Can XRP Ever Hit The Predicted $589 Price Level?

[sirty143]

Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?

XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.

However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here.

To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.

[Pegasus]

“Bitcoin started at $0.00 and it went to $20,000!”

This kind of logic is so laughable. Bitcoin is the king of all coins. That's why its market cap accounts for more than 50% of cryptocurrency's total market cap and it's the value measure for other coins. If this logic held true, then Dogecoin might reach $500 one day.

[kent47400]

LOL 

I will only dance if I see Ripple reaching 583 USD for 1 Ripple.   OMG!
But it's true that cryptocurrency can happen, even though I didn't expect 20,000 USD to be like now at the price.

[cybersoft]

“Bitcoin started at $0.00 and it went to $20,000!”

This kind of logic is so laughable. Bitcoin is the king of all coins. That's why its market cap accounts for more than 50% of cryptocurrency's total market cap and it's the value measure for other coins. If this logic held true, then Dogecoin might reach $500 one day.

Exactly, even if Ripple might reach $589, it is going to be a very long time.
The cryptocurrency market must reach at least $20 Trillion for ripple to achieve that.
For Ripple to be worth around $589 - it must dominate a minimum of 25% of the crypto market when it hits $20 trillion in cap.

[masudginanjar]

-

Yeps !!!

That is the good news from Ripple and I am sure that if the dream comes true then everyone will dance like you want.
Don't worry too much because this is a cryptocurrency that can transform someone's dreams into reality overnight.

[Bitdog]

Ripple is the good altcoin although this is not equal to Bitcoin infact compared with Bitcoin xrp is following very different ways so many people don't like xrp so $589 is not possible.

[Blue4]

I don't know when ripple will hit $589 but definitely one day ripple will go highest price but I don't know which is the last price actually many new  big projects are planning to create like this altcoin.

[damsix]

Can XRP Ever Hit The Predicted $ 589 Price Level?

The statement above is very possible but it all needs a process and supporting factors for the price increase of XRP.
If we compare Bitcoin between Ripples it's very much different, in terms of anonymity also clearly visible difference.
(Only hoping for the end of 2019 1 XRP = 50 USD.)

[Bitdog]

Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?

XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.

However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here.

To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.

Bitcoin and ripple both are different but both are cryptocurrencies.ripple is not decentralized platforms so many governments trying to use ripple not only that lot of big banks are using ripple technology although still ripple maintaining third and fourth market capitalization in cryptomarket so I think $589 is impossible prediction.

[blue]

I think this is not possible in this situation because right now  bitcoin has more than 64% market capitalization in whole cryptomarket cryptomarket moreover ripple price is declining this it dropped from third position so this is just prediction it will not work in cryptomarket.

[trauchot]

Unfortunately, this is not possible with such circulating supply, but I think in the near future Ripple will be able to reach a price of 1$ and possibly more, it all depends on how the manipulators will want to pump the Ripple price.

[Blue4]

Right now ripple price is $0.20 and ripple price is declined at last seven days -1.13% today ripple is stay in fourth place in cryptomarket there is no good sign to pump moreover bitcoin is moving in top resistance so if btc fall definitely ripple price will go down so $589 is impossible .

[Kitme]

Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?

XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.

However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here.

To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.

Bitcoin and ripple both are different currencies different technologies ripple is supporting banks related centralized platforms but BTC is decentralized platforms so XRP is not equal to BTC and all prediction don't work 100% today the price of the ripple is $0.26 this year or next year this coin will cross $1.

[TERMINO]

What I think that makes Ripple difficult to reach $589 is time and system.
The adopted system of xrp is centralized not like Bitcoin goes over decentralized system. It will be hard for xrp to reach $589 if the government is in the back of it who controls and mandate the price.

[hair]

I think it's really hard to get to that price. Ripple price to reach 5-10 $ is more reasonable.