There is one thing that is constant in every part of the cryptoverse and that is the need to consider price predictions. Whether you’re a new investor or you’ve been investing for years, you’ll always want to know what the future holds for the coins you have in your portfolio which in this case is Ripple (XRP).
Ripple (XRP) Price Prediction 2018
The news of Ripple’s victories have been circulating in the crypto ecosystem for a while now. The question is whether these victories will affect the company and the coin in the next six months of the year.
Ripple (XRP) Price Today
A few months ago, a lot of people predicted that Ripple’s XRP will sell as high as $4 or at least $3 dollars especially since Ripple XRP’s all time high was $3.79. As if that wasn’t enough, some people predicted that the Ripple XRP would sell as high as $10 and even $30.
The prediction for $10 started after the news that SBI Holdings would be creating a cryptocurrency exchange got into circulation. The exchange is already live but this hasn’t affected the price of Ripple in any way.
So, Which 2018 Ripple Price Prediction Should You Follow?
The cryptocurrency market is new, highly volatile, and speculative. If you don’t want to get your hopes up and get disappointed later, don’t follow an upward price prediction when the market is trading south. The cryptocurrency market is like a large organ of interconnected parts. When the market sentiment is bearish, it will be difficult for a single coin to have a long-term bullish trend. So, expecting a significant rise in price during a bearish wave is a setting you for disappointment.
This doesn’t mean that Ripple (XRP) will never rise again. The coin still has a huge potential and has met all the requirements for growth and sustainability. To keep your heart safe, don’t allow emotions cloud your judgment. Follow fundamental and technical analysis. Know when to keep trading and went to sell off no matter which coin is involved.