Analyst Predicts XRP Price Rally To $7.5 Citing Historical Trend
The post Analyst Predicts XRP Price Rally To $7.5 Citing Historical Trend appeared on BitcoinEthereumNews.com. Key Highlights: XRP price jumped around 1.5% to $2.31, sparking investors’ optimism. A top analyst predicts Ripple price to soar past $7.5. XRP’s market capitalization could reach $1.5 trillion, implying a price of $25. XRP price has continued to stay in the green today and has maintained its brief $2.30 support, indicating a renewed market interest. Amid this, a renowned market expert has highlighted the historical trends for Ripple price and said that the crypto is likely to soar past $7.5 if it follows its previous patterns. This prediction has sparked discussions among investors, especially as he noted that the crypto could surge to as high as $20 this cycle. So, here we explore the current performance of the crypto and see what lies ahead for XRP price. XRP Price Slips but Holds the $2.3 Support Ripple price today has continued to add more than 1% and exchanged hands at $2.31. Its one-day volume has soared around 2% to $3 billion, indicating increasing activity among traders. Notably, the XRP price has traded between the $2.33 and $2.25 range in the last 24 hours. Simultaneously, the CoinGlass data showed that XRP Futures Open Interest rose 5% today to $4.29 billion, marking its highest level in June. XRP Futures Open Interest | Source: CoinGlass This on-chain data also indicates that the investors are regaining their confidence in XRP price. Besides, the recent market developments also hint that the crypto is likely to continue its upward run in the coming days, potentially hitting a new ATH. Amid this, a renowned expert has highlighted the historical performance of the asset. Besides, he also compared the performance’s impact on the market cap of Ripple’s native asset, predicting a massive breakout ahead. Analyst Eyes Ripple Price Rally to $7.5 In a recent X post, market pundit…
The post Analyst Predicts XRP Price Rally To $7.5 Citing Historical Trend appeared on BitcoinEthereumNews.com.
Key Highlights: XRP price jumped around 1.5% to $2.31, sparking investors’ optimism. A top analyst predicts Ripple price to soar past $7.5. XRP’s market capitalization could reach $1.5 trillion, implying a price of $25. XRP price has continued to stay in the green today and has maintained its brief $2.30 support, indicating a renewed market interest. Amid this, a renowned market expert has highlighted the historical trends for Ripple price and said that the crypto is likely to soar past $7.5 if it follows its previous patterns. This prediction has sparked discussions among investors, especially as he noted that the crypto could surge to as high as $20 this cycle. So, here we explore the current performance of the crypto and see what lies ahead for XRP price. XRP Price Slips but Holds the $2.3 Support Ripple price today has continued to add more than 1% and exchanged hands at $2.31. Its one-day volume has soared around 2% to $3 billion, indicating increasing activity among traders. Notably, the XRP price has traded between the $2.33 and $2.25 range in the last 24 hours. Simultaneously, the CoinGlass data showed that XRP Futures Open Interest rose 5% today to $4.29 billion, marking its highest level in June. XRP Futures Open Interest | Source: CoinGlass This on-chain data also indicates that the investors are regaining their confidence in XRP price. Besides, the recent market developments also hint that the crypto is likely to continue its upward run in the coming days, potentially hitting a new ATH. Amid this, a renowned expert has highlighted the historical performance of the asset. Besides, he also compared the performance’s impact on the market cap of Ripple’s native asset, predicting a massive breakout ahead. Analyst Eyes Ripple Price Rally to $7.5 In a recent X post, market pundit…
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