Bold forecasts for the price of cryptocurrencies should always be taken with caution. If it was so easy to predict the price of Bitcoin, Ethereum or Ripple, we would all have become rich. However, one analyst is sure that the price of Ripple XRP will reach $ 16 by the end of the year.
According to reports, Samson Williams, CSO the Irish Fintech firm SeedUps, predicts that XRP will reach $ 16 by December of the current year. He made this statement among a group of five other cryptocurrency analysts who discussed the future of the industry this year.
The experts say about Ripple
Samson Williams, who is also a partner in the consulting company Axes and Eggs, dealing with Blcokchain and cryptocurrency development, said:
"This is not a digital currency, it is a child of banks. Thanks to this, he will get a natural blow from the recession in 2018."
Other panelists had their own views on why Ripple will succeed this year. Technologist Joseph Rachinsky believes that listing Coinbase may well raise the token in the price to $ 5:
"In my opinion, this can happen if Coinbase adds It to its trading pairs. I assume that the decision will be made in the coming months, if they add it, then XRP will take off to heaven, and I think it will affect the entire crypto market."
It should be noted that the petition to add Ripple to Coinbase has gained more than 220,000 signatures.
Cool Post. Since you got the bitcoin tag do you have a prediction for Bitcoin over the next few days? Also followed you for future posts :)
strong resistance to 11K breakthrough which can give a good movement