Ripple's XRP has been one of the most closely watched cryptocurrencies in the market. Since the altcoin reached its all-time high of just over $3.00 back at the end of 2017, XRP has been on a bearish path. The digital asset has found 2019 to be particularly difficult with most of its developments seeming to pass unnoticed. One analyst, <a href="https://www.fxstreet.com/cryptocurrencies/news/ripple-price-regression-targets-a-disappointing-0-by-february-says-analyst-201911280225">Alex Kruger has now shown a graph</a> that predicts XRP will hit $0 in 2020.

Alex Kruger has shared a linear regression forecast model. Regressing $XRP against time starting Jan/1/2018 using a linear regression predicts that it will hit $0 by February 2020. This prediction has not been a welcomed one among the XRP community. In their prediction, XRP could well climb back to its ATH by this time.

At the time of writing this, XRP is exchanging for just over $0.25. The third-largest altcoin by market cap is <a href="https://www.cryptoknowmics.com/news/ripples-xrp-hits-a-2yr-low-will-the-reversal-push-it-to-ath">steadily recovering from one of its longest bearish streaks</a>. The road to recovery is expected to take long with key resistances expected to be a struggle for the bulls. Despite this, the XRP community is hoping that the coin can break upwards and end the year strong. Not only will this mean profits but will disqualify Alex Kruger's prediction which is quite troubling for many.

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<h3>Is Alex Kruger's Prediction Accurate?</h3>
Alex Kruger's graph is spot on. However, it fails to capture some very vital aspects. Cryptocurrency price movements are based on several metrics and Alex Kruger's forecast fails to put into account most. One particular one is adoption. XRP has a huge community behind it that should ensure the altcoins does not fall to certain lows. Additionally, 2019 has seen <a href="https://www.cryptoknowmics.com/news/why-are-xrp-holders-pushing-for-ripple-to-stop-xrp-dumping">Ripple grow its development and partnership deals</a>. As we reported just a few days ago, Ripple has just confirmed it has completed the MoneyGram partnership. Such partnerships account for prices as they drive adoption and demand for the coins.

So, though the prediction is theoretically right, it is quite unlikely. XRP bulls will fight to ensure prices are climbing and Ripple will have their back in ensuring demand grows.

Before the end of the year, XRP will be looking to end it on a high. It calls for the bulls to dig deep and provide strong momentum to achieve this. It also means that Ripple needs to provide positive developments that can trigger a market surge in the remaining weeks.

XRP Could Reach $0 By Feb 2020 Based On Its Regression Against Time Says, Alex Kruger

Popular crypto analyst Alex Kruger has made a surprising XRP price prediction. Kruger's forecast shows Ripple's XRP falling to $0 by early next year.

John is an exceptional writer with a liking on technology, finance and the intersection of the two. A firm believer in the transformative potential of cryptocurrencies and the blockchain. When he is not writing, he likes to listen to Nas, Eminem and The Beatles.

XRP Could Reach $0 By Feb 2020 Based On Its Regression Against Time Says, Alex Kruger

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