'Hold' XRP, Say Majority of Crypto Analysts: What's The Price Target?
The majority of cryptocurrency analysts from the Finder’s panel have urged investors to ‘hold’ on to their XRP tokens. The advice comes after Ripple’s native token reclaimed the $3 mark after falling to $2.7 last week. Investors who took an entry position to do ‘swing trading’, which Watcher Guru advised last week, have made over 10% profits. Hold On to XRP, Urge Cryptocurrency Experts Source: news.bitcoin Around 53% of the Finder’s panel experts have urged investors to hold on to XRP for the long term. They cited Ripple’s ever-growing partnerships with several banks and fintech firms as the catalyst for its price run. Ruslan Lienkha, Chief of Markets for YouHodler, explained that XRP has great future potential. He added that traders who accumulate now and hold on for the long term could be rewarded immensely. Source: Finder “The token (XRP) shares several characteristics with a security, given its relatively centralized nature and t...