XRP Fundamental Analysis
XRP is a global system for inter-currency payments, created by Ripple Labs. The main advantage of the network is that it allows mutual transfers to anywhere in the world in just a few seconds. This makes Ripple a very attractive choice for banks that rely on a real-time payment system. The Ripple Protocol is used by more than 75 payment systems and 90 banks around the world, including UniCredit and Standard Chartered. The high speed of transfers in Ripple is due to the fact that the network is supported by 14 servers around the world. More banks are switching to Ripple, which has allowed XRP to make a huge jump in value. Now, this currency by market capitalization ranked within the top-10.
Curr. Supply/Total Supply
XRP Live Price Chart
XRP Technical Analysis
Despite the fact that 100% accurate technical analysis for XRP cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated XRP buy-and-sell rating for selected timeframe. The summary for XRP/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
XRP Price Prediction
Below we have collected the most reliable price projections for XRP (XRP) from popular forecast platforms.
#1. WalletInvestor XRP Price Prediction for 2021 and 2025
According to WalletInvestor, XRP price will grow from $1.408 to $1.546 in one year. That makes XRP a good investment. The long-term earning potential is 9.80%. Predicted price for the end of 2026 is $2.036.
#2. TradingBeasts XRP Price Prediction for 2021-2022
Answering the question about if XRP is a good investment, TradingBeasts say resounding yes. In the 2021 perspective, this coin price is predicted to reach $1.56434 with a reduction to $1.26003 by the end of 2022.
#3. DigitalCoin XRP Price Forecast for 2021-2025
In DigitalCoin analysis, the price of XRP cryptocurrency will rise in the next 5 years starting from $1.374 as of today’s price to $4.223. It will go up to $2.282 by 2022 and continue its growth in 2023-2024. Based on the forecast, XRP is profitable long-term investment.
#4. LongForecast XRP XRP Price prediction for 2021-2022
In 2021, the average price will go down to $1.282. In 2022, XRP’s price will drop significantly to an average of $1.193.
As it can be clear from the analysis cited above, XRP (XRP) projections are rather contradictory. There is no universal consensus either about positive or negative future XRP price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the XRP projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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