CoinMarketCap’s price predictions feature agreed by the crypto community, Ripple’s (XRP) He predicts that it could reach $0.4696 by the end of the month. Here are the details. XRP has made a notable rise this year and managed to push its price above the $0.58 level on March 29. Positive developments in the Ripple-SEC case are thought to have contributed to this rise. However, the sixth largest crypto asset has been in a downtrend in recent weeks.
Despite the current decline, XRP community members are optimistic that the price of the asset will rise by the end of May. According to the price predictions feature of CoinMarketCap, the cryptocurrency community predicts that XRP will reach $0.4696 by the end of May. Participants cast their prediction votes using CoinMarketCap’s ‘Price Predictions’ tool.
This prediction implies that the XRP price will increase by 10% over the current price.
While there is no guarantee that said prediction will come true, it’s worth noting that the XRP price prediction published by social price predictions on Coinmarketcap has had 89% historical accuracy over the past six months.
Other factors, such as any positive news from the lawsuit between Ripple and the SEC, could contribute to the asset taking to the skies in the coming months. Ripple CEO Brad Garlinghouse says the US SEC, which has recently pushed to obtain crypto regulation through sanctions, will lose in the XRP lawsuit. repeated.
You can follow the current price action here.