Ripple’s price prediction is a positive thing as the token continues to maintain its position on the upside in the crypto world. In the past seven days, the cryptocurrency XRP price prediction 2021 has managed to achieve a growth rate of more than 120.5%, which is a huge increase that will certainly attract the attention of investors.
Currently, Ripple opens its price above the Arnaud Legoux Moving Averages Index for ALMA, which is a good sign. At the time of writing, Ripple is trading as high as $ 0.62.
What is Ripple?
Ripple isn’t the same as XRP. Ripple is a private company building a real-time payment, exchange and remittance network on top of a distributed ledger database, the XRP ledger.
XRP price prediction 2021
This Ripple price prediction wouldn’t be complete without a short forecast on the current year.
XRP, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, XRP can hope for one as well. Bitcoin usually has a cool-off phase after its mega bull runs and that is when the altcoins take over and have a field day with the bulls, often doubling or tripling their price within days.