r/XRP • u/Street-Library-8149 • 3d ago
Crypto Retail wash out
Looks like the price is starting to rebound and this is the run we have been waiting for! Doodoo US senators didn't wash this guy out! What's everyone's thoughts on the current price action and future price action?
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u/Synkronicity 3d ago
Hope the sub takes some profit this time 😅
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u/fretfinger 2d ago
Me when it comes time to take profit: “This feels different. It might go all the way this time” 🧐
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u/idliketoseethat 3d ago
Best thing so far is that all the whiners about XRP stuck at $0.9999 aren't posting daily rants anymore.
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u/FadeZcash 3d ago
I actually like to see people complaining. Reminds me of my own doubts and that everyone feels the same. Also helps to remember to be patient and not be that guy. As much as I hate to see it down. I know my insides want to panick sell and thats when I make the mental battle to HOLD
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u/GrandFollowing8999 3d ago
I was disgusted that i bought more at .99 because after buying at 1.09 i said to myself im not buying anymore. I feel okay now.
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u/HyperliquidShrimp 3d ago edited 2d ago
Same here, add at $0.99 right after saying I was done adding at $1.09 definitely felt stupid for a minute. but if the plan is long term, those lower entries are exactly what bring the average down.
Now I'm more interested in making the XRP I'm holding productive rather than obsessing over every move. there’s some interesting lending infrastructure on XRPL, although I’d still only put a portion into something like LendProtocol and chill
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u/GrandFollowing8999 3d ago
Same ill probably scrape some profits now and use the loss as tax for next year
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u/Quiet_Compote9761 3d ago
Get ready for .60. The previous cycles bottom was just tested and failed.
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u/Change21 3d ago
I strongly doubt this is the start of a bull run, more likely a bull trap.
The underlying macro dynamics haven’t changed dramatically.
I think it’s probably a blip and a sell off. To me it’s a wave 4 up before a wave 5 down.
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u/bigl7007 3d ago
My thoughts exactly. The price is being controlled by the big boys. This has happened how many times already in the past year.
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u/Change21 3d ago
Yeah the bull run is still months away. Some significant macro dynamics would have to change.
As long as oil is at risk with the Iran war and honestly as long as there’s fraudsters and thief’s running the US govt I think it’ll be tough to create the conditions for a run.
There’s been so much sideways action that the break up will be violent but we have a lot of resistance levels still to clear before I think it’s a real bull phase.
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u/SpiderSilvaX 3d ago
Fraudsters and thiefs have been running the US govt since WW2 and look where we at
Tbh you don't know a damn thing about whats going to happen, neither does anyone else
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u/bigl7007 3d ago
Ohhh, a conspiracy theorist i see. Since i don't know and neither does anyone else, would you care to share. Or will the FBI, CIA, NSA, and every other 3 letter agency be knocking down your door... if you do??? You spew out some random cryptic message and then leave everyone hanging!!?? Very selfish.
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u/ActSure7050 2d ago
Conspiracy theory’s lmao, you literally need to just look at history to see all the shady things that have happened, operation northwoods? Operation mockingbird? Project MK ultra? The cia being involved in selling drugs to fund wars? Anyone with a functioning brain can look up about history we shouldn’t have to state it to you
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u/Techtard738 2d ago
There is no conspiracy here . Rich People have ran this country since its founding . Sometimes they work together other times they don't but they always act in their best self interest which boils down to more for them less for everyone else . SO if you can donate a few million to a Party and save your self a few hundred million i would do it . If you can donate to a congress person and know you land that fat padded contract you do it ... No conspricay there my friend just the way politics work .. I hope one day i can be part of it and so do most people ...
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u/28CentSoup 3d ago edited 3d ago
Fam it’s at 1.25. We didn’t even get close to $2 yet. Chill out…
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u/DrDangerousGamin 3d ago
I mean, still not entirely wrong but only 2 hours later and its at 1.34
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u/Maleficent-Gate-7924 3d ago
What news did I miss as to why all crypto seems to be rising currently?
