Analysts expect XRP price to soar to $0.65 in the next 5 days
The price of XRP, Ripple's native token, has been the subject of much controversy recently. While some analysts are predicting a significant price jump this weekend, others remain cautious due to recent issues with the coin and the ongoing legal battle between Ripple and the SEC.
XRP has been stuck in a low gear, unable to clear the $0.54 resistance level for several weeks. This slowness extends to broader time frames as well, with the coin experiencing declines over the last month, week, and even over the last 24 hours.
At the time of writing, XRP was trading at $0.5185, down 3.8% in the last 24 hours, but has managed to rise a measly 0.4% over the past week, Coingecko data shows.
Coincodex, a well-known cryptocurrency forecasting platform, stands out from the crowd with its optimistic forecast. They predict a significant increase in prices for XRP: by Tuesday, May 21, the coin will potentially reach $0.648. This would represent a jump of over 32% from the current price.
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