What are the prospects for Ripple according to experts?
Most experts agree that the price of Ripple by the end of the year will increase significantly.
For example, Samson Williams, Executive Director of strategy (CSO) in the Irish Fintech firm SeedUps, predicts that the price of XRP will reach $ 16 by December of this year.
Most price forecasts for XRP converge on a growth of 540%, i.e. by the end of the year the price will reach about $ 6. Nevertheless, Williams, who is also a partner of the consulting company Axes and Eggs, working in the field of blockchain and cryptocurrency, believes that Ripple will have a phenomenal growth this year :
This is not a cryptocurrency in the classical sense of the word, it is a child of banks. Thus, it will naturally grow during the recession of 2018.
Read also-ripple price Forecast for 2018 (updated version)
Other analysts agree that the price of Ripple will rise, but in their opinion the growth rates will be different. For example, Joseph Raczynski believes that the listing on Coinbase may well send the price of XRP to the mark of $ 5:
In my opinion, this can happen if Coinbase adds this cryptocurrency to its listing. I guess it will happen in the next few months and in this case it’s hard to predict to what level Ripple will rise. I think this will have a positive impact on the entire cryptocurrency market. If this does not happen, I think that the price will remain in the range of 0.80 to US $ 1.50.
News about the new ripple partners appear almost every week, and it is certainly useful for both the company and the eponymous cryptocurrency. Western Union is one of many, but probably the largest company with which Ripple has entered into an agreement recently.
The maximum price which has been achieved XRP at the moment is 3.8 US dollars. However, since then, the price has fallen almost three times and currently fluctuates around the dollar.