Post
Topic
Board Speculation (Altcoins)
Re: Will XRP repeat last 2017 bull run?
by
fravia
on 30/12/2019, 23:13:34 UTC
No doubt Ripple is a gem in crypto and they have such big partners! Even a few days ago they got a huge fund from a partner again! But Ripple can't go alone, I believe all these coins are dependent on Bitcoin! So, if Bitcoin price sees a bull run like 2017, then why not for Ripple? I hope Ripple will hit 5$ this time!
Agree with you, if want XRP to break ATH 2017, BTC must first go up and pass 20k USD. Because this whole market is dependent on BTC and if BTC keeps going down like it is now, I doubt that XRP and all altcoins in this market will never repeat ATH again.
Debatable analogy but the market has proved this correlation many times. It doesn't mean the market will do it again for the next bull market. The new ATH price with higher BTC dominance can be a headshot for the altcoins as well as for XRP. The BTC can soar to $20k without altcoins.
In short it doesnt really correlate from time to time yet btc can really stand on his own without relying or seeing those alts together.
XRP repeat the same last run on 2017? Its hard to believe such thing yet altcoin season wont most likely to be seen because we are been
on a sideways market for long.
well if bitcoin once again has a mad bull run again this halving and make tons of money to the people then they might start throwing it into random cryptos such as xrp again. Everything depends on bitcoin really, if bitcoin is pumping then the alts are most probably pumping too. The secret is timing the market correctly to make as much profits as possible.