CandleFocus Top Analyst Says XRP Will Reach New ATH Sooner Than Expected
2024-11-23
Author: Content Editor
Market watchers believe that XRP is on the cusp of reaching a new all-time high (ATH), much sooner than expected. XRP has experienced a 28% surge, pushing its price to $1.43 and marking a 170% gain in the past two weeks. Analysts predict that XRP will outperform both Bitcoin and Ethereum from its current price levels. While Bitcoin and Ethereum have seen gains of 55% and 21% respectively over the past 90 days, XRP has surged by an impressive 94%. Although XRP is still trading 63% below its ATH, analysts believe its days below the peak are numbered. The XRP/ETH pair has reclaimed and retested a four-year range, with a potential increase of 250%. Looking at the XRP/USD pair, XRP's monthly RSI is anticipated to enter the overbought region for the first time since 2021, signaling strong momentum and a bullish outlook. The next target for XRP is $2, with an aim to achieve a new ATH.
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