XRP Price Prediction: XRP Expected To Surge To $6.5 – $7.5 In 2020

The crypto space has been flooded with various predictions, mostly about Bitcoin and a lot of them are pretty bullish.

There have been various assumptions made regarding the price of XRP as well and considering the vast amount of achievements enjoyed by the coin lately; these predictions are also bullish.

A recent achievement was that the crypto exchange Huobi Global has just announced that its contract trading platform Huobi Derivative Market is launching XRP futures contracts today, March 29th.

More XRP listings

AMBCrypto.com has recently reported that Ripple’s token had been listed on Taotao which is a Yahoo-backed Japanese exchange.

The exchange is scheduled for launch in May.

The most important listing that XRP has bagged this year is the Coinbase listing without a doubt although it wasn’t without various problems.

XRP prediction for 2019

Oracle Times just cited a forecast coming from the online crypto magazine Beincrypto, and they detail all the triggers that will lead to an increase in the digital asset’s price.

They noted that back in November 2017, 137 days after the July bottom, the price for XRP was able to reach a high of $0.2.

“By outlining price movements in the future, we arrive at a price of between $0.55 and $0.65 for the end of 2019,’ according to the online magazine.

XRP price forecast for 2020

The online publication also details that in order to find the price at the end of 2020, the days from the August 2018 bottom to the end of 2020 have to be counted.

“We use the 1.27 price ratio found in the first section and measure a 153% increase from the $3 January high. We arrive at a price between $6.5 and $7.5 for the end of 2020,” they conclude their XRP price forecast for 2020.

It has been said more than once that XRP is an undervalued coin and the XRP and Ripple community are waiting to see a well-deserved surge in price.

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