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XRP $100-$500 4-7 MOS. SHORT TERM
Shannon Thorp, a renowned Wells Fargo Analyst, recently shared a bold forecast for XRP, the native digital asset of the Ripple network, on Twitter. XRP has been in testing with several middle eastern oil nations and could well be adopted as an alternative trading method for BRICS.
Drawing on her meticulous calculations and considering various factors, Thorp presented a conservative short-term price prediction for XRP, suggesting that its value could range between $100 and $500 in the near short term (the next four to seven months).
To arrive at this prediction, Thorp considered several key variables that could influence XRP’s future, including an analysis of the cryptocurrency’s circulation and adoption by banks, liquidity providers, and governments. By evaluating these aspects, she projected the potential liquidity strength (LS) of XRP, suggesting it could reach trillions of dollars if widely utilized across various financial institutions.
The pundit also took into account the recent ruling in the SEC vs. Ripple lawsuit, the recent FedNow announcement, and the proposed crypto regulation bill currently under Senate consideration, which according to her, are a step in the right direction for XRP and other cryptocurrencies. Additionally, she emphasized the importance of XRP’s application in messaging and settling as crucial in determining its trajectory.
Thorp’s prediction wasn’t solely based on charts and technical analysis; she underscored the significance of considering XRP’s potential utility and widespread adoption. According to Thorp, XRP’s rapid settlement times and low transaction fees make it a promising candidate for cross-border transactions and various other financial applications.
Boring as in sideways movement??? explain please. If it hit doubles, that would be fine by me, but ODL 🏦is where my money will be made, never having to sell a single xrp.🏦🏦🏦
Hoping no one took that flawed short advice @ .48!.......OUCH OUCH!!
and then the big money comes in and makes it boring?
I've been buying into this for almost a year, nice to see her taking off! This baby will be huge IMO. Happy 3%ter
impressive volume again as we head to retest .80s
this applies to crypto as well as stocks....
''The stock market is a device for transferring money from the impatient to the patient''
i took that to bear with btc in '15 and was rewarded in '17 greatly. little did i know that at 200 to 20k, btc was only 1/3 the way to the top of 60k+. retrace rinse repeat...it is heading there again. xrp is in that same lane. xlm perhaps also. with age comes experience and also wisdom. enjoy the ride, wise one.
That would be surreal for me. Not saying it cant or wont happen.
Just cant get my self to see it. lol In denial I guess. Best of luck!
Agree with you there! That's one of the main reasons why I am in. But even waiting has its limits!
Crazy! Don't do drugs! Never powder my nose. But
if I didn't know any better. I say this one is probably more addictive!
Can't get enough.
Next stop .80
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A Digital Asset Built for Global Payments
International payments, especially in emerging markets, require businesses to hold pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources. RippleNet provides an alternative. While any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in seconds—freeing up capital and guaranteeing the most competitive rates available today.
How On-Demand Liquidity Works
RippleNet customers can use XRP to bridge two currencies in three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.
Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space. RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital. This same technology is also leveraged in use cases for micropayments, e-commerce, exchanges and peer-to-peer services. XRP and the XRP Ledger are open-source technology that anyone can build on. To get started, learn more at XRPL.org.
GET TECHNICAL WITH XRP
https://xrpl.org/
BENEFITS OF USING XRP...
FAST - Payments moving across the XRP Ledger settle in 4 seconds.
SCALABLE - XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.
DISTRIBUTE - Open-source technology, built on the principles of blockchain with a growing set of validators.STABLE - XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.3-5 Days
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