Ripple: Looks bullish and a strong hedge against Bitcoin

in #ripple7 years ago (edited)

Source: Bittrex

I hope you guys are watching the price action of Ripple. The price action looks bullish, this coin has all the great fundamentals (1000 Transactions per minute, much better than Ether, LTC or BTC) and may have a backing with all the banks, however for this to be adopted globally it can't command a really high price.

My target for next year is at 2 Dollars and guess 5 dollars is the peak from a long term perspective.

The counter point is why do we need a fiat crypto if USD is the Fiat anyways. Any thoughts?