There is no digital asset investor that isn’t concerned about the future of his or her investment. Digital asset investors on the XRP rich list are particularly interested in the best XRP price prediction 2019. This is because there has been a lot of controversy surrounding the XRP token and Ripple. XRP news about the possible declaration of XRP as a security has caused a lot of panic among investors on the XRP rich list. The XRP SEC saga is still not over but the result is most likely going to influence the price prediction of XRP and the company behind it, Ripple. One of the latest XRP price analysis stated that the price of XRP will hit $9 eventually. How possible is this? Are the fundamentals of XRP strong enough to support such a rise?
XRP Price Prediction 2019 – XRP Price Prediction 2020 – How High Will XRP Go?
During the recent cryptocurrency bull run that took the price of Bitcoin above the $5000 level, XRP was able to record gains until it hit $0.38. The $0.38 level had a significant resistance that it was unable to break and the price of XRP started falling lower against the USD. It found strong support at $0.30 and analysts were worried that the price of XRP may fall below that support. Thankfully, it didn’t but it didn’t move above $0.38 either. In fact, when other cryptocurrencies were surging against the USD, XRP was crawling. It was having difficulty recording gains. It wasn’t until yesterday that the price of XRP picked up and it gained by up to 5% against the USD.
The XRP price prediction 2019 is a little unclear. Some XRP news report that the price of XRP has not yet hit bottom. So, they anticipate that it is still going to fall significantly before it starts rising against the USD this year. The price may bottom out at $0.6 by December this year. This would be followed by a rapid increase in 2020. The analyst said that the price of XRP will close at $6.25 to $7.25 by December 2020. This is after selling as high as $9 around spring the same year.
XRP Rich List – XRP News – XRP Price Prediction 2019 – Current Price Of XRP
An XRP price analysis on beincrypto.com suggests that the price of XRP has what it takes to increase by 3365%. If this happens, XRP will sell as high as $9.06. The analysis is based on the past and present XRP price trends, the XRP fundamental analysis and the XRP technical analysis. This year, however, every digital asset investor on the XRP rich list has been advised to brace up for more loses against the USD.
XRP (XRP) Price Today – XRP / USD
At the time of writing, the price of XRP was $0.331678. This means that it is down by 2.44% against the USD and down by 2.21% against the price of BTC. The trading volume over a 24 hour period is $1,011,778,720 and the market capitalization is $13,920,789,962.
What do you think? Can the $0.6 XRP price prediction 2019 happen? Do you believe the $9 XRP price prediction 2020? Share your thoughts in the comment section.