Ripple Price Prediction 2018: Can XRP rise to $5 in 2019 – XRP Price / Ripple News Today: XRP has been one of the most popular cryptocurrency in the market. Also, with the Ripple Inc. inking more and more agreements with various corporations as well as banks, the influence of XRP is significantly increasing. The question which however remains is whether these partnerships can help ripple in gaining $3 price which it gained earlier.
Ripple Price Today XRP/USD
XRP May Go To 0.78 USD In 2018
September 2018 was the best month for Ripple/XRP so far because it beat Ethereum market capitlization twice to become the the 2nd most valued crytocurrency. In same month, Ripple’s blockchain solution xCurrent when live in Japan for real time bank to bank transfer.
#1 The Economic Forecast Agency
The EFA predicts that Ripple’s price would fall further, which means their products will no longer be used. As a result, Ripple could fall to $0.32 by in 2019.
#2 Ripple Coin News
Ripple/XRP coin news, the second largest news site on the basis of traffic, predicts that 2019 and the coming years will be a smooth period for Ripple as there will be an addition to the partnerships and new technologies, which might surge its price to 8 to 10 dollars.
#3 Daily Express
The Daily Express, a UK tabloid newspaper, believes XRP could skyrocket in 2019 with an XRP token price of $5.06.
Metro, The Uk’s biggest newspaper publication argues that Ripple would fall to $0.22-0.28. They think Bitcoin will still dominate the millennial mindset and will reach $20,000
CoinSwitch on Ripple Price Prediction
According to the different predictions worldwide, Ripple is going to take an upward surge in a graphical manner.
According to the World Bank, global remittance payments are expected to grow by 3.4% to roughly US$466 billion in 2019. Therefore, there’s a large market for Ripple to potentially tap into.
Ripple Price Prediction suggest that the Ripple Price is up for a long-term 926.52%in the XRP price value with a 5-year investment. This means that in the year 2023, the Ripple Price is forecasted to stand at $4.52.
Ripple Price Prediction for 2019
Ripple may open the market with the rate of $ 0.78 and may reach till $1.10 till the middle of 2019. Next year, it may be having independent trading platforms and investment routes like bitcoin and Ethereum, closing the rate to around $1.20 by the end of 2019. It will give tough competitions to other currencies like Litecoin and Dash.
Ripple Price Prediction for 2020
It looks like 2020 will be the year for cryptocurrencies and Ripple is predicted to be one of the leading cryptocurrencies in the world with the high amount of supply. First quarter will be very volatile as all of the currencies would experience ups and lows. Cryptocurrencies might give a competition to the stock markets and commodity markets in the near future. By the end of 2020, Ripple would be around $1.40-1.50.
Ripple Price Prediction in 5 years
As per the forecast and algorithmic analysis, the price of 1 Ripple (XRP) will be around $4.52 in 2023.
Ripple is also set to partner with more European and Latin American banks which might help promote both XRP and Ripple’s payment technology. These developments could lead, to big price rises in the XRP token price as the predictions stated above. So this means, the Ripple price prediction should go the positive way. You can convert XRP to BTC from CoinSwitch at best rates.
Ripple New Developments:
Ripple Inc is developing newer and newer technologies which can propel further the adoption of its payment protocols. It is consistently trying to increase the adoption of its xCurrent, xVia, xRapid protocols. It is trying to integrate these with XRP. With the increased adoption of these technologies, the price of XRP will increase further as well. There are quite a few new developments due to which, it can rise to even $ 5 in 2019.
XRP is the only cryptocurrency on SBI’s virtual currency platform:
SBI has remained faithful to ripple since a long period of time. On its virtual currency platform, XRP is the 1st cryptocurrency to be listed. Also, it is the only cryptocurrency which will be listed. As a result, the credibility of XRP increases significantly. According to the CEO of SBI Holdings, Yoshitaka Kitao, the company will be attempting to market the platform in order to make it one of the biggest cryptocurrency exchanges.
As a result, the volumes of XRP will increase significantly. This will in turn help ripple.
Ripple Inc is tying up with biggest financial institutions:
JP Morgan a few months back announced that it will develop its own system similar to ripple in order to manage internal cost. However, the company has not been able to make any further developments. This is a clear indication that developing such a system is not that easy.
Moreover, companies like Western Union, Bank of America are already testing the ripple network in order to process remittances. With successful testing of these networks, it can easily lead to widespread adoption of the Ripple protocol. This will ultimately increase the usage of XRP.
Even though the cryptocurrency market is highly volatile but with so many upcoming partnerships, ripple does hold greater value. If any of the large banks implement the ripple protocol, it can easily rise above $ 5. It all depends on the partnerships which it is forging with various companies all over the world. If it is officially implemented by any of the banks, it will receive a huge boost. Keywords: Ripple, XRP, cryptocurrency, Ripple Price Today, Ripple News today, XRP Price Prediction Source: Crypto Globalist