Changelly predicts that the cryptocurrency will surpass both the $0.50 and $0.60 levels. The highest price that XRP could trade at is $0.633. The asset will have an average value of around $0.565. However, it also notes that there is a risk that the cryptocurrency will fall as low as $0.497.
Is this the right time to buy XRP?
According to King Karan, creator of The Alpha Husky Club NFT, it would be a huge mistake for anyone to ignore XRP’s potential to be incorporated into the global financial system. However, King Karan did not seem to be putting much emphasis on the altcoin’s price.
King Karan doesn’t care whether XRP has a big recovery in the next two years or not. He is confident in his diversified investments in several cryptocurrencies, saying he will make money no matter when XRP experiences a notable spike.
Compared to other assets on the market, this asset has more real-world use cases. XRP has proven to be useful for international payments. Retail spending on XRP increased by 42% in January. This altcoin was even used to make 7,310 payments to companies in 113 different industries.
This notes that the asset is not completely dependent on market sentiment. As a result, XRP could see a recovery sooner so buying the dip now could prove profitable.
See also: Ripple President: “Launching an XRP ETF Would Be a Reasonable Option”
