$XRP Preparing for a Major Breakout to $3
Popular crypto expert Zach Rector speculated that XRP will soon make another attempt toward hitting the $3 mark.
The forecast comes as XRP struggles to hit the $3 mark. The last time XRP traded above $3 was during the 2017/2018 bull run. It eventually soared to an all-time high (ATH) of $3.84 on January 3, 2018. It has failed to achieve this milestone ever since, with recent attempts ending in futility.
Earlier this month, XRP attempted to clinch the $3 target, as it soared to around $2.86 on December 3.
However, the coin encountered major resistance, pushing its price down to $1.90 a week later. Interestingly, XRP rebounded above the $2 mark, reaching $2.72 yesterday. Following the broader market correction, XRP retraced from this level to its current price of $2.5.
In the meantime, XRP’s trading volume has exploded by 54.25% over the past 24 hours to $19.23 billion. It is currently ranked as the third biggest crypto after usurping Tether (USDT) from the position this week.
