XRP has become the center of attention as its price surged over 200% in the past month, reaching a peak of nearly $1.70 on November 29. XRP's market capitalization skyrocketed to $96.5 billion, surpassing Binance Coin (BNB) and becoming the fifth largest cryptocurrency, behind Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Solana (SOL).
🔍 Analysts predict that XRP's price could reach $10 - $13 if the upward momentum continues. However, the RSI index at 72 indicates that a short-term correction may occur.
Rumors about the launch of Ripple's stablecoin and Gary Gensler's departure from the position of Chairman of the U.S. SEC are factors that may have fueled this growth. 🚀