Cryptocurrency price predictions are common as crypto enthusiast and analysts predict the prices of their favourite coin. Sometimes these predictions are favourable and sometimes they are not. Sometimes they are based on gut feeling and other times of market trends and algorithm. Ripples XRP is not left out as an XRP enthusiast known as @AlbaniaRipple has made a forecast of the future of XRP on Twitter.
XRP ranks as the third cryptocurrency on coinmarketcap and is currently trading at the price of $0.351. However, the cryptocurrency had experienced an all-time high of $3.398 in early 2018. In @AlbaniaRipple’s view, the maximum price that seems achievable for XRP is $10. According to him, speculations got XRP to almost $4 last year and the max it can attain is $10.
Can Ripple Reach its $4 Mark this year?
A lot of financial institutions utilise Ripple and the cryptocurrency is consistently adding new clients. The price of ripple and its market cap and value will likely increase in the nearest future as it adds newer clients to its network.
However, while some analysts believe that the value of XRP can triple before the end of the year, others do not believe that it is one of the best investment opportunities one should consider this year.
While price prediction is a gamble as the coin can increase beyond the prediction or dump, some people do not agree with @AlbaniaRipple’s view. Another Twitter user @dwxrp replied to the tweet stating that a massive adoption of XRP was ongoing and that it was saddening to see people limiting the ability of Ripple.
He also added that the XRP was doing great and that in the nearest future it may be a stable coin and may likely remain on the top for the next few years. Others proposed that XRP will become a stable coin and find its way to the top in the nearest future.
A lot of predictions have been made on the price increase of Ripple. However, enthusiasts are confident that as the adoption of the coin grows its price will as well. Top news website, Ripple coin has predicted that this year holds better promise for the coin and new partnerships might help it scale to reach the price of $8 to $10.
Specialist on crypto prediction website, UsLifted, believe that XRP can reach $22.79 by 2020. The list goes on. However few are yet to agree with @AlbaniaRipple’s view that Ripple will be stuck in the $10 mark.
Do you agree with @AlbaniaRipple that XRP can only attain and remain in $10? Share your thoughts with us in the comment section below.