Following Ripple’s partial victory over the SEC, it was ruled XRP does not constitute a security concerning programmatic sales. What is a realistic price prediction following this decision, and what is it based on?
Popular Twitter personality Shannon Thorp was recently asked to give a price prediction for XRP with no time frame or a set idea of circulating supply or the dollar amount it equates to. Thorp has noticed a trend among the XRP followers (the #XRPArmy as they are better known on Twitter) and found the camp to be divided. One side bases their future views and prediction based solely on charts, taking guidance from past price action and trends that Bitcoin – the biggest crypto by market cap, follows to determine short-term price predictions. The other side bases their views on Ripple and XRP’s utility. This camp of XRP supporters is of the opinion that partnerships and the replacement of „antiquated systems” will determine XRP’s price.
People have long asked what will be the
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