How long will the XRP price increase last?
The surge in XRP price is the sole driver of the cryptocurrency market's rise, increasing another 12.25% in the past 24 hours to $2.73. Consequently, the weekly gain for this altcoin has exceeded 90%, with a monthly increase surpassing 440%. The next question on investors' minds is whether this price increase can be sustained.
How long will the XRP price increase last?
This month, it has increased by 440%, marking the longest period of rising XRP prices in nearly eight years. Prominent market analyst Income Sharks noted that the current rally has lasted for 4 weeks and 2 days, with growing optimism that XRP may sustain this bullish trend for a fifth consecutive week. 'Maybe this time we can hold for 5 weeks, then see a red candle,' the analyst commented.