XRP price prediction 2019 isn’t as bright as it should be. In fact, the XRP technical indicators show that the price of XRP is going to fall by up to 50% against the USD before a recovery will occur. This is why many in the industry have agreed that the price of XRP is undervalued and it is not in line with its development and adoption. This doesn’t mean it’s going to remain this way forever. A popular member of the XRP Army and a financial advisor, Tiffany Hayden, recently said that the price of XRP would soon meet up with its development.
XRP Price Prediction 2019 – XRP News Today – Price Of XRP Will Meet Up With Development Soon
The whole thing started when CCN published an article in which Wences Casares, the CEO of Xapo and director at PayPal, said that in the next seven to ten years, one Bitcoin will be worth $1 million or more. As expected, the post ignited a debate on Twitter. XRP supports posted a $42,000 XRP price prediction 2019. Other members of cryptocurrency community who do not believe in XRP came up and said that it was impossible for the price of XRP to move that high no matter how many years passed.
XRP (XRP) Price Today – XRP / USD
It was during this heated debate that Hayden said that XRP price is yet to catch up with its development but eventually will. Responding to one of the negative replies, Hayden said;
“I know the bear market has been difficult, particularly for people who bought at the peak, but the direction and momentum of $XRP have only increased since then. At some point, the price will *finally* reflect that. And then the haters will all scream “price manipulation!”
XRP News Today – XRP Price Prediction 2019 – Will The Price Of XRP Increase?
Right now, the price of XRP isn’t at its best. There have been many positive XRP news on the headlines but these have only had minimal impact on the price of XRP. In fact, the current price isn’t encouraging as it is struggling to hold one significant support after another. Let us not forget that last year, during the cryptocurrency winter, XRP was one of the few projects that were reporting gains against the USD. Even if the gains were not too significant, it have been on an upward trajectory for months now. Per development, there have been many significant achievements. The xRapid protocol which is fueled by XRP was launched and it started getting the attention of banks and other financial institutions. All these have contributed to the adoption of the XRP token.
At the time of writing, the price of XRP was trading at $0.321406. This means that is down by 1.74% against the USD and down by 0.45% against BTC. The trading volume over a 24 hour period is $866,834,035 and the market capitalization is $13,489,634,613. If it becomes valued the way it should, the price is going to reach higher highs than we have seen. This is because the cryptocurrency space moves in cyclical frequencies. So, the price of XRP will eventually reach the development.
What do you think about the XRP price prediction 2019 in the XRP news today? Will it happen or will the price of XRP keep falling?
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.