Bullish projection for XRP

Beyond the veteran trader's warning, Ripple Labs' cryptocurrency has enough reasons to sustain a bullish sentiment.

Firstly, because Ripple has just launched RLUSD, its stablecoin that maintains 1:1 parity with the US dollar and operates on the Ethereum network and on the XRP Ledger.

The latter is important because if RLUSD increases the trading volume on the XRP Ledger, there will be a greater demand for XRP for the payment of commissions. In addition to attracting more liquidity to the Ripple ecosystem, it will generate an upward momentum in the asset's price. #Xrp🔥🔥