The cryptocurrency Ripple (XRP) emerged as one of the most promising currencies by 2021. Earlier this year, the price of Ripple (XRP) stood at about $ 0.22. A few months ago, the XRP price jumped sharply to its full $ 1.8, on April 16. Now XRP price has printed an ascending parallel channel on the 12-hour chart, confirming accelerated interest. Ripple has reached the upside target given by the governing technical pattern, surging to $1.088. Following the 30% rise seen on August 11, XRP price is currently retracing, testing crucial support levels.
Crypto price estimates can be quite difficult, especially in the case of XRP. XRP has been taking legal issues with the US SEC to court for many years now, and Ripple’s ultimate future hangs in the balance of U.S. court decisions. However, many crypto experts have provided an XRP price forecast. The PrimeXBT website believes that if Ripple wins their case, the XRP price could be as high as $ 20, based on good news and ultimately back to the true $ 3-4 within a few years. Digital Coin Price predicts that Ripple prices could rise to $ 1.46 to $ 1.8 by 2022. Trading Beasts predicts that Ripple prices could rise to $ 1.2 by the end of the year. Wallet Investor predicts that Ripple’s price could reach $ 1.9 a year. However, this all speculation and price estimates should be taken with precautions. Ripple is one of the oldest and most popular cryptocurrencies available right now. As a result, XRP can be bought on any major crypto exchange in the world.