Why XRP Might Not Reach $10 Soon
Ripple’s XRP touched a new all-time high of $3.65 in July and reclaimed its previous glory after nearly seven years. It remained above the $3 mark for a month but dipped to the $2.80 to $2.90 price range last week, as CoinGecko revealed. When its price was at the $3.40 range, various headlines ruled the roost, citing its next leg to be $8, $10, and some went a step ahead, saying it could reach $500. Also Read: XRP Price Prediction: Where Will Ripple Be In The Next 10 Years? Source: CoinGecko Bullish predictions come when the markets rally, giving investors immense hope of earning profits more than they’ve imagined. XRP to $10 was the highlight, where traders were made to believe it could skyrocket to the prescribed target. However, it faced corrections after reaching $3.65 due to sell-offs and profit bookings from investors. The markets do not work according to price predictions and charts their own path, defying all estimates. No Chance for XRP to Hit $10 in the Near Term S...