Is Ripple (XRP) starting to make a comeback?

[Abbas ali]

XRP fell as much as 13 percent, hitting the lowest level in about a week. XRP, the world's third-largest cryptocurrency, slumped after Ripple Labs Inc. said it faces a U.S. Securities and Exchange Commission lawsuit over its affiliated token

 

[BrolySSJ]

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I wouldn't be surprised if the price of Ripple comes back to be on the increase this time around. The coin has been looked at to be a forsaken one to the extent that Binance even considered delisting it. I think this is one of the tactics of trading Cryptocurrency, some coins hibernate sometimes and before you know it their price becomes unexpectedly increasing.

There are many exchanges did en up delisting the coin because of the uncertainty that surrounds the future of the coin as well, and therefore it was their opinion that by delisting the coin they can minimize the losses that they may incur. But it is good to see the price of xrp rising at the moment. What do you think is likely to happen in the outcome of the lawsuit? Apparently the SEC does not lose lawsuits. Therefore, could this be the last price hike that we see for ripple?

 

[Hasan Raza]

Definitely Ripple will come back again, and it will not be so easy to eliminate a top cryptocurrency. I believe they will overcome the lawsuit and make a big wave in the crypto currency world. That is why when it dropped in price drastically, I invested in it. But the risk fear is hand to hand.

 

[Ralphjoe]

In the light of this topic, my friend adviced me like two weeks ago about Ripple that a colleague of his told him to invest in Ripples XRP now that they are facing litigation as their victory in this lawsuit will shoot up the price of the coin and even if it failed then he didn't loose much as he just invested just over $6 into it. He based his financial advice on this matter on Bitcoin's journey too, how they were sued and how the prices soared after they won their lawsuit.
These kinds of investors like my friend and his colleagues and soon to be me are the major reason why Ripples XRP is now appreciating in value. This is quite unprecedented for Ripples.

 

[Caali]

you are absolutely wrong. You are confusing the very real potential value of the Ripple Platform, the ones those ‘major banking industries’ are coming on board with and the token associated with that platform called XRP,

 

[btaliat]

I have always been a huge fan of xrp. And I always believe that it can not go down or I extinction as people always believe due to the trouble it faced around December and early January this time. I believe it is a coin that has future.

 

[Sana Diyar]

In the light of this topic, my friend adviced me like two weeks ago about Ripple that a colleague of his told him to invest in Ripples XRP now that they are facing litigation as their victory in this lawsuit will shoot up the price of the coin and even if it failed then he didn't loose much as he just invested just over $6 into it. He based his financial advice on this matter on Bitcoin's journey too, how they were sued and how the prices soared after they won their lawsuit.
These kinds of investors like my friend and his colleagues and soon to be me are the major reason why Ripples XRP is now appreciating in value. This is quite unprecedented for Ripples.

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Ripple's XRP, currently the fourth biggest cryptocurrency by value, according to CoinMarketCap, is fighting for its life.

XRP, the digital token controlled by the San Francisco-based company Ripple, has lost half its value in the last 24 hours, going into free fall after the U.S. Securities and Exchange Commission (SEC) said the token had been illegally marketed to retail customers.

 

[Ltherman]

The current predicament with SEC seems to have made people write them off but so far there is no penalty so far there is still so much hope for the coin. Having to hold the coin for a while will be beneficial in the long run.

 

[Klismannm12]

For me I wouldn't advice anybody who is strictly into short buy and selling to invest in ripple as it will tie your money down, instead invest in ethereum I think this coin has a very high level of stability compared to the ripple though all cryptocurrency seems to be controlled by bitcoin.

 

[Enzymada]

Until the lawsuit is settled in court and XRP is officially deemed a currency, the price will tank as low as possible. I’m talking sub pennies. This case is extremely serious and even potentially will involve criminal charges against Brad and Chris.

 

[mcjerry]

I said it. Ripple can not just go like that. If not for the law suit, ripple is one of the best coin to invest with. The coin is very popular with with huge transactions volume. Now that ripple is back. We can now invest with ripple with peace of mind

 

[Damscooguns73]

Concerning if ripple is starting to make a comeback. Well, ripple tends to be coming back to play little by little even with the law suit against them. Imagine if ripple overcome their lawsuit, I believe it is going to be a good news for the company and their investors, and even the support that they are gaining from the Asian country Japan is encouraging

 

[Niftyyem]

Honestly, I cañt help but wonder how xrp is increasing in price with all that is happening with the company. Many exchanges even suspended trading the coins and others delisted it. I just feel uncomfortable that this may just be a temporary thing.

 

[Taimoor Jutt]

It is the good news for those who invested in Ripple but they will be rare one's. But it is good news for ripple fans and also good sign for currebcy as it broke the shackles. At the end of 2021 price can be $0.55 and end of 2022 may be $0.60 it was expected. Now let's see.

 

[Rashid]

Yes it seems that it is coming back on the Track, so i think it is good sign for investors, crypto currency and itself too. So by watching the graph of Ripple it is increased it's value a certain %age, and hope will go up and get some rewards for patients. But i suggest not to invest in Ripple.

 

[Eodine]

Sure looks like it, and if it becomes possible for ripple to make a comeback it is going to be a history that won't be forgotten easily, despite the lawsuit I think people are willing to take a chance on the coin.

 

[adazeez1995]

Well, it's just a question of time. I think XRP might reach $10. It has a well organised utility value. So it is very viable as it has a good reason to exist as it has a higher chance of being used as a medium of exchange in the real world than Bitcoin. Hence, it has potentials to dominate the cryptocurrency chart.

 

[Yewande]

I would not advice short term traders to invest in ripples at this moment. Wait for the coin to cross this bridge then you can invest. Because if you do, you mind end with a big loss in your investment.

 

[Axad. Mrb]

XRP nosedives to test 6-month support at $0.1713 with a lawsuit filed by SEC against Ripple and the third-largest cryptocurrency then. XRP loses a massive amount of market cap after the lawsuit filed and, therefore, loses his position against Tether as the latter takes over due to a constant loss of price. In the last week, XRP plunged by over 50% in less than 24 hours after a clear rejection of this investment tool and kept declining thereafter.

 

[abubakar3141]

Much of the clients at Ripple are abroad. 90 percent of the amount of #XRP trading exists outside the USA. ... Therefore, if Ripple retains its objective field, the 50 percent probability of XRP making a comeback may be valid.