Ripple Price Prediction – XRP To Hit $0.21
Ripple has been working hard this year to boost the whole XRP ecosystem, despite the global crisis that has been triggered by the pandemic.
The company is also pushing for the mass adoption of XRP as well, and things are going great in this direction as well.
There have been all kinds of optimistic predictions about the price of XRP.
In the past few days, Ripple’s XRP started a downside correction from the $0.2118 swing high, as NewsBTC notes.
XRP priced prediction for the short term
“It corrected below the $0.2050 and $0.2020 support levels. The price even spiked below $0.1900, but downsides were limited,” the same online publication posted in their article.
They continue and predict that the price might correct lower towards the $0.1945 and $0.1920 support levels. The same publication also notes that the main support is near the $0.1900 level.
At the moment of writing this article, Ripple’s XRP is trading in the green and the coin is priced at $0.198101. XRP is up by more than 0.50% in the past 24 hours.
The online publication notes that “If there is a daily close below the $0.1900 support zone, the price could continue to move down towards the $0.1820 and $0.1800 support levels.”
XRP mind-blowing prediction
In other news, there’s been a prediction about the price of XRP that popped up in the crypto space.
Steve Wynn, who is one of the most successful businessmen in the gaming world spoke in an interview with Forbes about XRP.
Here’s what he had to say: “It’s designed to have a value of 10,000 per coin. This assumes every retail transaction and international currency transfer uses XRP.”
He continued and said that “This is very optimistic and a long way off. As it goes up I will take some profits at certain times, but I don’t have a targeted price to sell all of it.”
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Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.