Post
Topic
Board Speculation (Altcoins)
Re: XRP rises quickly!
by
Moeda
on 28/01/2020, 00:57:46 UTC
What is the main cause that makes XRP prices rise significantly to reach the price of $ 0.41. Or indeed this is the impact of changes in the conditions of crypto market capitalization in the last few days. Give your opinion here about XRP and the latest news. Thank you all.

In this one month, I saw almost all coins had increased. This is also because the price of Bitcoin rises, as does the price of XRP. If you want to know when the price of coins increases, then you must be able to follow the Bitcoin roadmap. The roadmap here is not only written, but about improving the world economy. Apart from that you must see the development of the XRP. Every time there is a change or the launch of a new platform, surely the price of the coin will increase.

If it was that simple you could just buy Bitcoin and that's it, but there are a lot of different technologies out there.
So, if there is a lot of technology being developed, why does the price of coins never increase if Bitcoin is not increasing. This means that alt is very dependent on Bitcoin. Can you give an example of alt prices that continue to increase without increasing BTC prices? I don't think there is. Ethereum is the world's number two coin, but the price increases in line with BTC prices.
Bitcoin is the top coin in crypto market so all the investors are follow the Bitcoin way and altcoins also occupy the major role. So once Bitcoin was dump automatically many investors are fear the further growing so they sell both Bitcoin and altcoin. It will react the crypto market and ripple is Banking support coin so many investors are buy this coin on previously. But most are like to concentrate decentralised platform so most are move to some altcoins in this year
Indeed, many have switched to Alt in the context of investment, and they left bitcoin for some reason. But this has not been able to affect the rise or fall of the price of bitcoin. Alt prices are also not too inflated. We can refer to the daily chart. They are in line. At present there are indeed many Alts working with conventional banks. We often hear that XRP will be validated as a means of exchange, but the XRP chart remains the same as the others.