Price: $0.38791 2.5647%
Market Cap: 56.94B 1.9099%
Volume (24h): 24.47B 0.4%
Dominance: 1.9099%
Price: $0.38791 2.5647%
Market Cap: 56.94B 1.9099%
Volume (24h): 24.47B 0.4%
Dominance: 1.9099% 1.9099%
  • Price: $0.38791 2.5647%
  • Market Cap: 56.94B 1.9099%
  • Volume (24h): 24.47B 0.4%
  • Dominance: 1.9099% 1.9099%
  • Price: $0.38791 2.5647%
Home > Information news > Ripple’s Price Explodes Above $0.7 as XRP Bull Run Takes Off

Ripple’s Price Explodes Above $0.7 as XRP Bull Run Takes Off

Release: 2024/11/13 05:38 Reading: 969

Original author:CryptoPotato_News

Original source:https://coinmarketcap.com/community/articles/6733c405eb95081e9ea3d4ec

XRP Price Soars, Following in Dogecoin's Footsteps

After lagging behind in recent weeks, XRP's price has made a significant recovery. In the past 24 hours, it has risen by approximately 15%, ranking among the top performers in the top 10, second only to Dogecoin.

At the time of writing, XRP is trading above $0.7, a high not seen since March of this year.

Source: TradingView

This surge has brought XRP's total market capitalization to $40 billion. The rally comes alongside Bitcoin's record-breaking high of $90,243.

As reported by CryptoPotato, analysts are now predicting that XRP's price could reach $2 by the end of 2024. Last month, one analyst suggested that significant price action would occur once XRP traded above $0.66, which has now been confirmed.

"We then set an extraordinary level of $0.6649. And underlined with Bold Fonts that this damn level is the strongest of all! And as soon as we see XRP above $0.66, a day, a week, a month, then we will see tremendous moves," said Dark Defender.

Speculation has emerged that Ripple's CEO met with Donald Trump (or a member of his administration) to discuss cryptocurrency regulations, which may have contributed to the recent surge. However, this has not been officially confirmed.

First published on CryptoPotato.

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