XRP Network Activity Jumped by 67.50% as Bull Signals Suggest a Bullish Wave Leading to a Pump of Over 3.84X
- XRP network activity jumped by 67.50% showing growing Ripple adoption.
- This paired with the many XRP price chart bull signals suggest a pump of over 3.84x.
- Analyst notices more bull signals on lower time frames marking another major bullish wave.
Ripple’s XRP is proving to be one of the most bullish altcoins this bull cycle as analysts await significant price pumps leading to new ATH prices. In a sign of support, the XRP network is growing more and more popular by the day. To highlight, the XRP network activity jumped by 67.50% with active addresses rising from 27,352 to 40,366, as bull signals suggest a bullish wave leading to a pump of over 3.84x .
XRP Network Activity Jumped by 67.50 %
Ripple’s XRP happens to be one of the most bullish altcoins this bull cycle. In the eyes of many popular and reputed analysts, the XRP could likely be one of the best-performing altcoins this bull cycle. The cycle top price expectation for XRP during altseason peak has gone from price predictions of $5 to $27 to $99. Only time will tell how far XRP will pump in the altseason phase of this bull cycle.
This high explosive pump analysts are expecting for Ripple’s XRP has to do with the fact that XRP missed the last bull run due to its battle with the SEC. Now, after 7 years, XRP has walked away victoriously from the SEC and has since pumped twice giving long-term XRP holders the well-deserved pump they’ve been waiting for. Despite this, XRP is yet to hit its precious ATH price and is thus still expected to pump soon.
Showing impressive capabilities itself, the XRP Ledger has been growing more and more popular, inviting new users and developers across the globe. Ripple has also announced many bullish partnerships which also adds to its bullish potential. This most recent bullish indicator comes from the XRP network, where XRP network activity jumped 67.50% and saw a rise in native network addresses from 27,352 to 40,366.
According to CoinMarketCap analytics, the price of Ripple’s XRP is currently at $2.10, up by almost 300% in the last year, and down by almost 13% in the last month. It presently boasts a total market cap of $122,672,383,045.87 and a 24-hour trading volume of $2,428,523,716.97. Xrp set its last ATH 7 years ago in Jan 2018 at $3.84. Now, if XRP is expected to surpass this ATH and perhaps even go on to hit a double-digit ATH price, then it must show incredible strength and the many bullish indicators across its price charts so far all support an explosive price pump this altseason.
The latest pump expectation from Ripple’s XRP is as the analyst mentions in the post above. Here, the analyst mentions that it is only a matter of time for XRP to pump and this analyst believes that XRP is prepared to make a 3.84x pump, or even higher. To highlight, he thats that XRP bull signals are appearing on lower time frames meaning that another bullish wave up looks to be in the works.
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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