XRP has experienced a surge of over 300% in the past month and its social dominance has nearly doubled in the past 24 hours, indicating increased discussion and interest in the asset. The sentiment around XRP remains largely neutral, which could be positive for its price. This surge in social dominance coincides with the approval of Ripple's RLUSD stablecoin by the New York Department of Financial Services, which is expected to provide liquidity and a boost to XRP's price. Analysts have varying opinions on XRP's future price, with some predicting a breakout above $3 and others expecting a surge to $20. However, some traders advise taking profits as the asset has formed a lower high on the daily candle chart.
- Content Editor ( thecryptobasic.com )
- 2024-12-11
XRP Soars 300% in 30 Days, but This Indicator Shows XRP About to Make Another Move