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Calmawater
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Bullish
Will Ripple’s XRP Price Continue to Rise?
Although XRP has recorded a weekly growth of 30% and a monthly growth of 180%, it is currently trading at a price level of around $1.4. This is around 13% lower than its recent high of $1.63. Long-term XRP holders taking profits could be the main reason behind this price drop.
The pro-crypto US government and improving investor sentiment could boost XRP’s price action. Strategic partnerships and efforts for new developments will maintain the current positive market sentiment and could continue its price rise for the next few months. However, if the profit-taking activity continues, it could trigger selling pressure, leading to a fall in XRP.
$XRP
#HOLD💎☑️
Although XRP has recorded a weekly growth of 30% and a monthly growth of 180%, it is currently trading at a price level of around $1.4. This is around 13% lower than its recent high of $1.63. Long-term XRP holders taking profits could be the main reason behind this price drop.
The pro-crypto US government and improving investor sentiment could boost XRP’s price action. Strategic partnerships and efforts for new developments will maintain the current positive market sentiment and could continue its price rise for the next few months. However, if the profit-taking activity continues, it could trigger selling pressure, leading to a fall in XRP.
$XRP
#HOLD💎☑️
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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