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Prothur
@Square-Creator-4c7114933
Trader and investor 📈
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Bullish
Split your funds buy different currencies with very low leverage and very far liquidity point then leave it for a very long time in a bullish market… just what I think make your own research. #BTC #Gala #solana #MTL $BTC $SOL $GALA
Split your funds buy different currencies with very low leverage and very far liquidity point then leave it for a very long time in a bullish market… just what I think make your own research. #BTC #Gala #solana #MTL $BTC $SOL $GALA
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Bullish
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Bullish
Check out this fellas
Check out this fellas
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Binance Square Official
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Binance Square Verification Checkmark
What is a Binance Square Verification Checkmark?
Verified badges are used to determine the account belongs to the person or brand they claim to represent. This verification badge helps you make knowledgeable choices about who to follow and the content to interact with. As always though, it's essential to Do Your Own Research and to report any suspicious content, ensuring you follow authentic, intentioned experts.
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See original
GALASDT 📈 #gala $GALA
GALASDT 📈
#gala $GALA
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$BTC A new high hit in a very long time 📈 What do you think is next? Trade carefully y‘all
$BTC
A new high hit in a very long time 📈
What do you think is next?
Trade carefully y‘all
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Bullish
The market is looking all bullish. What do you think, is it going to continue or is it a trap? $BTC #Solana
The market is looking all bullish. What do you think, is it going to continue or is it a trap?
$BTC #Solana
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Bullish
Ferrari to accept crypto as payment for its cars in the US #crypto2023 $BTC $ETH $XRP
Ferrari to accept crypto as payment for its cars in the
US
#crypto2023 $BTC $ETH $XRP
This is a good time to look out for how $XRP will behave in the coming days but with the total supply personally I don’t expect so much upward moves.
This is a good time to look out for how $XRP will behave in the coming days but with the total supply personally I don’t expect so much upward moves.
Quoted content has been removed
I have noticed from my past experiences the bulls are mostly trapped in the market in the last few months of the year but that doesn’t mean it’s always the case. Though the up coming halving could give a different outcome this time, be careful how you trade in this last quarter of the year and get your research done well before you carry out trades. $BTC
I have noticed from my past experiences the bulls are mostly trapped in the market in the last few months of the year but that doesn’t mean it’s always the case. Though the up coming halving could give a different outcome this time, be careful how you trade in this last quarter of the year and get your research done well before you carry out trades.
$BTC
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Bullish
With the current market XRP may see a little high but be careful cause it might as well drop below what is expected.
With the current market XRP may see a little high but be careful cause it might as well drop below what is expected.
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Coinpedia
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Ripple News: How Low Can XRP Price Drop This Month?
The post Ripple News: How Low Can XRP Price Drop This Month? appeared first on Coinpedia Fintech News

The XRP market is buzzing with predictions, and everyone has their share of versions to convince naive investors. Recently, XRP slipped beneath the $0.49 mark for the second time this month, hitting a one-month low amidst a generally bearish market and heightened selling pressure.

The air above XRP’s current state stems from its bearish trend since it surged 5.21% on Oct. 3, following the latest ruling in the Ripple case. That day, Judge Analisa Torres denied the SEC’s motion for an interlocutory appeal on aspects of the July 13 ruling they lost. 

Analyst Reviews XRP’s Bear Trapped Prices

Shedding some light into the scenario, Bill Morgan, a prominent pro-XRP lawyer, drew attention to this escalating bearish trend on Oct. 9. At that time, XRP was still holding above $0.50, but a gradual decline was evident.

Since the increase on Oct. 3, XRP has seen seven losses out of eight days, marking a decline of over 9.7%. XRP is trading at $0.4898, reflecting a 1.45% drop over the past 24 hours. The 24-hour trade volume has fallen by 29.28%, indicating reduced interest among traders.

XRP has now almost entirely lost the the gains from the recent Torres decision on the SEC’s motion for an interlocutory appeal as it previously almost entirely lost the gains from the summary judgment decision in July pic.twitter.com/Zloa3bcPMD

— bill morgan (@Belisarius2020) October 9, 2023

Understanding the XRP Decline

Since many are betting on XRP to reach a new ATH anytime soon, this bearish outlook catches everyone’s attention. So what’s pulling the 5th largest crypto asset? Firstly, a broader bearish sentiment has impacted the entire crypto market. Significant crypto assets like Bitcoin and Ethereum have suffered losses over the past week due to decreased buying pressure.

The global crypto market cap reached a two-month high on Oct. 2 and has since dropped by $70 billion, representing a 6.25% decline in just one week. These declines have had a spill-over effect, affecting assets like XRP.

Next up is the Israel-Palestine situation, which has also played a role in driving investors away from riskier assets like cryptocurrencies. Heightened tensions have led market participants to consider potential economic repercussions, prompting a move away from risk assets to hedge against potential crashes.

Finally, significant movements of funds by large holders to exchanges, including a transfer of 61 million XRP to Bitstamp, have raised concerns about further selloffs. Ripple moved 60 million XRP recently, contributing to the downward pressure on XRP’s price.

What’s Next in XRP Price? 

In the coming days, all eyes are on XRP as it teeters on a retest of the 0.45 mark, igniting excitement about a potential visit to the pivotal support at 0.41. The Ripple community braces for an exciting few weeks ahead, poised for whatever twists and turns may come its way!
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185 days to bitcoin halving.
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