Reading Time: < 1 minute

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. 

My minimum take profits as we approach 2021:$BTC – $30k$ETH – $500$XTZ – $10$XRP – $1

Good luck, have fun.

— Angelo฿TC (@AngeloBTC) February 18, 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.”

If you’re looking to trade XRP, give eToro a try. eToro is the world’s largest social trading platform, bringing its services to more than 10 million traders around the world. 

The predictions 

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.