XRP Price Prediction: Will ETFs Unlock XRP’s True Potential
- XRP could possibly print a new all-time high as a pro-crypto SEC receives XRP ETF applications.
- The altcoin has printed 513.07% in gains in the past year, outperforming altcoins from 10-125.
- The MACD indicator for XRP could confirm a bearish divergence if the bulls do not take over soon.
XRP has kept its price action above the $3 price level, doing better than the majority of its peers during the market’s latest ups and downs. Interestingly, the possibility of the approval of a spot XRP exchange-traded fund (ETF) could push the digital asset to new highs this year.
XRP Market Data
As of writing, per CoinMarketCap:
- Current Price: $3.16
- 24-Hour Change: +0.69%
- Market Capitalization: $181 billion
- Trading Volume (24 hours): $8.92 billion
- 24-Hour Volume Change: +6.32%
- All-Time High: $3.84 (over seven years ago)
- Percent from ATH: -17.75%
Investors expect XRP to benefit significantly under a potentially pro-crypto US administration, considering the fact that it was created in the United States.
The post XRP Price Prediction: Will ETFs Unlock XRP’s True Potential appeared first on Coin Edition.
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XRP Price Prediction: Will ETFs Unlock XRP’s True Potential
- XRP could possibly print a new all-time high as a pro-crypto SEC receives XRP ETF applications.
- The altcoin has printed 513.07% in gains in the past year, outperforming altcoins from 10-125.
- The MACD indicator for XRP could confirm a bearish divergence if the bulls do not take over soon.
XRP has kept its price action above the $3 price level, doing better than the majority of its peers during the market’s latest ups and downs. Interestingly, the possibility of the approval of a spot XRP exchange-traded fund (ETF) could push the digital asset to new highs this year.
XRP Market Data
As of writing, per CoinMarketCap:
- Current Price: $3.16
- 24-Hour Change: +0.69%
- Market Capitalization: $181 billion
- Trading Volume (24 hours): $8.92 billion
- 24-Hour Volume Change: +6.32%
- All-Time High: $3.84 (over seven years ago)
- Percent from ATH: -17.75%
Investors expect XRP to benefit significantly under a potentially pro-crypto US administration, considering the fact that it was created in the United States.
The post XRP Price Prediction: Will ETFs Unlock XRP’s True Potential appeared first on Coin Edition.
Read More
Ripple Scraps XRP Reports Post-SEC Case, Switches to Flexible Disclosure