XRP to reach $589, Can XRP move this high

There are some crypto-currency analysts that have said that the price of XRP doesn’t have the potential to move above the $10 level even at its highest point. However, there are also those who are confident in the future of XRP irrespective of its current price. Crypto Bitlord, one of the prominent members of the crypto-currency community, predicted that the price of XRP will move as high as $589 sometime in the future. To support his argument, he said that Bit-coin was once worth $0 and is currently worth more than $5000. He also made reference to the fact that the price of BTC sold almost as high as $20000. So, in his opinion, if BTC could raise this high within less than 10 years, XRP can move from the $0.30 range to the $589 range.

XRP is no longer strongly related to the price of Bit-coin. While this is meant to be a good thing, it also makes the XRP price prediction 2019 difficult. You see if the price of XRP is no longer closely related to the price of Bit-coin, a surge in the price of XRP will not automatically lead to a surge in the price of BTC. Since XRP has been stuck in a descending trend line for a long time and has refused to move above the $0.30 level, some members of the crypto-currency community have started referring to XRP as a stable coin and not a crypto-currency.