Ripple surges 11%, XRP expected to break $0.6!
Ripple (XRP) has been on a strong momentum recently, soaring more than 11%, and is about to break the $0.6 mark. According to the latest data from CoinMarketCap, XRP is now trading at $0.58, and has soared nearly 10% in the past 24 hours, and trading volume has soared 94%, making it extremely popular!
Ripple also benefited from this, with its market value rising by nearly 10% on Tuesday alone, directly reaching more than $32 billion, firmly occupying the seventh spot in the cryptocurrency market. Now everyone is watching to see how high this rebound can take XRP, especially considering its protracted lawsuit with the U.S. Securities and Exchange Commission (SEC), which is said to be concluded this week.
Speaking of which, Ripple also had a memorable day this week. CEO Brad Garlinghouse tweeted to celebrate the crucial victory in court a year ago, when XRP was deemed not to be a security, which was great news for Ripple.
The lawsuit is almost over, and traders are extremely optimistic. XRP has soared 11%, and everyone is looking forward to it breaking through $0.6 in one fell swoop. Even analysts in the cryptocurrency circle can't sit still, and they have predicted on Twitter (formerly known as X) that XRP will rise sharply, saying that it is one of the strongest waves of this year.
An analyst named Crypto Michael is even more direct, saying that XRP will usher in the "strongest increase of the year" and revealed that he became a millionaire last year by relying on this coin. Another analyst Mikybull Crypto also agrees that he thinks the current trend of XRP is a bit like the big rise in 2017, and mysteriously said that "something big is going to happen", which sounds like Ripple and the entire cryptocurrency world are about to change.
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