Here's a small recap of what happened earlier today with Ripple XRP:

1. Since $XRP pump announcement many of the #XRPCommunity prematurely jumped onboard and pushed the price from 27 cents to 77 cents in few days.

2. At the time of the pump #XRP price felt as low as 34 cents and found a support around 40 cents.

3. Reason for the price drop is simply because price of xrp peaked well before the pump date and time then whales at the exact time of the pump started to cash out for profit or short xrp.

4. The above resulted in incurring losses for some and gains for others,  but what is sure and certain is that this pump, pumped a new blood into the coin and raised awareness of its utility and the cheer power of the community supporting it despite the SEC lawsuit against Ripple accusing them of selling unregistered securities and despite the fact that most crypto exchanges in the US have either delisted XRP or halted / suspending its trading until further notice.

#BUYANDHOLDXRP

Learn from my stupid experience that just cost me an arm and a leg. It will do you good and avoid my huge mistake so you won't feel like shit and feel devastated like I am right now. I truly regret but to hell with it, it's too late for that now. So much for a merry holiday!

Anyway just lost over 12000 xrp (well over USD 6000 at one shot as of current xrp market rate). This shows how panic sell can screw one up big time. Im usually a long term hodler and I rarely do trade.... When xrp reached earlier today 44 cents I wanted to stop my loss so sold them for tether stablecoin (USDT).

Said to myself I'll short and rebuy again at a lower price but to my shitty damn luck at that very exact price point, it bounced back hard and here greed came at play and said to myself it will fall back down so let's wait and it kept going up then to make things worst for me, BTC has hit the long awaited All Time High (ATH) not seen since December 2017!!! Which gave a massive boost to all altcoins including XRP!

And me still awaiting for xrp to fall down, due to my greed index hitting all time high as well, kept waiting for a retrace and a correction which is of course far from it, we are in the middle of a damn bullrun!

Lost patience and kept seeing the correlation BTC / XRP / Other altcoins all soaring same time, I said let me not incur more losses, already got hit big time!

So bought XRP at 54 cents that's from selling it at 44 cents! 10 cents loss per xrp and the devastating results are over 12000 hard earned XRP loss! Perfect example of selling low and buying high!

Anyways guys learn from my stupid mistake and avoid what I've done so you won't suffer dearly as a result of your actions / decisions

PS: Any toxic / negative comment will be deleted and the member permanently banned. If you don't have a constructive feedback to share then keep it to yourself please! Enough already the loads of shit feelings I'm going through right now...

The price of XRP has taken a hit, declining over 2% within the last 24 hours and trading close to $0.42. This decline may be due to uncertainty and a possible downward move, according to the YouTube channel More Crypto Online.

They suggest keeping an eye on the downside as long as the price remains below the last swing high of $0.47, with a possible target of $0.37.4 based on a one-to-one ratio between the length of the A wave and the high of the B wave.

The channel also notes that there was previous resistance at around $0.41.7, which could now serve as the next support level. To confirm a bullish wave count, a clear support level is needed, which in this case is at 40 cents, also a 78.6% retracement level.

The recent drop in Bitcoin price due to Binance's suspension of withdrawals may have also contributed to XRP's decline, despite signs of recovery in US regional bank stocks earlier in the week.

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The inception of the XRP ledger can be traced back to 2012, when visionaries Arthur Britto, David Schwartz, and Ryan Fugger laid its foundation. Since then, the XRP ledger has continuously evolved through updates and enhancements, bolstering its utility and security.

Exciting news arrives from XRPScan, the prominent XRP Ledger explorer and network analysis platform, as they unveil a significant milestone achieved by the XRP Ledger.

Amidst the crypto regulatory crackdown in the United States, XRP price continued to gain value against all odds. According to the latest crypto market data, XRP price exchanged around 49 cents, up approximately 7 percent during the early Asian trading session. On the other hand, Bitcoin and Ethereum prices were down about 3 percent during the same period to trade around $26.9k and $1,715, respectively.

The XRP market, heavily bolstered by the Ripple Labs’ businesses, has attracted crypto traders’ attention since the asset broke out of a multi-month logarithmic downtrend... Read more

#XRP is a coin that simply refuses to die. Despite a plethora of exchanges and wallets in the #US delisting / suspending $XRP it's still going strong against all odds and almost touched down the 33 cents earlier today!
#XRPCommunity I truly salute you🙇‍♂️
No retreat, No Surrender👊🏻

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The crypto market is experiencing a downturn, with many cryptocurrencies testing or falling below crucial support levels. Bitcoin plummeted below $27,000 and lost support at $26,500, while ETH dropped below $1760. However, XRP has shown remarkable strength and resilience amid the market's bearish trend.

The positive sentiment surrounding the Ripple vs SEC lawsuit is one reason for the growing strength of XRP. Ripple CEO, Brad Gardlinghouse, recently expressed optimism that the lawsuit would be resolved before the end of Q3, fueling the XRP price.

While the price of XRP is rising in the short term and may test interim resistance levels, it's important to reach the next resistance at $0.5 to eliminate the bearish influence. To trigger a significant bull run towards $3.3, the price must hit the major resistance at $0.67. This prediction has been made by a popular analyst.

The XRP market has experienced notable growth and development, largely influenced by the ongoing SEC vs. Ripple lawsuit in the United States. Ripple's CEO, Brad Garlinghouse, revealed that a substantial $200 million has been dedicated to fighting the SEC over the past two years. Despite these legal challenges, Ripple's products, such as On-Demand Liquidity and RippleNet, have gained significant adoption globally, extending the demand for XRP beyond the United States.

