With altcoin price falling like a house of cards, Ripple seems to be on the verge. On the verge of either another nosedive or a long-awaited breakout. What to expect from Ripple? While experts don’t rush to share their opinion, amateur traders come up with their own XRP price predictions – some of which are dreadful. Here’s what people think about short-term future of XRP.
XRP holders are tired of the situation
And they literally express this concern. Due to the long-lasting downtrend, traders are confused and have no idea what to do – keep holding XRP or quitting the game.
Tired off the low XRP price
— Bobby (@RipplePalmInzel) September 6, 2019
Here’s another trenchant reply:
Who cares? This guy is controlling the price so that he can dump everyday. Biggest scammer of all. Robinhood stole from the rich. This guy robbed the poor investors. Just bla bla and no action!!! #XRPTHESCAM pic.twitter.com/1TNs2Z4f1j
— Sara (@xrpbagholder) September 6, 2019
The rumors about XR1 fork only complicate the situation – many Twitter users are sure that it will only suppress the current price level on top of that:
A fork means you get an exact copy of the XRP to the new XR1. And Ripple can now dump there 55+ billions XR1 to make the price go to zero and stay zero.
A clone means everyone starts from zero again.
— Binh Tran (@binhtran70) September 6, 2019
Thus, the traders expect XRP to nosedive and reach new lower lows 2019:
Ripple Price (XRP) Facing Hurdles While Bitcoin Remains Supported https://t.co/QIvPjXWemX pic.twitter.com/joafT0CWqh
— TechNoobs (@Tech_Noobs) September 6, 2019
Bears control the market
XRP’s strongest support at $ 0.28 was broken on August 14. Soon after, this support level was tested again and it has now become the strong resistance that XRP is facing. The bulls need to push XRP above $ 0.28 for a while, at which point we can expect a short-term rally to $ 0.33.
However, they fail to do it so far, and the bears are in control….
