Actually due to the weekend and the holiday, it will get a little down, but I think from tuesday 02 jan on it will rise again up to 3$ and be stable for a while.
Idem. Based on what?
Yes Ripple will rise again in the (very near) future, but there is not a single argument to buy ripple now. Can go up, can go down much more.
@kryptoking1, it's the simple law of supply and demand. As we getting more and more of these multimillion-dollar xrp buys the amount of xrp available to buy will diminish. Those individuals will take their coins off of the exchanges thus decreasing the circulating volume. When someone buys 1 billion dollars worth of Ripple and takes it off the exchange the circulating supply decreases by 3 to 5% we have already seen a 900 million and 450 million dollar buy. All that Ripple is sitting in someone's wallet which has decreased the circulating Supply
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Yes Ripple will rise again in the (very near) future, but there is not a single argument to buy ripple now. Can go up, can go down much more.
But Ripple is something that real world is adopting. And yes it will raise very soon very high.