Ripple Price Forecast: Will XRP take the place of BTC?

XRP Price Prediction 2018: Ripple is the third largest cryptocurrency in the world. But the recent changes in the market had a significant impact on the trading values of XRP. The coin lost 80% of its costs at this time. The currency suddenly started to trade in the red, and this was a significant setback for the coin. To get back on track Ripple entered a lot of partnerships, announced and launched new products. This changed the prices of the coin and slowly started to pick up its values. The positive response of the coin grabbed the attention of many investors.

Image result for ripple globalcoin

Ripple Announcements and Exchanges

Q1 of 2018 was not an exciting year for Ripple. It had to face many challenges, and the coin is still trading in the red. But our investors have predicted that there is a chance of ripple picking up its values and could take the place of BTC. During the digital currency growth, XRP was able to rise by 1360 percent, from its initial value at about 25 cents. There is a chance that the currency will again grow by the same percentage if the market changes. The amount of XRP could surge by 1360 percent again. Nevertheless, it would need absolute perfect market conditions, conditions that are not easy to come by. At the moment the current price of XRP is 0.462. If the market surges by 1360%, the value of XRP could take up to $7 mark which is a possibility. As said earlier, the achievement of this value is dependent on the condition of the market.

Ripple Price Prediction 2018

XRP can be a profitable investment option. Ripple price equal to 0.462 USD at 2018-06-27. If you buy Ripple for 100 dollars today, you will get a total of 216.670 XRP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-06-22 is 4.187 US Dollars. With a 5-year investment, the revenue is expected to be around +807.19%. Your current $100 investment may be up to $907.19 in 2022. XRP price today is $0.462 and have the market cap value $18,168,529,578. The current supply is 39,262,084,448 XRP and the volume sits at $220,857,000.

Conclusion

Looking at the present condition of the coin, XRP is a profitable investment option. As said earlier if the market surges according to the way of Ripple Golden years are waiting ahead for this coin and the profits will be high for the investors. If the market tumbles down again, the coin will lose its value and may crash in future. So the prospect of XRP relies on the market value.

Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give the information of the coin with careful analysis. Please conduct your thorough study before funding in any crypto.

Ripple Price Forecast: Will XRP take the place of BTC?
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