How long will the rise in XRP prices last?
The surge in XRP prices is the only driving force behind the rise in the cryptocurrency market, having increased another 12.25% in the past 24 hours to $2.73. Consequently, the altcoin's weekly increase has exceeded 90%, and its monthly increase has surpassed 440%. The next question on investors' minds is whether this price increase can be sustained.
How long will the rise in XRP prices last?
This month, the price has risen 440%, marking the longest period of price increases for XRP in nearly eight years. Renowned market analyst Income Sharks noted that the current uptrend has lasted for 4 weeks and 2 days, with growing optimism that XRP may maintain this bullish trend for a fifth consecutive week. 'Maybe this time we can hold for 5 weeks before we see a red candle,' the analyst commented.