The XRP price prediction 2019 has been positive since the beginning of the year. Even with the criticism from different people in the industry, Ripple and XRP have been counting their wins. During the last Bitcoin bull run that started a few days ago, XRP was reportedly soaring before Bitcoin and Ethereum. The latest XRP price prediction 2019 from a popular cryptocurrency analyst, DonAlt, places the price of XRP at $589. What do you think? Does XRP have what it takes to hit $589 during altcoin season?
XRP News Today: XRP Price Prediction 2019 – XRP Set To Hit $589 In Latest XRP Price Analysis
CryptoDonAlt has always been a popular analyst in the cryptocurrency community. He has made many cryptocurrency price predictions in the past. Recently, he said that the price of XRP is going to move as high as $589. This would happen in altcoin season (a period when altcoins out perform Bitcoin). In his words;
“Looks like we’re getting $589 after all. In all seriousness, this looks pretty good. If we’re truly going to get an alt season and this breaks out it’ll outperform most if not all other majors. I used the dip today to get a bag with spare BTC I had lying around.”
To put things into perspective, XRP is currently trading at $0.341041. This means that it is down by 4.70% against the USD and down by 4.68% against BTC. The trading volume over a 24 hour period is $2,279,108,937 and the market capitalization is $14,236,346,578. DonAlt is suggesting that the price of XRP is going to move from $0.341701 to $589 soon as we are now in altcoin season.
XRP News Today: What Are The Odds Of XRP Moving As High As $589
Like many other known figures in the cryptocurrency community, DonAlt has many reasons to be this bullish about XRP. In the cryptocurrency space, adoption is everything. He believes that XRP is going to gain massive adoption soon because of the effort the XRP community and Ripple are putting into the project. The xRapid payment protocol by Ripple uses XRP as liquidity. Already, xRapid is gaining global recognition as the future of cross-border funds transfer.
Ripple has partnered with many well-known traditional financial giants and there are many more partnerships in the horizon that will be beneficial for XRP. The most recent one was with Santander. The global financial giant announced that it would be using a payment processor powered by Ripple’s technology. It said that it decided to use Ripple’s technology because it is cheaper and more efficient for cross-border remittance.
XRP (XRP) Price Today – XRP / USD
Apart from the use of Ripple’s tech, developers in the space are trying to increase the adoption of the XRP token with new moves. Recently, Gmail users started enjoying a feature that allows them to send XRP through the MoneyMessage browser extension. On a Twitter post, XRP Army started;
“MoneyMessage is a Browser extension which allows you to append money in the form of XRP (Cryptocurrency) and send it to any mail receiver. A receiver doesn’t need an account or knowledge about Cryptocurrencies. The amount will be deposited in XRPTipBot which allows your receiver to withdraw at any time.”
What do you think about the XRP news today? Is the XRP price prediction 2019 by DonAlt sustainable? Share your thoughts in the comment section.