
The crypto market is experiencing a strong and palpable resemblance to the vibes of the 2020 crypto bull market, and this could have significant implications for Ripple’s native cryptocurrency, XRP. Over the past few days, the overall sentiment around XRP has been overwhelmingly bullish, as the asset price broke its 5-month price range, currently trading above $3.
The recent rally in XRP has seen the coin reclaim its spot among the top crypto assets by market capitalization, with many experts hinting at a potentially record-breaking run for the cryptocurrency. Some experts have gone as far as predicting a four-fold increase in the asset’s value, with some suggesting that it could reach prices of $12 or higher.
The current XRP price action has sparked excitement among investors and traders alike, as it provides an opportunity to buy XRP at a discounted rate before the potential breakout above the $4 mark.
Source: usethebitcoin.com