The Ripple (XRP) thread

So why did Ripple Climb so high and then go down so low again?

I bought at 3.63 and 12.50 and its almost 12.50 again.

Highest I saw was 49!

What gives!
 
So why did Ripple Climb so high and then go down so low again?

I bought at 3.63 and 12.50 and its almost 12.50 again.

Highest I saw was 49!

What gives!

Look at most other crypto currencies as well. Proper recovery has not even actually started yet. Except VEN :erm:
 
Hate to be that guy to pounce and say I warned everyone the price is going to correct to $0.50 or below but here I am.

It does feel rather self defeating to see the whole crypto market taking punches all at once but still does not remove the fact that Ripple is taking the biggest punch due to the pure pump scheme that drove it to near $4 and over it for brief period earlier this month. The current XRP price is down more than 75% from its high just a few short weeks ago. That is the biggest drop between any of the top100 listed coins so its by far above the norm in comparison to the current crypto price "correction" and just plain pumpers doing their dumping slower than I actually expected but the pumpers needs to have some decent liquidity to sell into so they are taking their time.
 
Buy-Ripple_History-of-Ripple_History-of-Ripple-Coin_IGDT_rev7.jpg
 
They are still very much tethered to bitcoin though. Price dropped further and recovering slower in the recent crash
 
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