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Predictions For 2018

– Looking at the latest developments and increasing interest towards the XRP, by the end of 2018, the Ripple price is expected to cross the $2 barrier at least.

– Trading Volume of XRP is nowhere close to the most popular cryptocurrencies, BTC and ETH. Trading volume is expected to grow in 2018, and a rise in speculative activity on the Ripple cryptocurrency can even raise its prices to $4-$5 mark as well.

– Though the overall price of XRP is expected to witness an upsurge, not all months of 2018 will be the same. A lot of cryptocurrency enthusiasts don’t like the idea of banks or any financial institution or a company regulating the cryptocurrency. In the long run and as long as banks exist, XRP is likely to prove as a solid investment, but its prices can see a downward trend in some of the months.

Should You Invest In Ripple?

If you want to invest in Ripple, XRP as a long-term investment that you would like to hold for years to come, Ripple seems to be a promising investment. A paradigm shift is happening, and we are moving towards digitization of all currency. In the world where money exists in the digital ledger of banks, cryptocurrencies like Ripple have a special place as they are not anti-bank in nature like many other cryptocurrencies. Instead, they are developed to let the banks utilize the evolving blockchain technology.

If you want to invest in XRP for quick gains within a few months to an year, it seems promising. In 2018, it is expected to see a sharp upsurge in prices. It is projected to cross the one dollar mark at the very least.

If you are a day trader, XRP’s trading volume should grow as well. With increased trading activity, fluctuation in prices will be seen as well.

Final Verdict

With a promising financial technology for future and growing network of banks, Ripple’s cryptocurrency looks like a promising long-term investment. With more investors becoming aware of XRP and a growing awareness towards its technology, XRP’s prices are expected to rise in 2018. In the first half of 2017, XRP’s price surged up to 4000%. As the trading volume of this cryptocurrency is nowhere near the most popular cryptocurrencies, BTC and ETH, it is expected to witness at least one-fourth or half the spike as seen in 2017. Therefore, it is predicted to rise above $2-$4 in 2018.