According to legendary chart trader Peter Brandt, technical signals suggest that XRP's price could experience another significant increase, potentially reaching above $2.70. This would represent a 24% increase from the current price. Another XRP watcher predicts that the token could reach an all-time high price of $4, an 82% gain. Throughout 2024, Ripple has made waves with new business partnerships, expansions in Asia-Pacific, and legal victories against the US Securities and Exchange Commission (SEC). Additionally, Grayscale announced the creation of a new XRP trust product, which is expected to deliver 300% gains for investors by the end of the year. XRP has also been racing against BNB and SOL in terms of market capitalization, ranking as the third largest cryptocurrency behind Bitcoin and Ethereum.
- Content Editor ( cryptopotato.com )
- 2024-12-29
Year in Review: Top 8 Ripple (XRP) Developments of 2024