2. Transactions are easier. There are 500,000 USD bills, banks use only. So XRP will replace those. 3. 2030 world will be more criminal. A crypto currency will solve this issue, imagine there is no criminal activities possible since you can track the money. 4. For better future XRP as the USA based money should control the world. 5. Economically world needs freedom, for better economy for all world, and no more under bed money - because everyone will invest XRP- world economy will be super which will prevent world war 3. Win Win
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I have seen a number of posts and had questions regarding volume divergences between new price highs. As a refresher, in classic TA, price is the most important indicator, followed by volume. If volume is diminishing as price continues to move up to new levels, this indicates waning participation, which puts the rally on weaker footing. It can be a very good indicator. Great indicator to watch for sure! One problem in crypto is the fact that each exchange is it's own market maker, and many exchanges only carry a small amount of the overall global market volume of trade for an asset. I have seen many charts using Bitstamp XRP/USD pair to attempt to watch for volume divergences. This pair is only carrying about 4.3% of the overall volume of XRP trading. https://coinmarketcap.com/currencies/ripple/#markets I crunched together my own volume/price chart to show you (using data from coinmarketcap.com for all XRP pairs). There have been 4 price surges since the rally began in December. The second one had a significant volume divergence from the first. This ended up being a false signal as the market printed out new highs on the 3rd surge. Notice the 4th surge. Between the 3rd and 4th there isnt that much difference in volume... not much divergence there at all. Two points in summary: 1. Not all volume divergences prove to be sell (or buy) signals (especially if there are significant exchanges coming online between peaks/valleys). 2. Pay attention to the source of data that you are using... the closer to the entire market you can get, the better. Stay safe out there. If in doubt, HODL.
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Gaining ground is a double edged sword. I love the growth but not so crazy about paying near $2 for more XRP. Am I alone in this? Starting to feel like an old timer, "See this dollar here I used to buy 5-10 xrp back in my day with it."
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Could anyone help me understand why there is so much discrepancy in all the ripple charts being provided? Take for instance these: https://xrpcharts.ripple.com/#/markets/XRP/USD:rhub8VRN55s94qWKDv6jmDy1pUykJzF3wq?interval=15m&range=3d&type=line (says ripple is $1.80 USD) https://coinranking.com/coin/ripple-xrp (says ripple is $2.30 USD) Last night they were closer, but now they're drastically apart. These aren't the only two. I also don't understand Gatehub's charts. They seem off. No matter what I do, I cannot replay last night's frenzy. I ended up purchasing some additional ripple at an astonishingly high $2.64, only to see it back down today at $1.81 (please don't... the wounds are still fresh). Nevertheless, I don't understand when I look in Gatehub, I cannot produce a chart that reflects the highs yesterday. I can only see charts (even selecting a breakdown of minutes) that show nothing near that price. I don't understand why last night's price that I bought it at is not showing up at all on the charts on Gatehub and why there are so many discrepancies between feeds.
- 3 replies
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Now that we are experiencing significant upsurge, how high could ripple possibly go? There are currently a lot of people shorting ripple in Korea despite all the upsurge. (comparing with Litecoin and Neo) I even heard from a popular youtube broadcaster in Korea saying, the highest price limit of ripple is approximately 10$ considering the market cap. Many of the subscribers are blindly following his opinion, and I'm trying to give information to Korean crypto forum about how this 10$ limit theory is absurd. Now what are your opinions? If there's any reference from a renowned person or a group, it would certainly be grateful if the link is provided.
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I was kind of feeling a little devastated over recent decline. Ripple seemed to be losing its momentum every time bitcoin gets into trouble. I personally believe bitcoin will fail eventually due to pragmatic reasons and xrp reign the crypto world. However at the same time, I do fear this price coupling could drag xrp down to the bottom as well. I don't see why xrp should suffer equally when bitcoin goes down. Anybody care to explain this contradictory and yet seemingly logical link btw bitcoin and xrp?
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Hey guys, New here but been lurking for months. I've been in XRP since early Sept and have held my position since. I plan to hold for the long term. My question is after the spike last week, XRP is dropping a bit now. I'd love to buy more but do you all think it's going to go much further down and therefore wait a few days before buying up more? Or is the fact a few exchanges have a backlog of orders or have suspended services till Monday the reason for the drop? (Crypto monster is down till Monday and has this message on their site : "The order system will remain offline ALL of Sunday, 17/12/2017. We've had an extremely busy Saturday and are out of funds until Monday. We'll be back online on Monday, 18/12/2017 at 09:00 AM with fresh funds. All Ripple (XRP) orders have been confirmed on the blockchain and the orders have been updated to reflect this on your accounts." I know price speculation is silly but just wanted an opinion or two. Cheers, Mike
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https://bravenewcoin.com/news/ripple-price-analysis-trend-reversal-likely/ "The conference will also likely include an announcement regarding further mainstream bank adoption, possibly in Australia. Ripple recently gained a foothold in Mumbai, South Korea, and Singapore." "Expect a second conclusive announcement from XRP CEO Brad Garlinghouse regarding the 55 billion XRP Ripple the company is sitting on." Conclusion With a large XRP conference in Toronto beginning next week, expect several announcements and partnerships to develop. Typically, markets buy the rumor and sell the news. For this reason, further bullish momentum leading into the conference is likely. After the dust settles, the bull trend will likely continue based on decreasing available supply and increasing worldwide demand, adoption, and awareness. All the technicals presented above continue to support a trend reversal, albeit not definitive at this point in time. Ichimoku Cloud, EMAs, Pitchforks, and Bollinger Bands have begun to slowly flip bullish on high timeframes. Aggressive entries have likely already been made while traders requiring more confirmation will need at least a week or two before the trend shift becomes obvious. An immediate target of 13.8k sats is probable simply based on the 50% retracement level.
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Technical Analysis XRP/USD 07/10/2017 https://www.ripplecoinnews.com/technical-analysis-xrp-usd-7-10
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