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For those people who are patiently watching cryptocurrency and digital activity price charts, it's always about putting things in perspective. As for the price of XRP, stability has been one of its strongest causes in recent months, although this is not necessarily pleasing to many people. Even so, there is not much that can be done at this stage.
Continue the lateral trade in XRP price
In recent months there have been major changes in which most cryptocurrencies and digital resources are involved. Not all these changes lead to significant gains or losses, which is predictable only at this stage. In case of XRPthe second half of 2018 resulted in greater price stability than initially thought possible. Despite this rather positive trend, many owners and investors hope that "oompf" will return sooner rather than later.
No real change in XRP prices has been detected in the last 24 hours. For some owners and speculators, it will be rather disappointing, even if the rest of the industry does not seem to matter much. The increase of 1% of the value in USD reports XRP at the level of $ 0.357. A small deficit in the value of BTC pushes the price to 9,265 Satoshi. No big change, but it's not necessarily a bad thing.
On social media, however, it is clear that some people are becoming really impatient. The 7 God is a clear example, as this user requires Ripple provides some great news to send the XRP price back up. This is easier said than done and would not necessarily have the desired effect in the first place. It could be argued that the advice to "keep holding" is quite solid, though.
@ripple I need an ad to catapult the price to .42 because individuals keep selling at .38-.40 and it's annoying now. Tired of seeing that price of crap for #XRP . The longer you keep it, the better the price will be. Buy not sell #XRPCommunity #xrparmy
– The 7 God (@ The7God1) 5 January 2019
In a different kind of conversation, Sunny SoCAL would not bother to see Elon Musk openly supporting Ripple and XRP. This is one of those developments that has virtually no sense on the surface and will not even lead to real changes or developments in the future. Even so, this user deserves praise for the effort, even if it will not come to anything in the long run.
.@Elon Musk I'm * so * ready to buy one of the self-guided Tesla, but I can not do it until #XRP it is evaluated (highly) based on its true usefulness. ~~~ Howz on the public approval of the potential of XRP to change the financial world? Earnings will come back to Tesla!
– Sunny SoCAL ⚡️ (@devnullinator) 5 January 2019
American Digital Asset Partners firmly believes that all institutions will invest exclusively in the first three assets and currencies classified by market capitalization. Given that XRP is currently in third place, this will undoubtedly be included in this list sooner or later. Even if there is nothing wrong with being ambitious in terms of defending their holdings, it is still not clear what the future will be for all these currencies and resources in the years to come.
The institutions will buy the 3 big ones – #ETH #BTC #XRP The mistake will be the weak hands looking for crazy gold in smaller #altcoins because they seem cheap. No utility, no future. It happened the same way in the actions of the Internet in the early 2000s. Buy the quality, not be minimally scaled.
– American Digital Asset Partners (@AmericanDigi) 5 January 2019
Based on these current market circumstances, it would seem that the XRP price will continue its side momentum for quite some time to come. This is not at all negative, especially if we take into account how problematic the year 2018 was. To cancel all this damage will take a long time and we would not expect miracles in the near future. Projects with a functioning and profitable infrastructure will always be successful in the long run. How long it will take to realize that success, is a completely different matter.
Disclaimer: this is not about trading or investment advice. The article above is for entertainment and training purposes only. Please do your own research before buying or investing in any cryptocurrency.
Picture (s): Shutterstock.com
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