XRP Price to Reach $5-$10 in 9 to 10 Days, Analyst Declares, Is It Time To Buy XRP?

It is no secret that XRP has the potential to overthrow BTC and become the next crypto mogul. Some believe it is the best cryptocurrency to invest in 2019. This may be the truth because XRP’s recent data shows that XRP has been massively adopted across the globe. The digital asset has so far performed well enough. Considering how Ripple chose to follow the regulatory framework in a bid to increase XRP’s adoption among governments, there’s no doubt that the digital asset has great potential for good things.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.00-0.80%

XRP Price Prediction 2019: How the Price of XRP Became the Best Performer in 2017 – XRP Price Forecast

Back in 2017, the price of XRP achieved a milestone that saw it become the best performing digital currency. XRP surprisingly rose by 25,000%. The price attained an all-time high of $3.84.

Despite the fact that the price of XRP now trades around $0.38, earlier investors from its launch have gotten a whopping 6,425.76% ROI.

With the price of XRP declining, enthusiasts still remain optimistic that its value will skyrocket once more.

XRP Price Prediction 2019: What Factors Highlight XRP’s Potential to Be a Top Coin Once More? – XRP Price Forecast

One major excitement about XRP is the fact that the digital asset solves important issues in the financial world.

A second reason is that Ripple, the company, is working with regulators across the globe at the moment to bring regulatory clarity for crypto. This will definitely improve crypto adoption especially that of XRP.

Another factor that is likely to push XRP, is the speed at which the digital asset works. XRP is a thousand times faster than Bitcoin. This had made big firms to see multiple reasons to use the digital asset for their cross-border remittance services.

Looking at the above-mentioned factors, it is difficult to deny the fact that Ripple’s XRP has the potential to become a top coin.

XRP Price Prediction 2019: Bearable Bull Run Says, The Price of XRP will Reach $5-$10 in 9 to 10 Days – XRP Price Forecast

One crypto analyst has weighed into the future of XRP, claiming that the price of the asset class will reach $5-$10 in the next 9-10 days.

The crypto analyst named Bearable Bull Run cited that the cryptocurrency market is going to see a massive boom overall. He said the build-up to the next crypto bull run can draw comparisons to the previous one.

The popular analyst took an example from the past on 28 November last, where the price of XRP experienced a considerable spike. By December 11 of the same year, the price of XRP gained 25% as its stock grew exponentially. This made the analyst purport that before the end of May 2019, the price of XRP will see a massive boost.

Bearable Bull declared that the limit the price of XRP can reach by 2020 is $1200. The analyst did not doubt the possibility of the price of XRP jumping to $1200 by year-end. His reasons for making this declaration about XRP is that XRP will enjoy mass adoption. According to him, the digital asset will be adopted by Central Banks and big commercial banks. He also says the digital asset will likely be adopted by the IMF. It should be recalled that Ripple has been closely allied with the IMF with the company getting several invitations from the World Bank and regulators around the globe.

What is the price of XRP Today?

At press time, XRP is trading at $0.411392 according to data from Coin market cap. The coin saw more than 7% growth in the last 24 hours and is still surging.

 

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.

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