Ripple forecast for 2021, what awaits this popular cryptocurrency in the near future

Ripple is one of the cryptocurrencies with the highest capitalization, at the moment the capitalization reaches 27 billion dollars.

At one time, this cryptocurrency was called an alternative to Bitcoin and a price of $1,000 was predicted for 1 Ripple.

A couple of years ago, the asset managed to reach its peak price of more than $3, but after a large sale of most of the coins by one of the creators of Ripple, its price dropped significantly.

For a long time, the coin was trading at around 30 cents per unit, and after the recent rise in price of Bitcoin, it also rapidly went up and reached 70 cents.

Now the price of Ripple is moving in a fairly wide range between 50 and 65 cents per coin, while there is some uncertainty in the market.

What will be the price of Ripple 2021?

At the moment, this is the main question that worries investors trying to make money on cryptocurrency transactions.

Moreover, everyone has their own opinion on this matter. If we talk about my opinion, I am more inclined to a significant drop in the price of Ripple in 2021, and there are several objective reasons for this.

The first is that the cryptocurrency has already exhausted its power reserve and has risen in price to its maximum value, and if Bitcoin starts to roll back, then Ripple will drop to its previous position of 30 cents, and perhaps fall even lower.

The second is the distribution of Spark cryptocurrency to Ripple holders; it seems that the creators of Ripple, which has lost confidence, want to transfer assets to a new virtual currency.

Most analysts assume that the downward trend will begin on December 12, 2020 after the exchange. The third reason is the unhealthy news background around Ripple, which only stimulates the number of sales transactions.

What to do?

I myself have already sold most of the Ripple I have and partially invested in Stellar, and partially in other assets.

Leaving a small reserve, so to speak, just in case, contrary to forecasts, the coin starts to rise in price. In my opinion, you shouldn’t expect anything good from Ripple in 2021, much less invest money in it at the current rate, but that’s just my personal opinion.

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