Yes your point is right that the Ripple us going like sky rocket...
To where? Moon on mars 
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I think the Ripple going to reach again all time high price before this year end because of loat of good developments happening in ripple and crypto market like ETF, FUD and more good things.
How about if the price goes down to 3K or below? xrp is not a crypto in the first place. It does not make sense for me why people are so excited about xrp 