CandleFocus How High Can XRP Go? XRP Price Prediction Amid Whale Accumulation
2024-12-03
Author: Content Editor
In November, XRP experienced an exceptional performance with a 297% rise, outperforming other top cryptocurrencies. The market saw significant growth starting from November 5, potentially due to the expectation of a pro-crypto leadership from Donald Trump after the US election. XRP reached a high of almost $2 by the end of November and there are predictions that it could reach $10 in the future. Jacob Canfield's prediction of $6.60 seems more reasonable as it is backed by Fibonacci extensions and Bitcoin's 2017 comparison. Both retailers and whales are still invested in the XRP market, with new retail investors entering and whale accounts accumulating a significant number of tokens. The XRP market saw a 15.1% rise in the last 24 hours and there is the potential for XRP to close above the $1.99 mark for its highest yearly close in history.
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