Furthermore, Ripple Labs has allocated nearly $1 billion for strategic acquisitions, indicating their commitment to expanding their presence in the industry.

There's been a new development in the ongoing lawsuit between Ripple and the SEC, and it might have a big impact. An advocate for XRP and attorney named Bill Morgan has revealed that the SEC's own expert said that since mid-2018, changes in the price of Bitcoin and Ethereum have accounted for up to 90% of changes in the price of XRP.

Morgan thinks that if the SEC's expert is correct, Ripple is to blame for allowing the price of Bitcoin and Ethereum to influence the price of XRP. He also thinks that Ripple's centralized management means they control the price of XRP.

Interestingly, Morgan also agrees with the SEC's claim that investors rely on Ripple's efforts to create profits. He thinks that investors are not depending on Ripple's sales of XRP, but on their legal efforts in winning the lawsuit against the SEC.

Another attorney named Jeremy Hogan has reacted to Morgan's claims and made an assumption that the judge overseeing the Ripple lawsuit might decide that sales of XRP since mid-2018 were not securities because even the SEC acknowledges that Ripple's actions since that time have had almost no impact on XRP's price. This could lead to an unexpected verdict in the case.

#Ripple $XRP riding the unstoppable bull train! 1 dollar 25 cents wow... Just WOW! 🤩 💪🏻🚀🌚

Wait! What? #SEC lawsuit against #Ripple you say?!
but.. BUT $XRP just got to 45 cents! 🚀 🌚

#XRP is still being traded in massive volumes despite most #crypto US exchanges delisting it or suspending trading with it.

Face it haters lol 😂 , XRP is here to stay and to flourish💪🏻
#XRPCommunity

The surge in xrp price is not in any way, shape or form solely and exclusively correlated to the spark token airdrop, it's an altseason across the board, almost all top alts have witnessed a considerable increase in prices, them too are appreciating in value due to the spark airdrop? Of course not...

Therefore while spark will lead to more investors buying xrp to benefit from the airdrop post-snapshot and some will dump after the snapshot takes place, I don't think there will be a huge dump that is significant enough to lead to a sudden and steep decline in xrp price, there's over 3 billion xrps held on coinbase alone so go figure, it's not the spark airdrop that will define the use case and utility therfore the value of xrp, it's actually the other way around, xrp gives value to spark and gives it the utility it needs to bridge the XRPL to the Ethereum blockchain.

So not sure if xrp will go up or down post snapshot but if it ever falls I don't think it will be a steep decline, nothing more than any other coin that will eventually witness a healthy correction / adjustment.

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Ripple's CEO, Brad Garlinghouse, has expressed optimism about the potential resolution of the long-standing crypto lawsuit between Ripple and the SEC. Garlinghouse recently predicted that the court battle, which began in December 2020, could conclude within a few weeks.

Garlinghouse also highlighted the ongoing developments in the courtroom and discussed various points, including the significance of the Hinman speech.

Cryptocurrency experts have predicted that XRP, the cryptocurrency issued by top blockchain payment firm Ripple, is on track for a major surge by 2030.

One of the experts, Egrag Crypto, recently shared their prediction, including a forecast that the asset could reach $120 by July 2024.

However, prominent XRP investor and crypto trader, Mack Attack, has set more ambitious targets for the asset, predicting it will hit $550 before hitting a value of $7,000. The expert ultimately expects XRP to hit $10,000 by 2030.

Interestingly, the third analyst, Dark Defender, examined XRP’s price changes from October 2016 to February 2017, when the asset dropped massively to as low as $0.005. If something like this were to happen again, Defender believes the XRP price could hit over $130 by the end of 2023.

XRP’s recent growth comes amid an increase in buying pressure and growing anticipation for the outcome of Ripple’s legal battle against the US Securities and Exchange Commission.

The remittance token also took advantage of the hype of the altcoin season, hitting multi-month highs ahead of the ruling, which is expected to manifest anytime this month. A ruling in favor of Ripple could see XRP soaring to new heights. As of the time this article was written, XRP was worth $0.515.

#Ripple $XRP has a nuke up its butt propelling it to new heights like daily!
#xrpthestandard #internetofvalue #xrp

$XRP soaring like an eagle 🦅 and getting to 45+ cents as we speak!
What a gorgeous and stunning day this must be for #XRP hodlers across the world! You have been patient for so long and now that patience and resilience of yours are paying off BIG TIME! XRP is in the mooning mood! 🤩🚀🌚😋
https://t.co/izRDh98vTc

The "corrupt" financial institutions system XRP haters always talk about and blame Ripple for it has existed well before we were born and will stay well after we are gone.

A system so rooted and powerful and neither crypto nor anything else for that matter can take it away. So if you can't beat them join them and see how you can improve on them from the inside and that's what XRP is trying to solve, the multi trillion dollars industry through bridging cross border payments at a fraction of the cost and fees at lightening fast speeds making the whole process frictionless and very cost effective.

XRP while perhaps might not be your typical definition of a cryptocurrency coin but as a financial instrument stands I see lots of potential in it and it can be very profitable as a long term investment paying off its holders many dozens / hundreds folds their initial investments.

The banking and financial system employs literally a dozen of millions of employees globally and many world economies have strived based on this sector alone.

Just my two satoshis...