This XRP (Ripple) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our XRP price analysis and prediction.
One of the crypto assets performing great this year in terms of providing a seamless payment gateway experience is Ripple. Lately, Ripple has launched a new project on its RippleNet called Line of Credit. This project is a beta service that enables Ripple customers to acquire funds easily. Then, they can start financing their cross-border projects using XRP tokens.
Furthermore, Ripple has recently partnered with Lemonway, a payment gateway in Europe for online marketplaces. This partnership is said to improve payment transactions between euro-euro and other currencies supported by Lemonway.
Would these events be good enough to make Ripple a good investment? Should we invest before the year ends or by 2021? Let us find out in this CoinQuora Ripple (XRP) market analysis and price prediction 2021 article.
- Bullish XRP price prediction ranges from $1.88 to $4.67.
- XRP price might also reach $10 soon.
- XRP bearish market price prediction for 2021 is $0.05.
What is XRP (Ripple)?
Ripple is a privately-held fintech firm that offers a global payment solution through its patented payment network called Ripple Network. Moreover, RippleNet is a payment network that is built on top of Ripple’s consensus ledger, called XRP Ledger. More so, Ripple funded the innovation of the open-source XRP Ledger.
Unlike most cryptocurrencies out there that cater to peer-to-peer needs, Ripple was made to combine banks, payment providers, and cryptocurrency exchanges, allowing real-time settlement expeditions and lower transaction fees.
Now that we have an idea about XRP, do you think XRP will be profitable crypto in 2021? Join me and let us see the charts in this XRP price analysis and XRP price prediction.
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