Is XRP a Buy Right Now?
XRP's upside potential might be capped at $4, limiting its appeal for investors.
Overview
For XRP (CRYPTO: XRP) investors, hope springs eternal. While XRP is currently trading at just $1.50, many investors believe it could eventually reach $10, $100, or even $1,000.
If that's the case, then XRP is most certainly a buy. You're getting access to 10x, 100x, or 1,000x upside potential. But just how realistic are those future-looking price targets for XRP?
Details
In more than 14 years of trading, XRP has never traded above $3.84 -- and that was back in January 2018. In crypto terms, that's ancient history.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.