XRP Set To See More Gains In June, Is It Time To Invest in XRP?

The price of XRP began trade yesterday recovering from a brief correction it suffered on May 31. The coin has extended this bullish trend to June 2. Now, it is looking more and more like this month of June is set to see the price of XRP record gains and make advancements in its endeavors. Ripple has been working around the clock to ensure that its XRP cryptocurrency gets to the level it ought to be at. It shows in the recent XRP price prediction.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.252
-1.22%

The original goal of XRP was to become the top gun of digital currencies by displacing Bitcoin from its number position. XRP may likely never attain such heights. At least not any time soon. But the coin definitely offers value for investors.

XRP Price Prediction 2019: The Price of XRP To Hit $300 by 2020 If There’s a Repeat of What Happened in 2017 – XRP News

The month of May, which just passed has been eventful for XRP and a host of cryptocurrencies. XRP is among the top digital currencies that are regarded as the next big thing in the financial world based on the kind of solutions, they offer the financial and banking sector.

2017 was a phenomenal year for cryptocurrencies. Going by the market’s action at the time and comparing it to what’s in store for XRP now, it wouldn’t be wrong to predict the price of XRP to reach $300. At least by 2020. Despite experiencing a correction last month, the price of XRP is expected to go higher this June.

The recent price correction did not take the value of XRP below the major bullish level of $0.4. This price mark is viewed as a significant point for the asset’s growth.

XRP Price Prediction 2019: The Price of XRP Was Trading at $0.43 at Press Time – XRP Price Forecast

As of the time this content was published, the price of XRP was trading at $0.43. The digital asset had a market cap of $18.3 billion. With the price of XRP trading above $0.4, we expect the cryptocurrency to go bullish in the early days of the month of June with $0.5 set as the target point.

Despite XRP’s unconvincing performances, when compared to most other cryptos, XRP is performing just OK. The asset class has become increasingly appealing to institutional investors. Now, banks have started integrating Ripple’s technology to facilitate payments processing.

XRP is building bullish momentum this June following series of initiatives from Ripple. Ripple is consistently adding new clients to its list of collaborators in a bid to ensure more adoption. In June, new clients join the growing list on Ripple’s network to integrate XRP, which will help boost the price of XRP.

XRP Price Prediction 2019: The Future Looks Bright For XRP – XRP Price Forecast

It is safe to say XRP is a crypto that is worth investing in because the future of the coin looks bright. Hence, based on interest from global institutions, the price of XRP might end June by just over $0.5. Ripple, the company is also working on how to expand XRP use cases.

The firm has set its target towards getting payment partners from China. If the asset class thrives in a region like China, a country that has a population of $1.3 billion, the price of XRP could soar this June. This automatically makes XRP the digital asset to watch this month.

 

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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