XRP Price Prediction – Will XRP Break the $3 Mark in 2023?
Given the market slowdown, XRP price prediction remains bearish, as it has broken through a symmetrical support level at $0.3735. However, XRP is now trading just below the double-bottom support becoming a resistance level of $0.3565. Will XRP break the $3 mark? Let's find out!
Vitalik Buterin has recently gone on the offensive against Ripple and XRP, focusing on the tokenomics and structure of XRP and making strong charges of centralization.
Earlier this week, he gave an interview with Bankless in which he dismissed suggestions that the company had become more decentralized in the face of criticism.
He said:
“A project in the crypto space needs to have some kind of chain data structure somewhere.”
Concerning the schism yet, he stated the corporation has not apologized for telling the US government that China has control over Ethereum (ETH) and Bitcoin (BTC).
“XRP has not apologized for claiming that Bitcoin and Ethereum are Chinese-controlled.”
XRP is a digital asset, and Ripple is a firm, according to Ripple's CTO David Schwartz, who responded to Buterin's views on Twitter by saying that Buterin "still doesn't comprehend, or is pretending not to understand, that Ripple is a company."
Buterin is one of many who think Ripple Labs' monopoly on the XRP market is a sign of centralization. The Ripple community has attacked Ethereum, claiming that the cryptocurrency's favorable SEC treatment is due to corruption (SEC).
Buterin responded to Ripple's accusations that Ethereum and Bitcoin are Chinese-controlled assets by saying that XRP no longer has security from the digital asset community as a result of such outlandish claims.
As a result, it is exerting bearish pressure on XRP, causing its price to fall.
On the technical front, the
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