A market commentator and YouTuber known as "ModernInvest" believes that it would be unusual if the price of XRP, a cryptocurrency, does not reach $20 during this bull season. Despite facing selling pressure earlier this week, the price of XRP has been recovering and is currently trading at $0.5322, showing a 1.45% gain in the last 24 hours. ModernInvest argues that the ongoing bull run of XRP, coupled with factors such as the burning of XRP tokens with each transaction on the network and the launch of Ripple's RLUSD stablecoin, could propel the price of XRP to reach $20. The recently launched Grayscale XRP Trust and the potential introduction of an XRP ETF further support this bullish outlook. ModernInvest believes that the accumulation of XRP by institutional investors, retail investors, and crypto whales also contributes to its potential price growth.



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