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Ripple: How High Will XRP Price Increase in 5 Days?
With Bitcoin recently reaching a new high price, the altcoin market is reacting unusually to this new price surge. Bitcoin is currently at $106,000, opening up a new high for the altcoin market to rely on. In this context, the price of ripple (XRP) has surged and is on the radar. Let's explore how high XRP can rise in the next few days. Ripple price trajectory: What's happening XRP is currently one of the most promising cryptocurrencies on the market. This token is attracting attention and strong speculation mainly due to the launch of RLUSD, along with the upcoming approval of XRP ETF. In addition, Ripple's currency is also a core cryptocurrency for some cryptocurrency analysts, who do not miss anything to predict the next prosperous price point for XRP. According to Egrag Crypto, a famous cryptocurrency analyst, Ripple's currency is currently aiming for a new price of $2.90. In one of his recent posts, the analyst shared how XRP is following a bullish path, including trading tokens within the range of $2.27 to $2.50, then possibly "breaking out upwards".
Token price: Five days from now According to CoinCodex, Ripple could surge and reach a new price of $2.62 on December 21, 2024. "Based on our current XRP price prediction, XRP is projected to increase by 7.48% and reach $2.62 on December 21, 2024. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 80 (Extreme Greed). XRP has recorded 17/30 (57%) green days with a price volatility of 29.92% in the last 30 days. Based on the XRP forecast, now is a good time to buy Ripple."