{"id":432629,"date":"2020-07-29T20:00:49","date_gmt":"2020-07-29T20:00:49","guid":{"rendered":"https:\/\/wncen.com\/?p=432629"},"modified":"2020-07-29T22:19:43","modified_gmt":"2020-07-29T22:19:43","slug":"xrp-usd-ripple-crypto-analyst-30-target","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/xrp-usd-ripple-crypto-analyst-30-target\/","title":{"rendered":"Crypto Analyst Pitches a Case For XRP to Hit $30 By End of 2021"},"content":{"rendered":"

XRP<\/a> is a polarizing cryptocurrency asset, perhaps the most across the industry. It has some of the most die-hard believers, while others despise its very existence in the top ten assets by market cap.<\/p>\n

Whatever the stance, a target of $30 per XRP is likely shocking. However, that’s exactly the surprisingly convincing pitch from one crypto analyst that expects that target to be met by the end of 2021.<\/p>\n

Another Ridiculous Ripple Target, Or Is $30 XRP Reasonable?<\/h2>\n
A few weeks ago, Ripple’s performance was so poor, crypto analysts had been comparing its chart to that of livestock manure<\/a>. Now, the altcoin’s chart is looking a lot more bullish, rising over 10% on the week.<\/p>\n
The cryptocurrency even took back the number three rank from stablecoin Tether after the lastest rally in the asset. But still, many targets floating around the crypto market remain laughable, regardless of the community’s opinion of the asset.<\/p>\n
Related Reading | Can Mathematical Targets For Ripple Realistically Reach $26?<\/a><\/strong><\/em><\/p>\n
Targets of $589 per token simply don’t add up, while targets more steeped in mathematics call for $26 for Ripple eventually<\/a>. The lower of the two targets make another crypto analyst’s prediction of $30 per XRP seem more plausible.<\/p>\n
Still, they’ve supplied quite a convincing pitch as to why the asset will reach such valuation by the end of next year.<\/p>\n
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It's no secret that $XRP<\/a> is one of the most talked about Cryptos in the space. It has held a top 3 status in market cap longer than most coins have even existed!<\/p>\n
By the end of 2021 I expect the price of $XRP<\/a> to reach $30 which would be over 100x returns from the current price…<\/p>\n
— Donovan Jolley (D.I.Y Investing) (@vajolleratzii) July 28, 2020<\/a><\/p><\/blockquote>\n