According to new reports, Ripple’s XRP coin could gain ⅔ of its current price by the end of 2020, reaching $1. On 16 February, XRP dropped to $0.26, but quickly gained reaching $0.29. Following this, some crypto analysts blew up Twitter – making predictions that Ripple’s XRP could reach $1 in 2020.
What is Ripple?
According to eToro, the world’s largest social trading platform, “Ripple is the company behind XRP. RippleNet and the XRP Ledger were created by RippleLabs, which uses open-source technology to beat Bitcoin in speed, and banks and other financial institutions in fees. Having launched in 2012, Ripple soon exploded onto the crypto scene.”
AngeloBTC, a “semi-retired” crypto trader, expressed his opinion that XRP would reach $1.
Another trader, @cryptomocho, posted a photo with a graph showing XRP’s bullish behavior. The digital asset recently jumped up to $0.30, although it’s now trading at $0.23 – at the time of writing.
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