Ripple(XRP) | How You Currently Look At Ripple(XRP)?
Ripple | XRP Current View
No doubts that there are a lot of news flashing for Ripple(XRP) like below;
The Securities and Exchange Commission announced that it has filed an action against Ripple.
Crypto exchanges and platforms continue to drop Ripple's XRP.
Exchanges and finance platforms including Crypto.com, Coinbase, and OKCoin said they were suspending trading of the XRP token.
But, How You Currently Look At Ripple(XRP)?
| XRP (Ripple) is one of the four cryptocurrency leaders, along with Bitcoin, Ethereum, and Tether. This reality helps one look at the Ripple more closely. |
However, according to my google research due to SEC has charged Ripple with an unregistered securities offering, Press Release, it will going to be Delistings, not in one day but in parts from many major exchanges.
To-date, below are the exchanges, and platforms that have a plan to halt trading XRP.
Beaxy – Suspended trading until further notice. Withdrawals will remain enabled until further notice.
Binance – Delist on 13th January.
Bitstamp – Suspend on 8th January.
Bittrex – Removal on 15th January 2021.
Bitwise – Liquidated its XRP position under its own crypto index fund.
B2C2 – Suspended trading until further notice.
Coinbase – suspension to begin on 19th January 2021.
Crosstower – Suspended trading until further notice.
Crypto.com – suspension to begin 19th January 2021.
Galaxy Digital – Suspended trading until further notice.
Genesis – Suspension to begin 15th January 2021.
Jump Trading – Suspended trading until further notice.
OKCoin – Suspension to begin on 4th January.
OSL – Suspended trading until further notice.
Simplex – Simplex partners have blocked the purchase of Ripple’s XRP with Simplex integration. These partners include but are not limited, to Binance, Huobi, KuCoin, and BitPay.
Swipe Wallet – Delisting for U.S customers on 5th January.
Wirex – Exclude Ripple’s XRP.
Ziglu – suspension to begin on 12th January 2021.
According to the current data available on the coingecko.com, the XRP is down by -65.5% in the last 30 days.
Ripple (XRP) On Technical Graph
According to the current price action of XRP and the one-day candle chart, it is trading between $ 0.21 to $ 0.22(INR 15-16).
Last week continue to fall on each day, XRP was bullish at the end day of 2020 that is on 31st December 2020, however, the candle made small and selling - buying pressure seems to the equal.
Start 2021, on the first day of 2021 XRP was bullish again and moved from $ 0.21 to $ 0.25. Can near $ 0.20 will act as strong support?
Let's See Ripple (XRP) Chart History.
We never know what currently, live happening with XRP at backend or fundamentally As a normal investor like me and you, we always come to know late when price already went up, but the market knows first.
Hence in history, we can see, the current level was the same when XRP went up from it. It's all about time, one single positive news can take XRP back, and if it is then it will be more powerful and may take more up.
But, How You Currently Look At Ripple(XRP)?
Disclaimer
The information in this post is not for an investment suggestion, it is for educational purposes. Do you own study before any investment.
Information Sources:-
- The Securities and Exchange Commission Press Release
- Ripple’s XRP Delistings – The List so Far
- XRP delisted on more platforms following SEC's Ripple complaint
Thank You.
@stream4u
CC:
@rishabh99946
@sapwood
@neerajkr03
As Preference, My All Posts and Comments are Set For 100% Power Up.
Ripple has been one of the most trusted securities. I think if they can go.beyond this trial. phase , then this might get much better this year
Thank You for sharing your view on Ripple(XRP).
As we don’t know what’s going on behind the seen buy if it happens with ripple then there are more than 50% altcoin could face this as well.
One can take a small position as per the risk appetite, though it will be a speculative bet. :)
Yes, right.
@crypto.piotr
Sorry to disturb you, but need your view on this post.
is it right time to buy xrp any future of xrp ??? please tell
If you could have found this post earlier then you had the chance to buy at the safe zone, but as you can see today it is up with more than 35% change now there will be chances for heavy fluctuation.
I never prefer or suggest to enter into the running trend, instead of that I prefer to buy at the bottom and safe zone.
If you are ready to digest the fluctuation then only can enter now, because XRP is one of the four cryptocurrency leaders, along with Bitcoin, Ethereum, and Tether.
There is a lot of negative news is against XRP but I prefer chart reading hence this post was made when I found it is at the bottom and may take reverse mode.
If you are thinking to enter into the trend then go with the money which you will not mind if lose OR looking safe side then wait and see if XRP is stable at one point then think accordingly.
#twopercent #india #affable
is it wroth now
I personally feel that ripple has huge potential after the verdict on their side. some of the institutional investors are very much interested in Ripple.
What do you think? where you see a ripple in the next 5 year @rishabh99946
@sapwood @neerajkr03