XRP goes crazy, breaking record after record: Will the prophecy come true?
XRP, which has increased more than 30 percent in the last 24 hours, has surpassed USDT to become the third most valuable cryptocurrency.
$XRP has continued its upward trend since the U.S. presidential election on November 6. The political atmosphere in the U.S. has become the lifeblood of the cryptocurrency market, especially XRP. Donald Trump's Bitcoin plan, as the newly elected 47th president of the United States, and the resignation of #SEC Chairman Gary Gensler have created the foundation for XRP's rise.
It has been said that XRP, having escaped SEC pressure, will be opened to institutional investors with spot ETFs and used as a global payment tool. Speculation has pushed the price of XRP to $2.4.
This popular alternative coin has risen more than 370 percent in the past month. XRP, up 30 percent in the last 24 hours, has reached a market value of $137 billion, leaving #USDT behind.
Investors have begun to claim that The Simpsons' $589 prophecy will come true.
XRP cannot be stopped
#XRP, trading at $1.8 the day before yesterday, has started its first trading day of the week at $2.4. The mentioned increase has set new targets for XRP.
Cryptocurrency analyst Michael van de Poppe made the following statements in his post on X; The fact that XRP just broke the $2 mark indicates many things.
"If an old cryptocurrency like XRP can rise 300 percent in three weeks, imagine what newer cryptocurrencies could do. I want to remind you that the true bull cycle has just begun."
XRP's first target will be $2.45, the peak from December 25, 2017. If this popular altcoin breaks this level, it will test the $2.8 level. If the $2.8 level, the highest since January 8, 2018, is broken, XRP will aim for a new all-time high of $3.4. The last time XRP reached $3.4 was seven years ago.