XRP Price Surges Amid Bullish Market Signals
- XRP price increased nearly 10%, trading at $2.
- Crypto analyst highlighted a bullish crossover in the XRP/BTC chart involving the 55-week EMA and the 155-week MA.
- The last similar crossover in May 2017 led to a 958% rally in XRP price.
- If Bitcoin reaches $130,000, XRP could potentially hit $22, according to predictions.
- XRP’s one-day volume rose by 3% to $8 billion, with Futures Open Interest exceeding $3 billion.
The recent surge in XRP price is attributed to a bullish market sentiment and technical signals indicating potential growth. Analyst predictions suggest significant gains if Bitcoin achieves new highs, further boosting XRP’s prospects.
Source (2.6)https://coingape.com/analyst-reveals-how-xrp-price-can-hit-22-if-btc-rallies-to-this-level/?rand=24432
