XRP price in the market is expected to rise despite being traded at below $0.3. People in trade are optimistic about its hike in price. An analyst has predicted a high rise of $0.46 and it can get even higher.
Dutch analyst Michael van de Poppe has dedicated a post to XRP, saying the situation will likely be okay for this crypto coin.
With XRP fluctuating below $0.3, the experts have said that it is necessary for the coin to hold above $0.25 to raise $0.46. Some analyst is even hoping it to raise $0.6 regardless of its current trading situation in the market.
An analyst on twitter has explained with reasoning why would the coin rise to $0.46 or even $0.6. For details visit the below link.
Still fine here.
As long as we stay above $0.245-0.25, I'd say we've got a S/R flip and we can continue towards $0.46 and possibly $0.60. pic.twitter.com/z8qO5a25ts
— Crypto Michaël (@CryptoMichNL) February 23, 2020
XRP expected to gain momentum
An analyst on twitter has reflected back to 2017 and compared the market similarities between the current XRP graph and that of 2017. With these positive indications, XRP price is likely to go up to $0.46 or with time can get even better at $0.6.
@mrlevelup expects XRP to soar and provides details in a video he posted to the comment thread. Visit the below link to know in detail about the XRP current situation in the market and what it can attain in the near future.
Just an FYI, as I read in the comments. The image above is 2017 vs 2020 today. Its an "area" location that we are at in 2017. With that being said… the details for today are in this video below. pic.twitter.com/knG0vw72zy
— Awake (@mrlevelup) February 24, 2020
Recent Happenings in the World of Blockchain
On Saturday, February 22, Weiss ratings a financial analytical company criticized the CEO of the Ripple over his remarks claiming that the cryptocurrency can not sustain without the help of banks and bankers. For its growth and sustainability, banks are a must for crypto’s bright future.
Weiss ratings opinion is exactly opposite to that of the CEO of Ripple. They believe that with cryptocurrency there would be no need for banks in the near future.
#Ripple CEO Brad Garlinghouse said that stressing compliance is key to getting bankers on board with #crypto. We don’t need bankers to get involved in the crypto. Maybe he and his company do, but the space doesn’t. Crypto doesn’t need banks, because crypto will replace them.
Weiss ratings expressed their opinion in a tweet on twitter and their remarks were as follows:
In the comment sections, the XRP community showed disagreement in the opinion.
#Ripple CEO Brad Garlinghouse said that stressing compliance is key to getting bankers on board with #crypto. We don't need bankers to get involved in the crypto. Maybe he and his company do, but the space doesn't. Crypto doesn't need banks, because crypto will replace them.
— Weiss Crypto Ratings (@WeissCrypto) February 22, 2020