Ripple (XRP) Up to 4000% Increase how & why ? - Price Prediction after Bitcoin Reached $ 4,100

Currently the Ripple Value is down to 0.00004054 BTC, around -14.34% decrease. The market cap is pretty decent 1,554,751 BTC, which really high. Ripple, the third largest coin by market cap of about $7 Billion is most of the time overshadowed by Bitcoin but when it comes to the increment graph in 2017, Bitcoin and Ethereum are far behind Ripple Coin.

Image Credit: The Merkle

Ripple had shown an increment of almost 4000% in 1st half of 2017. if we consider the last 24 hours volume of investment and trading in XRP is 27,264 BTC. The factor may involving the Ripple price down is the total market supply 99,994,515,438 XRP and Maximum supply 100,000,000,000 XRP in contrast very high.

Image Credit: Coinmarketcap

If you know the demad and supply theory of economics, demand increase the supply will also increase and the price goes up, currenty the Ripple demand is decreasing because of the rise up of bitcoin after Segwit 2x - is all time high. So majority of short term investor pull out their amount and invested in Bitcoin.

Image Credit: Coinmarketcap

Let's take a look of Chart the all time low in past 24 hours is 1,374 BTC and high 23,000 BTC. In next couple of week there is so much chances the price will go up again. After the Ripple price stable at $ 0.165 if we analyzing the pending orders volume, the sell orders exceed the number of purchase orders. XRP has serious resistance before $ 0.173.  So there is no trend of upward until next 72 hours.

Before investment one thing must be noted that Ripple is centeralized coin which associated with Blockchain technology, There are some Pros & Cons. The majority stake holders of Ripple coin are Banks the 70% of XRP owned by banks and the rest 30% are investors like us. There's a total of 100 billion XRP in existence, each priced at about 26 cents. The $26 billion of total value is second among cryptocurrencies, behind bitcoin, which is valued at $41 billion. Ripple owns about 61 percent or $16 billion worth of XRP.Banks have a huge control over the price of XRP they can make up and down in Ripple price.

On the other hand if we consider the bitcoin price after fork and segwit 2x activation is consistently increasing trend, whatever the price of bitcoin it will make such impact on altcoins either directly or indirectly. Now you may argue that when the time before hard fork bitcoin cash arrival the btc price goes down to $ 1,800 but on that particular time there is no impact on ripple and litecoin. Why ? Because the rest of many altcoins are decentralized and XRP & LTC both centralized. As earlier I mentioned that the majority stake holders are Banks they consider their own benefit. bank never want any losses on ripple so as an investor its your advantage to invest in ripple, side by side you also get some profit.

So we may asume that the price of ripple will increased in a future because some more also put their investment in ripple like Axis bank, declare that they will be using ripple blockchain for their international transactions. The most important factor is the technology of ripple they had highly advance technology then bitcon and the rest of altcoins.

Fastest settlement time of any blockchain-like technology Can sustain 1000 fully settled transactions per second, more than any other published benchmarks for blockchain. now the point may arise about the investment on ripple coin. It is only coin which shows 4,000% increase in Just 7 months of 2017. After the end of this year there are so much probability of increament of Ripple (XRP) - Price to $ 2.00 per coin. The prediction price of ripple in January 2018 is & 1.00 per coin, if you are long term investor hold ripple until January 2018.

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