The crypto market participants are anticipating the impact of Ripple’s RLUSD stablecoin launch on XRP price. Some speculate that this could push XRP to $2, others suggest $1 is a reasonable target.
Let’s explore how high XRP price might go post Ripple’s stablecoin goes live.
Can XRP Price Hit $2 Post Ripple’s RLUSD Launch
Ripple’s recent announcement of the RLUSD stablecoin partners has sparked interest among investors and are already speculating that this launch could impact XRP price. Just like the SEC vs. Ripple lawsuit triggered a massive volatile move to the upside, the launch of RLUSD stablecoin will most likely have a similar effect on XRP.
Technical outlook forecasts what investors are expecting, XRP price to target $1 in the short-term. Over the longterm, $2 might be possible, but depends mostly on how XRP fits into the bigger picture and its importance in the stablecoin ecosystem.
When Is Ripple’s RLUSD Stablecoin launching?
According to recent developments, Rippl
We współpracy z: https://coingape.com/markets/will-xrp-price-touch-2-post-ripple-stablecoin-launch/
