Ripple (XRP) is undoubtedly one of the most successful cryptocurrency tokens to explore as of today. The token has weathered several legal lanes and scenarios to emerge at the top of the market radar. Ripple (XRP) is leaving no stone unturned to rise on top of the market and make its presence known to the entire global circuit. The token is busy exploring the cross-border payment domain, coupled with avenues valuing fast blockchain prowess, honoring XRP as the center of this change. That being said, the token is currently flashing a strong buy call, and here are the two reasons why missing out on XRP may cost you investors big time in the future.

Also Read: How to Buy XRP on Binance.com, Kraken & More: Step-by-Step Guide

Two Reasons Why Missing Out On XRP May Cost You in the Future

1. Analyst’s $23 Price Call

XRP LOGO WITH MONEY
Source: Watcher.Guru

XRP is heading towards a massive $23 price haul, as predicted by notable analyst Egrag Crypto. The expert shared how XRP is slowly moving towards $23 as its macro chart development shows the token closing on a beautiful bullish pennant pattern.

“This is one of my favorite charts, and it is my go-to MACRO chart for navigating #XRP’s next move. The beauty of this chart? It locates cycle bottoms, mid-cycle tops, and cycle tops. Cycle 1 (2013): A clear cycle top followed by a mid-cycle top. Cycle 2: Mid-cycle top, then the formation of the most bullish setup, touching the blue ribbon and confirming the cycle top. 🎯. Alert: In 2021, #XRP showed a mid-cycle top; I don’t consider it a separate cycle. 🚧. Cycle 3: #XRP touched the upper green ribbon and formed a mid-cycle top, producing an incredible bullish pattern: The Bullish Pennant. 🏴‍☠️🚀”

As the token moves towards embracing better highs, buying XRP now could deliver fruitful results in the future.

2. Essential Use Cases: Why Should One Buy XRP

XRP Ledger Developers Propose New XRPL Standard to Improve Interoperability
Source: Binance Academy

Ripple (XRP) is different from most other crypto tokens out in the market. XRP has multiple use cases, especially in the domain of cross-border payment. The token is adept at serving as a bridge asset, all while providing quick liquidity provisions. That being said, the token is also part of the growing ETF race, which, once approved, can bring a new price momentum for XRP to leverage and bank on.

Also Read: Viral XRP ‘Patent’ Just Trademark As SWIFT Tests $200T Move