If Ripple could reach $1.20 next week?

in #ripple6 years ago (edited)

Don't worry I'm not crazy and it isn't my prediction, but reading here and there on the web I found some predictions not so much visionary given the potential of Ripple.
Of course the price of Ripple hasn't shone in the last sessions. Today is worth on Coinmarketcap is 0.6160.

today chartCapture.JPGAccording to a Cryptodaily analyst, the XRP quotations next week could increase to nearly $ 1.2. (https://cryptodaily.co.uk/2018/05/ripple-climb-95-next-week-xrp-see-1-20/)

The arguments in support of this optimistic prediction are linked to the Ripple's agreements in recent times with 100 partnerships with banks, financial institutions and money transfer services interested in Ripple technology.
Another important factor to consider is the undisputed Ripple Team's expertise in the cryptocurrency field which is led by the able CEO Brad Garlinghouse who believes there is a strong correlation between Bitcoin and other Altcoin prices and as soon as market participants will realize the differences between crypto assets, this correlaction will be broken.
The potential of Ripple to continue expanding and take root even more in the coming months is real. It has the third largest market capitalization within the cryptocurrency space, standing at 27 billion dollars. Ripple technology allows to process 1500 transactions in the same second, much faster than a bitcoin transaction and not to underestimate the transaction cost is minimal. Also according to Investingpr, (https://investingpr.com/ripple-price-predictions-for-2018/) Ripple is the cryptocurrency to keep an eye on this 2018, they say: "if banks adopt this technology as several experts are predicting, the sky is the limit." Its superior technology makes Ripple an excellent candidate to replace the antiquated SWIFT system and if it would be more accessible to public investors it should increase its adoption rate other than 1.2 $ as happened in the past January 04 2018 Ripple reached $ 3.58 starting from just over $ 0.20.

chart Capture.JPG

However even if for skeptics Ripple can't reach $ 1.2 next week we mustn't forget that in the medium and long term this digital currency has excellent growth potential remaining one of the most profitable investments of 2018.
So buying Ripple at today's value will surely be a good future investment and then it could prove a winning chance in the event of a rise to $ 1.2 as these rumors were true.
I hope I was helpful.

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It seems a wildly optimistic prediction, unless there is some accompanying news to back up the claim.

Thanks for your message. I believe a lot in Ripple and I think that in this 2018 it will give us a good performance. I can't guarantee for the rumors of the next week even if anything could happen. :-)

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