$XRP Subsequent trend analysis: To break the 3 dollar mark!
XRP Borui has risen from 1.35 on November 27 to a high of 2.87 dollars yesterday. The current market value has exceeded 147.1 billion US dollars! Surpassing SOLana to return to the third largest cryptocurrency in the crypto market value!
In the past week, friends who have held XRP have been awakened by the increase every day, and have been dizzy with the increase! It was not until today that it began to fluctuate sideways!
Speaking of XRP, many friends who have not been in the circle for a long time may not know much about it. This is an old coin, which can be said to be an antique! Binance spot was launched in April 2018! Binance contracts were launched again in January 2020! There was no outstanding performance before!
Until the bull market in 21 years, Lafite went on a volatile downward path after reaching 1.95. The bottom oscillated and washed for more than two years, and I almost forgot about it!
Until the beginning of the big bull market in November 24, xrp was completely free this time! 6 years! After more than 6 years, XRP finally reached a temporary historical high yesterday! You should know that the lowest XRP was only 0.1 US dollars in April 2020! No one expected it to reach this point!
What is the currency circle? This is the currency circle. You can never guess who will take off next! What is its upper limit? No one knows, and I guess the dealer himself can't guess it!
Is there still room for XRP to rise at this point? Is $2.87 its top?
Jinbao doesn't seem to be, for the following reasons:
1. Its transaction payment and remittance properties are special and have real value!
2. The bull market is far from over, and its own heat is still rising!
3. In mid-November, according to official news, Ripple announced that it will launch the US dollar stablecoin Ripple USD (RLUSD). RLUSD is a stablecoin designed for enterprise use cases (such as payments). It focuses on stability, efficiency and transparency, and aims to enhance Ripple's cross-border payment solutions and meet the growing demand for transactions denominated in US dollars. It is reported that the stablecoin may be launched on December 4th!!!
So in the short term, XRP still has room to rise, at least it will break 3 without any problem!
In the long term, even if it pulls back, it will hit a secondary high, so when it pulls back later, you can still find a suitable point to open a position and eat a wave!
Pay attention to Jinbao to share the most suitable entry point for everyone as soon as possible, and share hard goods in the long term!
