{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=EN&target_lang=IT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=The+Quick+Crash%3A+What+Happened+With+Ripple+XRP+price%3F&text=Ripple%27s+XRP+spiked+and+then+sent+down+immediately+dropping+30%25+in+seconds+on+Coinbase.+In+this%2C+we+explore+the+reason+behind+the+increase+and+the+crash.&text=The+price+of+Ripple%27s+XRP+went+up+-+and+then+rapidly+down+-+today+on+leading+United+States-based+cryptocurrency+exchange+Coinbase.%0A%0AAs+the+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-celebrities%2F%22%3Ecryptocurrency%3C%2Fa%3E+rallied+to+over+%240.90+USD%2C+a+price+it+hasn%27t+hit+since+May+of+2018%2C+it+took+seconds+to+fall+back+down+again+crashing+by+almost+30%25.%0A%0AIt+seems+as+though+the+surge+in+XRP+price+has+catalysed+by+only+Coinbase+users+with+the+leading+crypto+exchange+seeing+levels+unparalleled.+Boasting+a+demand+yielding+a+price+tag+go+%240.90+USD+for+XRP%2C+Coinbase+offered+a+high+that+other+exchanges+did+not.+Bitstamp+and+Binance+only+bagged+a+price+of+%240.79+USD+during+the+increase.%0A%3Ch2%3ERipple+XRP+crashed+on+Coinbase%3C%2Fh2%3E%0ADespite+the+fact+that+the+%3Ca+href%3D%22https%3A%2F%2Fstatus.coinbase.com%2F%22+target%3D%22_blank%22+rel%3D%22noopener+nofollow+noreferrer%22%3Eofficial+status+page%3C%2Fa%3E+on+Coinbase+states+that+operations+are+as+per+usual%2C+there+seems+to+have+been+fundamental+issues+to+cause+the+XRP+crash.+%3Ca+href%3D%22https%3A%2F%2Fdowndetector.com%2Fstatus%2Fcoinbase%2F%22%3EDowndetector%3C%2Fa%3E%2C+for+example%2C+shows+that+there+were+problems+on+the+exchange+which+resulted+in+the+quick+sink+of+the+cryptocurrency%27s+price.%0A%0AAs+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Ftrading-platforms%2F%22%3EBitcoin%3C%2Fa%3E+has+been+enjoying+a+rally+recently%2C+tagging+an+increase+of+over+30%25+in+price+in+two+months%2C+the+cryptocurrency+market+has+been+thriving+too.+Analysts+believe+that+Ripple%27s+initial+rally+might+have+been+caused+by+the+positive+sentiment+in+the+market+in+general+coupled+with+a+whale+trader+who+sent+over+%2450+million+USD+in+Ripple+to+Bitstamp+late+last+month.+Over+the+past+month%2C+Ripple+has+seen+a+strong+uptick+in+price+holding+a+147%25+increase+in+the+past+week.%0A%0AWhile+FOMO+and+sentiment+are+often+driving+forces+for+price+increases%2C+there+is+an+element+of+caution+advised+when+prices+are+surging.+As+anonymous+trader+cryptoSqueeze+noted+the+funding+rate+for+XRP+had+turned+negative+before+the+significant+spike+and+subsequent+crash%3A%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3ENegative+funding+on+XRPUSDT+on+FTX+and+OKeX.%0AWhat+could+go+wrong%3F+%3Ca+href%3D%22https%3A%2F%2Ft.co%2FTfIWcUeY7O%22%3Epic.twitter.com%2FTfIWcUeY7O%3C%2Fa%3E%3C%2Fp%3E%0A%E2%80%94+Squeeze+%28%40cryptoSqueeze%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2FcryptoSqueeze%2Fstatus%2F1331105674856595457%3Fref_src%3Dtwsrc%255Etfw%22%3ENovember+24%2C+2020%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%0ADespite+the+crash%2C+Ripple+is+currently+up+55%25+in+daily+trading+values+with+a+whopping+136%25+increase+since+its+price+this+time+a+week+ago.","timeout":15}