CandleFocus Crypto Analyst Predicts More Upsurge For XRP, Targets $5 in the Initial Phase
2024-12-08
Author: Content Editor
An analyst predicts that XRP will continue to rise after its recent rally, outperforming Ethereum and Bitcoin. The analyst previously accurately predicted XRP's outperformance and expects it to continue rising by another 98%. The analyst's initial target for XRP is over $5. XRP reached a high of $2.91 during the recent surge and could potentially surpass $3 for the first time in over six years. The analyst attributes XRP's renewed bullish momentum to Donald Trump's victory in the U.S. presidential election, which is expected to bring more favorable regulations for cryptocurrencies. Many in the crypto community believe that Ripple, the parent company of XRP, will benefit from these developments. However, readers are advised to exercise caution and this article should not be taken as financial advice.
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