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Some time ago, an XRP price forecast for 2019 on smartereum.com put the XRP price at $ 589 before the end of the year. At the time, this prediction, while excellent, seemed possible because of Ripple's progress in adopting the xRapid protocol and the XRP token. XRP was also listed on Coinbase and other major cryptocurrency exchanges. At first, the 2019 XRP price forecast reacted slowly to development. However, the price of the XRP has entered a decreasing trend line and has been stuck in it for months. Although XRP remains the third largest market capitalization cryptocurrency, it is also the second worst performing token. So, will the XRP price reach $ 589 by the end of the year, as expected in our previous XRP news, or is the XRP dead?
XRP 2019 Price Forecast – XRP News Today – XRP Price Forecast – Is XRP Dead?
Some cryptocurrency analysts have said that the price of the XRP has no potential to exceed the USD 10 level, even at its highest point. However, there are also those who trust the future of the XRP, regardless of its current price. Crypto Bitlord, one of the leading members of the cryptocurrency community, predicted that the price of XRP will reach $ 589 in the future. To support his argument, he stated that Bitcoin was previously worth $ 0 and is currently worth over $ 5,000. He also referred to the fact that the price of the BTC was selling almost up to $ 20,000. Thus, in his view, if BTC could reach this peak in less than 10 years, the XRP could move from $ 0.30 to $ 589.
XRP is more strongly tied to the price of Bitcoin. While this is supposed to be a good thing, it also makes the 2019 XRP price forecast difficult. You see, if the price of the XRP is no longer closely related to the price of Bitcoin, an increase in the price of the XRP will not automatically lead to an increase in the price of the BTC. Since XRP has long been stuck in a declining trend line and has refused to exceed the $ 0.30 level, some members of the cryptocurrency community have begun to refer to the XRP as a stable currency and not as a currency. cryptocurrency.
XRP (XRP) Price Today – XRP / USD
At the same time, another cryptocurrency analyst said that the real value of XRP was $ 0.0043 and that the third largest market capitalization cryptocurrency was too expensive. It is a rumor that circulates in the industry and seems to affect the forecast price of the XRP for 2019. On the other hand, some believe that the price of the XRP is undervalued and that in the long run, the price be contrary to growth of development.
Price Forecast XRP 2019 – XRP Current Price – XRP News Today
At the time of writing this article, the price of the XRP was trading at $ 0.302100. That means it's down 0.26% from the US dollar and 1.52% from BTC. The trading volume over a 24-hour period is $ 855,990,414 and the market capitalization is $ 12,714,489,341.
What do you think of the XRP 2019 price forecast in our XRP news today? Will the price of XRP rise against the US dollar or will lower lows soon arrive? Share your thoughts in the comment section below.
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