Crypto Analyst Predicts XRP Price Could Rise to $0.9 per Coin!

Bittime - The digital coin XRP is becoming the talk of the town among traders. The price continues to rise, even reaching IDR 10,000 per coin. Many analysts predict the price will continue to skyrocket to IDR 15,000 ($0.9) if it breaks a certain level.

How come? There are several factors that make XRP rise in popularity. First, there are rumors about regulatory changes in the United States that could benefit XRP. Second, the XRP price chart is showing a good pattern, according to crypto expert, Ali Martinez. He said, XRP is again in the strength accumulation phase before exploding upwards.

But, don't get euphoric just yet. There is also a potential price drop. The question is, Ripple, the company behind XRP, will release 1 billion XRP coins worth Rp 101 billion. If there are a lot of coins in circulation, the price can go down.

So, how is it? Stay alert and don't get carried away. Always check information from trusted sources before deciding to invest.

XRP Rises, Target $0.9

Source: Finbold

The digital coin XRP is becoming a favorite in the crypto world. The price continues to creep up, making many people curious. In fact, some dare to guess that the price of XRP could reach IDR 15,000 (around $0.90) before the end of the year.

Ali Martinez, a price chart surgeon aka crypto analyst, saw an interesting pattern in the movement of XRP. According to him, XRP is gathering strength like a spring before shooting upwards. If you can break the level of IDR 14,400 (around $0.90), get ready for the price of XRP to fly.

This isn't just a figment, you know. Some data also confirms this prediction. The number of wallets containing XRP is increasing, this is a sign that investor interest is increasing.

But, remember, behind profits, there are always risks. Ripple, the company behind XRP, will issue 1 billion XRP coins worth IDR 101 billion. This can cause prices to fall if demand does not increase in line with the abundant supply of coins.

So, for those of you who are interested in XRP, don't be immediately tempted by sweet predictions. Stay calm, study hard, and don't forget to diversify your investments.

Potential Drop in XRP

Although XRP is still on the rise, there are still potential pitfalls. One of them is Ripple's plan to release 1 billion XRP coins. This can cause the price to drop drastically if not offset by increased demand.

Apart from that, the crypto world is full of uncertainty. Government regulations, technological developments and market sentiment can change at any time. So, never invest money that you cannot afford to lose.

In essence, investing in crypto is high risk. It's very important to learn first before diving into it. Don't just join in because of friends or because of FOMO (fear of missing out).

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.