RATE Group | Why Prominent Crypto Analyst Believes XRP’s Trajectory is Positive
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Why Prominent Crypto Analyst Believes XRP’s Trajectory is Positive

01 Jan Why Prominent Crypto Analyst Believes XRP’s Trajectory is Positive

Posted at 10:50h in Cryptocurrency News by

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XRP hasn’t done too well in the past 12 months, plunging by 47% since Jan. 1st, 2019. For some perspective, Bitcoin has gained a jaw-dropping 90%, surging on the back of a confluence of factors, which includes a capital flow from altcoins to the market leader BTC.

Although some are sure that the Bitcoin-centric trend in the cryptocurrency markets will continue due to institutional involvement and market cycles, a prominent analyst has suggested that XRP’s long-term trajectory is positive for a number of reasons.

Related Reading: Ethereum, XRP, and BCH: Why Traders are Optimistic on Altcoin Market

Why XRP Has Positive Path

Mati Greenspan, the former senior analyst at financial asset exchange eToro and current founder of Quantum Economics, recently began outlining a number of reasons why he’s bullish on XRP in the long run.

The prominent…

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