A simple analysis of Ripple (XRP) charts reveals a rising potential for this cryptocurrency. While we cannot predict the future with certainty, cyclicity and indicators certainly suggest a significant price increase is on the horizon. The XRP can hit a much higher price point, possibly exceeding $50. 💰
DON'T FORGET, popularity matters too! XRP is currently holding strong at number 6 on CoinMarketCap ...or are The Simpsons's creator fingers in this? 😃
Share your thoughts about Ripple's future! 🤔
(Not Financial Advice)
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Just one last dip (within days) and then I expect a massive XRP bull-run.
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Is it time to be skeptical about XRP's future? What do you think about the development of the Ripple case?
Trade closed: stop reached
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I exchanged all my XRP for ADA. I hope most of us are out of it... good luck to those who stayed.
hmm... ill leave this here: to reach $12 per XRP, the market cap needs to increase to $12 × 55 billion = $660 billion. to reach $50 per XRP, the market cap needs to increase to $50 × 83.33 billion = $4.167 trillion. to reach $100 per XRP, the market cap needs to increase to $100 × 166.67 billion = $16.667 trillion.
Ill remind you whole Crypto market is 2,43 trillion its just a simple math.. do calculations on how much more money must flow in this coin to reach those numbers. Ill be surprised if it will reach 3.1 again.
XRP-Jonny
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@EmilsS3, Ripple is replacing SWIFT.... end of story.
EmilsS3
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@EmilsS3 Correct me if I'm wrong. Otherwise your telling me that all money in world banks will be held not in fiat but XRP?? Banks will operate not with dollars but XRP coins ?
it's like if bank system would tell "Fiat is slow is not cost-effective, we are switching from fiat to crypto"
So do we will need fiat in that case ? I doubt that banks will do something so radical. They're talking about system update based on they're technology.
EmilsS3
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@EmilsS3 In this case market cap of XRP would be equal to world's GDP of over 90 trillion when switch would be made.
That's what you guys think will happen? 🤔
EmilsS3
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@XRP-Jonny "RippleNet was initially broken down into a few different offerings:
xCurrent, which is a bank-focused payment system xRapid liquidity provider through XRP"
They will use only they're system not the Coin, it won't make any direct impact on XRP.
Correct me if I'm wrong. Otherwise your telling me that all money in world banks will be held not in fiat but XRP?? Banks will operate not with dollars but XRP coins ?
it's like if bank system would tell "Fiat is slow is not cost-effective, we are switching from fiat to crypto"
So do we will need fiat in that case ? I doubt that banks will do something so radical. They're talking about system update based on they're technology.
In this case market cap of XRP would be equal to world's GDP of over 90 trillion when switch would be made.
That's what you guys think will happen? 🤔
danieldewoeste
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@EmilsS3, i,m in crypto from 2010 and i collect data from day one i can tell you there is somthing big in xrp it could hit $10 easy also the sec case make me more bulish its all set up when i started in btc 2010 the news said they wil be forbiden soon ,most of os lost allot of coins btc-e and mount gox rippel could be the next big thing is also proud member of world economic forum this could realy go nuts and beats btc as nr 1.i also said doge at 0,001 xrp is on my hold ,there are also so many people who hold to much money our euro or dollar is at the end like wymar republic =0 this could happen any moment
patriq8
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@EmilsS3, It's not a very accurate analogy, because the market cap is not the only thing that determines a coin's price. But okay, it's an interesting point of view.
Ozmosis99
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@EmilsS3, Why does everyone think at the marketcap means that *that much money has been invested* into a coin? Remember, prices move with sales at the margin. Nobody has to buy 5 trillion worth of XRP. Maybe they buy $300 billion at the margins which makes the price move up according to seller limit orders.
uchar1
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@EmilsS3, market cap doesnt have a lot of correlation with the price , Just look at how much BTC , ETFs bought and how much the BTC market cap increased since then
to reach $12 per XRP, the market cap needs to increase to $12 × 55 billion = $660 billion.
to reach $50 per XRP, the market cap needs to increase to $50 × 83.33 billion = $4.167 trillion.
to reach $100 per XRP, the market cap needs to increase to $100 × 166.67 billion = $16.667 trillion.
Ill remind you whole Crypto market is 2,43 trillion
its just a simple math.. do calculations on how much more money must flow in this coin to reach those numbers.
Ill be surprised if it will reach 3.1 again.