XRP Surges 12%: Is $3 Price Target Next? Analyst Weighs In
Share:
Predictions Markets
See what traders are focused on
- Around 12% increase for XRP in the last 24 hours
- With the current price of $2.74, analysts believe it might hit $3 soon
- The SEC has acknowledged Grayscale’s filing to convert its XRP Trust into a spot ETF, initiating the formal review process.
Lately, there’s been some real excitement around XRP. The cryptocurrency’s price popped over 12% since yesterday, and people are talking.
Naturally, this sparked all kinds of speculations about how high it can go, with the current price standing at $2.74. Ali Martinez, a well-known crypto analyst, shared two interesting posts on X accompanied by charts.
He believes that XRP’s potential for a price surge towards $3 hinges on maintaining a price above the $2.30 level.
Today, he shared a chart, showing that XRP is demonstrating a rebound from its channel’s lower boundary, gaining upward momentum toward the $3 price target which may happen in the near future.
Related: XRP Price “Ready to Roll”? Analyst’s Chart Sparks Debate Over $15 Target
Short-Term & Long-Term XRP Price Predictions
It’s hard to say whether that will be tomorrow, but some analysts believe a more realistic scenario for XRP is to be …
The post XRP Surges 12%: Is $3 Price Target Next? Analyst Weighs In appeared first on Coin Edition.
Read More
Bitcoin, XRP, DOGE Rise as US-Iran Technical Talks to Continue Despite Strikes
