The crypto analyst named Bearable Bull Run cited that the cryptocurrency market is going to see a massive boom overall. He said the build-up to the next crypto bull run can draw comparisons to the previous one. He has weighed into the future of XRP, claiming that the price of the asset class will reach $5-$10 in the next 9-10 days.
Bearable Bull declared that the limit the price of XRP can reach by 2020 is $1200. The analyst did not doubt the possibility of the price of XRP jumping to $1200 by year-end. His reasons for making this declaration about XRP is that XRP will enjoy mass adoption. According to him, the digital asset will be adopted by Central Banks and big commercial banks. He also says the digital asset will likely be adopted by the IMF. It should be recalled that Ripple has been closely allied with the IMF with the company getting several invitations from the World Bank and regulators around the globe.
XRP Price Prediction 2019 – Bearable Bull Run Prediction
XRP (XRP) Price Today – XRP / USD
As reported by U.Today, XRP is on the verge of forming a golden cross pattern, which is a surefire signal of a bullish reversal. If it follows in Bitcoin’s footsteps, it could be a boon for XRP holders who were mostly left on the sidelines of most recent crypto rallies. At this point, everyone’s favorite remittance token is eyeing the $0.50 price tag, giving investors every reason to be bullish on XRP in the short term.
Ripple Price Analysis – 10 Mln XRP Hit Coinbase Pro Account
XRP has shown a rise by almost 7 percent as a massive XRP transaction went to Coinbase Pro and a former Goldman Sachs exec joined Ripple. On Thursday, May 30, the crypto market is on the rise with Bitcoin SV as an obvious top gainer. On Wednesday, BSV managed to get onto spot 10 on CoinMarketCap and as of today, BSV occupies position 8, showing a rise by whopping 88 percent
The other day, XRPL Monitor account on Twitter posted data about a transfer of staggering 10.1 mln XRP. The receiver was a Coinbase Pro account. The precise amount moved to the wallet was 10,111,072.535 XRP and a fee of 20 XRP was charged for that.
The total balance of the receiving account now totals 10,117,190 XRP – this means that prior to the transfer it already had 6,118 XRP on it.
Ripple News Today – XRP to Overthrow BTC
It is no secret that XRP has the potential to overthrow BTC and become the next crypto mogul. Some believe it is the best cryptocurrency to invest in 2019. This may be the truth because XRP’s recent data shows that XRP has been massively adopted across the globe. The digital asset has so far performed well enough. Considering how Ripple chose to follow the regulatory framework in a bid to increase XRP’s adoption among governments, there’s no doubt that the digital asset has great potential for good things.
One major excitement about XRP is the fact that the digital asset solves important issues in the financial world.
A second reason is that Ripple, the company, is working with regulators across the globe at the moment to bring regulatory clarity for crypto. This will definitely improve crypto adoption especially that of XRP.
Another factor that is likely to push XRP, is the speed at which the digital asset works. XRP is a thousand times faster than Bitcoin. This had made big firms to see multiple reasons to use the digital asset for their cross-border remittance services.
Looking at the above-mentioned factors, it is difficult to deny the fact that Ripple’s XRP has the potential to become a top coin.