Ripple (XRP) SMASHED my projected possible high of $2.65 and topped-out at $2.85! Ripple finished the day with a WHOPPING gain of ~70% (rising from ~$1.50 at the day's open to ~$2.55 at the day's close).
Ripple ended the day with its market cap hover around $100 BILLION - an UNBELIEVEABLE $30 Billion higher than Ethereum's (ETH) $70 Billion market cap! At its peak, Ripple's market cap broke $110 Billion before quickly dropping back to ~$100 Billion.
In the few days/weeks to come my technical analysis predicts a minor pullback followed by steady to gain. I see Ripple becoming a major contender for the #2 spot (behind Bitcoin) or maybe even the #1 spot on the list of cryptos by market cap!
Ripple definitely has a bright future - which can be seen through its crazy mass adoption in the past few weeks - and is currency which I recommend you keep an eye on. 😉
That's all for this analysis,
Thank you for reading and Steem on!
~Jack
Remember: This is only my analysis, you should always do your own research as well before making any investing decision! This post is not telling you to buy or sell! Trade at your own risk!
