- Analyst Predicts That Ripple Might Move Above $1 by November This Year
- Victim of COVID-19 Loses All Her XRP Tokens Worth $2,400.
Ripple Price Prediction – Things haven’t been great for the Ripple XRP token since the beginning of the year. Since the token reached its all-time high in January 2018, it has been on a downward spiral. This year, the price of the token started on a bullish trend. However, the entire market started to suffer and XRP crashed along with all the tokens. An XRP price analyst has predicted that the price of the XRP is going to move higher than the $1 level by November. According to the analyst on Sahiwal TV, the token may hit $1.6 by the end of the year. Since so many people have made bold bullish predictions for XRP that didn’t come true, it’s difficult to believe that the price of the token is going to make such a major move against the USD by the end of the year.
XRP Price Prediction 2020 – Here’s Why XRP is Going Hit $1.6 According To Analyst
According to the analyst, the price of XRP is currently undervalued. However, the technical indicators show that the XRP price correction is going to end soon and when it does, it would be followed by a significant surge in the price of the token. Well, because XRP is currently struggling to stay above the $0.1723 level, it is difficult to believe that a surge to the $1 anytime soon. XRP hasn’t been able to rise above the $1 level for more than a year.
XRP (XRP) Price Today – XRP / USD
Keep in mind that Ripple is making a lot of progress as a Fintech Company. The San-Francisco based firm has secured several major partnerships over the years but people are still worried that the price of the XRP token is not doing well because Ripple is manipulating the token to their advantage without considering the retail buyer. This brings up the issue of centralization. However, Ripple has denied these accusations on several occasions. As reported by smartereum.com, the SVP of Ripple Marcus Treacher, said that Ripple is not centralized and that the progress that they are making is based on their focus on the international global remittance industry.
XRP Holder Infected With COVID-19 Losses All Her Tokens
Yesterday, a cryptocurrency investor took to Reddit to complain about how she lost $2,423 in XRP tokens that she saved in her wallet. This is equivalent to about 14000 XRP tokens. According to her, she was the victim of a phishing scam. This particular phishing scam targets people with tokens on Ledger wallets. The victim of the scam, who recently tested positive for COVID-19, said that after downloading the Ledger Live extension, she noticed that everything she had in the wallet was stolen. At the time, she had an extreme fever caused by the virus.