XRP Reaches $3, Targets New All-Time Highs Around $4 or $5
- XRP surpassed $3 and aims to break its ATH, targeting new highs around $4 or $5.
- Its price rose by more than 11.80% in the past day and has a volume of $44.43B.
- The liquidity map, orderbook liquidity, and indicators suggest that the bull run will continue.
Once again, XRP has shown that it knows no bounds by breaking past the $3 milestone, first time ever since 2018. XRP is currently the most anticipated cryptocurrency, with growing investor interest and strong optimism about its future potential. In the past month alone, XRP has achieved meteoric growth by surpassing BNB, Solana, and Tether and taking the third spot in the crypto leaderboard.
At the time of writing, XRP is trading at a price of $3.07, reflecting an astonishing 11.80% increase in just 24-hours and a surge of 89.4% over the past week. With its current trend, the community expects XRP to break its ATH of $3.84 and create a new ATH of $4 or even $5.
XRP’s massive growth is highlighted by its $156.56B market cap, backed by a 24-hour trading volume of $44.43B, which has increased by 57.49% in the past day. Based on the data from Coinglass, the number of longs is greater than the number of shorts, indicating that the market is still expecting the prices of XRP to rise even further. The Orderbook liquidity delta chart points out that the number of investors bidding to buy XRP is far greater than investors willing(asking) to sell the coin. Furthermore, various technical indicators like CMF, RSI, and MACD suggest that the bull run for XRP is far from reaching the end.
The XRP’s remarkable surge back to $3 is a testament to the coin’s resilience and investor confidence. With the help of a growing market cap, investor support, and bullish technical indicators, XRP is poised for future growth, surpassing its ATH and climbing to new highs.
The post XRP Reaches $3, Targets New All-Time Highs Around $4 or $5 appeared first on Cryptotale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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