Analysts expect XRP to break through to $15 by the end of January
$XRP
Over the past week, the cryptocurrency XRP has risen by more than 9%. This has allowed analysts to forecast further rallies of the altcoin to $15 by the end of the month.
XRP may repeat its bullish scenario recorded in March 2017, experts from CryptoBull wrote on social media. At that time, the token showed significant growth, driven by widespread interest in the asset. Currently, interest in XRP from institutional investors has resumed amid expectations of a decision in the case of the U.S. Securities and Exchange Commission against Ripple. This could lead to a significant surge in the altcoin.
XRP Price Chart
The spot and perpetual markets on Binance also support bullish momentum and generate a large part of the trading volume for XRP. Data on the blockchain shows that 90% of market activity on the cryptocurrency exchange consists of buy orders, which often leads to further price increases.
#Binance
*This is not financial advice; working with cryptocurrency always involves risks, sorry but I have to write this
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