XRP is sluggish in the mid teens and it cannot break out over .20 cents again towards .30 cents. It seems most in Cryptos are not returning to buy XRP, which has fallen down in price, but it cannot get up. Even many hardcore Ripple people that were pumping XRP said they sold their Ripple and they didn't rebuy. There must be a reason?
endtimenews
Ripple isn't coupled with the BTC price. For other altcoins you can only buy them with BTC so if Bitcoin goes up, so does the dollar value of most altcoins. For Ripple this is not the case as you can also buy them with other currencies. This makes them more resistant to Bitcoin dips sometimes, but also means they don't benefit from Bitcoin gains as much, if at all.
I don't see Ripple making any big moves anytime soon. Then again, I don't see it dropping too much from here either, maybe at most 5-10%. I don't think it's going to jump significantly unless major news is released. You have to keep in mind, Ripple already has a large market cap. If I were investing purely for monetary gain today, I think there are bets to make that pay out more, in a shorter time frame. This is likely why the traders are in other markets, because they probably think similarly.
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There are many positive news but the price is not pumping
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It is a good idea to have a handful of XRP for when the next batch of good news comes out. Keep in mind, that there are currently 130 employees that work for ripple, and are working out new strategy to make this useful in a ever-changing world.
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The market is vastly rejecting XRP now.
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I see that. Its hard to get excited about it. But I don't have much in there. There are a hand full of guys that do have a good chunk in there tho. Great post btw. Keep them coming.
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