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XRP Rockets 253% in Best Q4 Since 2017
In the early November, the price of XRP was just $0.56, and things were looking even more positive for the third-largest digital asset by market capitalization. But the question remains: will this recent success carry over into the next month, quarter, and year as a whole?
To find an answer to this question, we can take a look at the price history of XRP. According to the data provided by CryptoRank, the first quarter has typically been bearish for XRP, with a median return of -12.4% in January alone. However, over the past five years, the token has seen positive double-digit percentage returns three times, which could suggest that trends may be shifting as the crypto market itself evolves.
It is essential to keep in mind that price history is not an ultimate benchmark for digital assets due to the unpredictable and highly volatile nature of the market. However, given XRP’s extensive 10-year trading history, it can serve as a useful tool to predict or at least gain some insight into what may happen next.
Given the current situation, it seems likely that the performance of XRP in Q4 will be quite successful.
Source: u.today
