Can XRP price reach $3 this weekend?
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Can XRP price surge 20% and reach $3 this weekend? Will Bitcoin's status over $100,000 drive this short but rapid uptrend? Let's find out.
With Bitcoin hovering around $100,000, altcoins have made a comeback. XRP has broken through a key barrier, hinting at a major uptrend in the next phase. With Ripple as the top gainer in the past 24 hours, investors are wondering if this momentum is enough to push XRP price to $3 this weekend. Will Ripplle succeed in achieving this goal? Or will profit-taking trigger a correction?
Can weekend rally push XRP price to $3?
It is not unnatural or impossible for XRP price to reach $3 this weekend. The surge in bullish momentum has pushed it to be one of the top gainers in the past 24 hours, which could easily push it to the $3 mark. Considering that this target is only 20% away, XRP price could reach $3 this weekend.
In addition to the momentum building, liquidity and trading volume are typically lower on weekends, creating conditions for manipulation, leading to large price swings in either direction. As mentioned earlier, XRP only needs to rise 20% to reach $3, which is not uncommon in the volatile cryptocurrency market. This prospect is achievable if BTC continues to break through $100,000.
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