For many people, XRP hold the hope of being the next Bitcoin.
This is an overly optimistic view that I don't see happening in the foreseeable future. Since its inception, it really has stagnated in its over-all growth. For this reason, I don't believe it is a coin that has an appreciable value, as the attached analysis shows. XRP does have trading value though and should be considered for short term profits.
This is an overly optimistic view that I don't see happening in the foreseeable future. Since its inception, it really has stagnated in its over-all growth. For this reason, I don't believe it is a coin that has an appreciable value, as the attached analysis shows. XRP does have trading value though and should be considered for short term profits.
Comment:
Looking at shorter time frames, it becomes more apparent that XRP is not a suitable holding coin, but it is a good trading coin, stuck in a long term range.