XRP Rallies To $3: Will It Climb Above $5 Next?
Ripple’s XRP touched a daily high of $2.97 on Monday and was on the brink of hitting the $3 mark. It is now hovering around the $2.94 level and is attracting heavy bullish sentiments in the indices. The altcoin is up nearly 5% today with its 24-hour trading volume reaching a whopping $8.2 billion. The trading volume was at 2.4 billion a month ago and has almost tripled in just a month. Source: Coingecko The $3 for XRP was inevitable as investors had taken a call strike option for the leading altcoin. This pushed its price to the $2.90 level and could keep surging in value. Bitcoin hit a new all-time high of $122,838 and is generating massive profits for holders. BTC’s surge is pulling other altcoins up along with it including Ripple’s XRP. Also Read: XRP’s Next Move: Ripple’s New Pattern Suggests $50 in Sight Can XRP Reach $5 Next? Source: craiyon.com For XRP to reach $5, Bitcoin must surge further in value and push the cryptocurrency market further into bullish territ...