Right now, it is difficult to make an accurate prediction of where XRP’s price will go in the short-term. While the current bullish action is certainly encouraging, we will need to wait and see how the market responds to the rally before we can get a good idea of where XRP’s price could go.
In the longer-term, it is possible that XRP could reach the $1 mark. If the current bullish momentum continues and the cryptocurrency is able to break through the $0.60 level, then it could potentially hit the $1 mark as well. The level of support and the level of demand for XRP will both be major factors in determining whether the price reaches the $1 mark or not.
As of now, it is too early to make any sort of firm predictions on XRP’s price. Traders and investors should continue to watch market conditions closely to get the best possible insight into how the cryptocurrency might perform in the future.
