Altcoins News

Story: XRP and Ripple Do Not Seem To Be Bothered About Haters and Nay Sayers Furthering 2020

By Dan Saada

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XRP Price Potentially Can Touch $0.473

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Shocking Prediction

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XRP not Cryptocurrency in the True Sense

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The digital space broke support past the $0.1880 versus the USD. XRP is now trading somewhere near $0.1840, and it might correct higher.

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Investors want 2020 to be better for them in terms of XRP.  Magi, an analyst, stated that XRP is printing something that seems like a bear flag breakdown.

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Yet another analyst opines that the current price action is similar to the bottoming pattern seen in December 2015 to January 2016.

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There was a shocking prediction from Ripple CEO for 2020. Despite what has to say, practical ideologies suggest that major Altcoins will continue to survive.

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Brad Garlinghouse, stated, “I think you’re going to continue to see consolidation. The world doesn’t need 3000+ cryptocurrencies out there, and I think the utility will bear out…

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The long-term predictions for XRP are not rosy. Predictions are a different thing.  Predictions get based on a bit on people's perceptions and past trends.

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When talking about Ripple based XRP, several analysts opine that it is not a cryptocurrency in the real sense because it is permissioned and centralized.

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So, why is XRP around for?  No stake in company profits. Not Equity Shares.  Some blames like the Ripple team manipulating the prices is as well doing the rounds.

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Ripple and XRP though, do not seem to be bothered about haters and naysayers.

The Currency Analytics

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