XRP Price Could Double: DonAlt Identifies Critical Resistance at $2.60 Ahead of RLUSD Stablecoin Launch
XRP is currently trading at $2.47, up 2.6% in a day, and has reclaimed the third spot on CoinMarketCap ๐. The launch of Rippleโs RLUSD stablecoin on major exchanges has boosted XRPโs market potential, adding to optimism for greater liquidity and adoption ๐ฐ.
DonAltโs analysis suggests that XRP could double in price if it manages to break through the resistance level at $2.60 ๐ฏ. In the past 24 hours, XRP has been on the rise thanks to increased market interest ahead of the RLUSD launch scheduled for Tuesday ๐๏ธ.
XRP is also benefiting from broader market momentum, especially after Bitcoin hit a new record high ๐ฅ. If XRP manages to break through $2.60, its next target could be $3.00 and even $4.00 in a strong bullish scenario ๐.
With all these developments, XRP seems poised for a significant price increase in the future ๐. So, keep an eye on XRP and don't miss this opportunity!