CandleFocus Ripple CEO Meets Trump: How XRP’s $3 Surge Hints at a $30 Breakout
2024-12-05
Author: Content Editor
The price of XRP experienced a significant surge from $0.50 to nearly $3 following a meeting between Ripple CEO Brad Garlinghouse and U.S. President-elect Donald Trump. Analysts predict that XRP's potential will continue to grow, with projections suggesting a breakout toward $30. Crypto analyst Steph is Crypto believes that XRP's recent breakout indicates the start of a larger upward trend, and he suggests that the current price level of $2.60 is a good entry point for long-term investors. However, analysts warn of potential pullbacks, with a critical support level at $1.90. Additionally, as Bitcoin dominance declines, XRP's role in the altcoin market is growing, leading to expectations of a rally against Bitcoin.
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