Predictions For 2018
– Looking at the latest developments and increasing interest towards the XRP, by the end of 2018, the Ripple price is expected to cross the $7 barrier at least.
– Trading Volume of XRP is nowhere close to the most popular cryptocurrencies, BTC and ETH. Trading volume is expected to grow in 2018, and a rise in speculative activity on the Ripple cryptocurrency can even raise its prices to $7-$10 mark as well.
– Though the overall price of XRP is expected to witness an upsurge, not all months of 2018 will be the same. A lot of cryptocurrency enthusiasts don’t like the idea of banks or any financial institution or a company regulating the cryptocurrency. In the long run and as long as banks exist, XRP is likely to prove as a solid investment, but its prices can see a downward trend in some of the months.
If you want to invest in Ripple, XRP as a long-term investment that you would like to hold for years to come, Ripple seems to be a promising investment. A paradigm shift is happening, and we are moving towards digitization of all currency. In the world where money exists in the digital ledger of banks, cryptocurrencies like Ripple have a special place as they are not anti-bank in nature like many other cryptocurrencies. Instead, they are developed to let the banks utilize the evolving blockchain technology.
With a promising financial technology for future and growing network of banks, Ripple’s cryptocurrency looks like a promising long-term investment. With more investors becoming aware of XRP and a growing awareness towards its technology, XRP’s prices are expected to rise in 2018. In the first half of 2017, XRP’s price surged up to 4000%. As the trading volume of this cryptocurrency is nowhere near the most popular cryptocurrencies, BTC and ETH, it is expected to witness at least one-fourth or half the spike as seen in 2017. Therefore, it is predicted to rise above $5-$10 in 2018.