Uncertainty is what makes the investment market work. It’s never possible to be completely sure what direction any investment will take over the next month, let alone the coming years. This is particularly true when it comes to cryptocurrencies and other modern investments for which little historical trend data is available. Nevertheless, it is still possible to spot patterns in asset movements and that’s exactly what we’ve done when putting this article together. We’re going to take a closer look at Ripple XRP and what its prospects are over the next one to five years.
The first view
Some speculators have used artificial intelligence-based programs to look at Ripple’s recent performance and make predictions about what’s to come. When this approach is taken, the results don’t look great for Ripple. The currency is expected to be trading at around $1.55 at the end of the year, far below the potential that many investors believe it has. The pattern remains fairly similar for the rest of the year, with Ripple barely moving in the coming years and its value remaining rooted to the floor.
An alternative view
However, some other investors have pointed out that this information does not take account of the partnerships that Ripple XRP has signed in recent years. Ripple has managed to sign deals with major financial institutions and other big players that bring it into totally new territory for a cryptocurrency. The impact of these agreements is impossible to model using the type of AI-based algorithms mentioned above. Instead, investors have to take heed of the information that is available and come to their own conclusions.
There are many potential outcomes for Ripple in the coming years and many of them depend on the cryptocurrency market as a whole. While AI reports such as this can be used as guidance, they should not be totally relied on by any investor.
Source: https://www.youtube.com/watch?v=fP2KJJF-82I – Great Video By Farhan Hussain
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