Where Will XRP Be in 3 Years?
The value of XRP (Ripple) (CRYPTO: XRP) has surged over the past several years thanks to a generally optimistic view of cryptocurrencies, the SEC ending a lawsuit against Ripple Labs, and the prospect that XRP exchange-traded funds (ETFs) will be approved by the government soon.
As a result, XRP is up a staggering 387% over the past three years. But there are signs that not all is well in crypto paradise. XRP has lost ground over the past few months as investors consider the latest economic news showing that job growth is slowing considerably. The rise of cryptocurrency values depend on a significant appetite for risk, which investors tend to lose when the economy slows.
So, let's take a closer look at both the bull and bear cases for XRP to understand where cryptocurrency might be headed over the next three years.
Source Fool.com
