Ripple Cryptocurrency | Ripple price prediction 2019 | Can XRP/Ripple reach $5 by the end year | Ripple News - BlockchainVsCrypto - Get Early Access for Success

Monday, November 26, 2018

Ripple Cryptocurrency | Ripple price prediction 2019 | Can XRP/Ripple reach $5 by the end year | Ripple News

Ripple Cryptocurrency | Ripple price prediction 2019 | Can XRP/Ripple reach $5 by the end year | Ripple News |

Ripple image
 Ripple image
Ripple (XRP) is now the second largest cryptocurrency in the market with a market cap of $14.30 billion, Ripple community were extremely excited about the release of the Codius smart contract platform. This platform released Stefan Thomas which is former CTO at Ripple XRP foundation. Now the Ripple community is very much excited that coin will hit the $5 very easily by the end of 2018.  If you saw past four to five years Bitcoin and other altcoins were increasing significantly in November-December and January of every year except 2014, Analysts have analyzed that every time Bitcoin’s value increases, the Altcoins also follow to bitcoin. Similar to XRP, Ripple has been struggling in 2018, since its All time high $3.62 in January 2018. 

Now, Ripple has been attracting a lot of people in the cryptocurrency world by daily updating their announcement and partnership with banks and institutions. Everyone knows that ripple is centralized cross-border payment platform which uses blockchain technology, Which is different from other cryptocurrencies, it is regulated and facilitates by a centralized authority to fund transfer for banks. Ripple team i is made up with high-quality persons which have great experience in Blockchain and cryptomarket. Currently, Ripple is listed on more than 25 exchanges. In the first half of 2017 ripple give almost 4000% returns.  Today, the market capitalization is more than $120 billion and Ripple cap is around $14 billion.

Why XRP Ripple will achieve 5$ in 2018?
The Partnership can Increase the price: The partnership will highly increase the price of XRP since the xRapid launch of XRP mainly draw the attention key point for a financial institution to invest in a ripple. The J.P Morgan Treasury Department also claimed that Ripple is a real-time payment system, which will bring increase “ripple benefits” to their customers. XRP Ripple technology is acknowledged mainly to improve banking payment system across cross-border payment and the company has lots of adoption of its recent xCurrent platform by over a few hundred banks. This is said by managing director. of J.P Morgan firm, Ripple is a new payment system in the US with the intention of simplifying processes from starting transactions down to reconciliation. Now XRP’s xRapid will launch in next month of Dec. 2018.  Now XRP inventions have been acknowledged to be bank friendly. the chances of J.P Morgan striking a deal with XRP in upcoming months. Due to this high probability of XRP that Ripple will touch 5$ mark at end of 2018 with high volume.

XRP CEO Brad Garlinghouse in December 2017 said that recognized presence of 15 executives of J.P Morgan in a conference he organized concerning the XRP’s inventions. After that, the price of XRP was more than the $1 in the first movement. Since then, XRP investors and the media have become abashed about a probability or hypothetical potential collaboration between XRP and J.P Morgan. J.P Morgan ready for a partnership with ripple XRP?: In a press release a week ago, an insider’s positive information that the intention of both firms of meet up soon. Both firms ready to tie up a partnership with each other.

Bitcoin ETF news: From last few months Bitcoin’s ETFs have been in the headlines. If ETF gets approved then I think the first choice of investor is Ripple cryptocurrency due to recent news and partnerships.

The ability of Ripple is 1500 transactions per second, which is far away as compared to Bitcoin. Bitcoins process 7 transactions per second. Ripple technology is ultimately powerful to handle international payment systems by reducing the cost and allow the user to instant transfers.

It is expected that ripple act as a liquidity solution for the cross-border payments or transactions. Ripple is working with financial institutions all around the world. Ripple aims to the easier whole financial sector by making instant payment transactions with minute costs. It uses blockchain technology for fund transfer.  Banks can use XRP to settle multi-currency transactions. Currently, SWIFT code facilitates used by most of the banks in international payment transfers. Whenever we make any cross-border transaction, we need SWIFT code of the bank. A swift code has more than 10,000 financial institutions and 200 countries on its network. Ripple is working with many banks to incorporate its blockchain technology in a payment system. Next alternative of swift code is ripple XRP token in blockchain technology. so it is hard to achieve those target for ripple but if they achieve it will tremendously change the financial system.

Yoshitaka Kitao, which is CEO of the company, has been bullish on ripple by $10 Ripple price at end of 2018. He continuously active on Twitter regarding an update of the price of ripple. The latest statements of the CEO of Ripple – Brad Garlinghouse, says that a lot of banks will be utilizing the products of Ripple by 2019. this means use case of XRapid will increase in upcoming months for banking transactions. If demand and use case of any product increase ultimately or directly price will be increased.

A large number of banks accept Ripple and implement its technology for their payment infrastructure. It makes Ripple trustful, and investors find XRP to be a comparatively safer bet as compared to other volatile cryptocurrencies. Ripple team, foundation, and development are strong as compared to other projects.

The popularity of Ripple increases in traders and investors with its technology. Only need for few institutions to push up rate and they have faith blockchain technology. Then the price immediately increases with the adoption of technology.

Trading Volume of XRP is closer to BTC and Current situation XRP crossed ETH by volume. Trading volume is expected to increase in 2019. In the long term, XRP will be a most favored crypto asset for an investor, XRP will prove their solidity in their project. 

Thomas Lee’s Prediction:  Tom Lee, which is Managing Partner and Head of Research at Fundstrat Global Advisors, predicted that  Ripple will achieve $10 by the end of 2018 and $24 by 2022. but currently, both XRP and BTC coins struggling to hold their positions. BTC falls to $3500 and XRP falls to $0.22. so lots of people stop their assumption regarding XRP price prediction $5, $10 at the end of 2018.

Should I Invest In Ripple?
XRP as a long-term investment that you would like to hold for years or two years, Ripple seems to be a well-promising investment for a long-term run. If you want to invest in XRP for short-term quick gains within a few months this is not possible at the current stage of the bearish market. But, anything can happen in crypto space. XRP is currently good for day trading in a volatile market with 5 to 10% profit.

Conclusion: Ripple looks like a promising project for long-term investment. With more investors becoming aware of XRP and a growing awareness of its technology, XRP’s prices are expected to rise in 2018. In the first half of 2019, it is predicted to rise up to $5-$10.

Disclaimer: This is not financial or any investment advice to anyone. Please go through your own research before investing in any cryptocurrency.“
       
        Thank You
BlockchainVscrypto


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