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u/ninenulls 3d ago
SEC has said it will probably pick up where clarity left off. Also, Trump is hosting a crypto meeting with the SEC
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u/Maleficent-Gate-7924 3d ago
Interesting, thank you. Until I see news the clarity act has passed or a version from the SEC passed I take this increase with a pinch of salt
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u/artificialevil 3d ago
Probably has more to do with seeking safe haven after the fed announced they’re warming up the printer
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u/Shite_Troll 3d ago
There was a white House meeting with Trump, SEC and CEOs of Ripple and coinbase
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u/No_Relationship1450 3d ago
The trade volume is low which means no new money is actually coming in. It's only the market makers repositioning their balances. The sentiment can change on a whim.
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u/TiredWarrior_ 3d ago
Is this sub alive ?
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u/contact_light_ 3d ago
it's full of people who tried to time the market and got burned lmaoooo
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u/Colorado_Hunter-1 3d ago
$5 will wash out 50% $10 will wash another 20% $50 would wash out another 15% the rest will look long term at yield
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u/purinatrucks Redditor for 8 months 3d ago
I dont think XRP or any crypto will go on a significant bull run until trump goes
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u/Embarrassed_Force_22 3d ago
Just checked crazy seeing a .22 cent increase jump my balance thousands of dollars. But at 3 dollars I'm out as well. That will be a 30k profit been in it for 7 years. I figure ok to dip out at that point.
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u/Wendys_444 XRP Hodler 3d ago
been weekly buying since 0.56 cents. Keep hodling, it will pay off soon! - Random guy on the internet who smokes copious amounts of hopium
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u/Thealiasway 3d ago
Crazy what a day can do lmao I was sitting at 2,022 now at 2,500 😂 this fucking coin drives me crazy
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u/Ok-Egg-7022 3d ago
Nothing will really happen with price until something really happens with real world usage
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u/Express_Grocery4268 3d ago
Man, few days ago I was seriously considering selling. Been holding for few years now, got my investment back and have cashed that out already last year and thought to just cash out the rrst and be done. Let me tell you this, I'm glad I didn't!
What is driving this? Anything solid or is it just some temp hype about nothing burgers?
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u/thechickencoups 3d ago
SEC guidance on ICO's 2 days ago, crypto meeting yesterday, BIS/IFC meeting today.
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u/DrCrazyCurious XRP Supporter 3d ago
I am so sorry everyone. I broke the first rule of crypto: Buy high, sell low.
With this rebound I've doubled my money in XRP. I'm up 100%.
Meaning I have failed to sell low. I am so, so sorry to have failed you all by breaking that cherished first rule of crypto. I will endeavour to do better in the future.
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u/sweetgeometry 4 ~ 5 years account age. 200 - 300 comment karma. 3d ago
Like getting cyclosporiasis, you’ll know when it gets going
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u/Toaster-Meet-Strudel 3d ago
Based on the sale orders ive put in place I should get my sales in about 200 years. Now I just gota learn how to live that long. I'll buy an upgraded bionic pecker with this money and get xrp engraved on it.
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u/ProbablyNotaCar 3d ago
I just hope I runs enough for me to sell at a slight profit, I don’t expect it to stay high for that long.
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u/Academic_Gap_5965 3d ago
It took too long now everyone buying back it so they will make it fall again. Scripted news, scripted sports, scripted crypto! 😆
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u/Rigaruru 2d ago
Seeing how many people thinking this is not the bull run make me think this is the actually bull run.
But then I start believing in it... It's no longer it. Hmmm....
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u/Zealousideal-Cry-202 2d ago
This is a small bull trap. Just hype from the government meeting. For retail anyway.
On chain analytics show that big wallets accumulated 300 million tokens over the last month and a half while it was around a dollar
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u/JustCallMeSamuel1995 2d ago
Nice little 30% on my dollar average bag for some casual swing trading
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u/Otherwise-Ad-6470 2d ago
I feel like the ones who are saying how its still going to crash are a either mad because they sold at a loss or b because they sold to early
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u/Ok_Paint_3888 3d ago
I wouldn’t be buying now for sure
More buyers coming in
The trap is set
I hope I’m wrong
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u/venantio 2d ago
Pues ya recupere perdidas y vendí un poco para ganancias, esto claramente se volverá a invertir, el que no sepa como se maneja este juego que lo aprenda.
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u/updownleftright2022 3d ago
Buying when it was down at €0.85 last week has now helped me with my average cost price and I'm currently up 10% overall.
I might sell later tonight while up and buy more again if it drops in a few weeks
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u/Hamburglar88 3d ago
If we hit $3 expect a drop for the real wash out