Crypto X

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TL;DR
<ul>
 <li>XRP surged to $1.44 with increased network activity signaling growing interest and potential for further gains.</li>
 <li>Analysts predict targets of $2 soon and over $4 by Christmas, driven by bullish momentum.</li>
</ul>
<h2 id="span-data-preserver-spaces-true-a-href-https-cryptopotato-com-wp-content-uploads-2024-11-xrp_cb-65-jpg-data-wpel-link-internal-rel-noopener-noreferrer-nofollow-a-span"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/XRP_CB-65.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a></h2>
<h2 id="xrp-s-resurgence">XRP’s Resurgence</h2>
Ripple’s native token has been flying high recently, with its price jumping to a three-year high of $1.60 on November 23. In the following days, it headed south alongside the broader market correction, but the past 24 hours have been more than successful.
Currently, XRP trades at around $1.44, representing a 10% daily increase. Its market capitalization is well above $80 billion, positioning the asset as the sixth-largest in the entire sector.
<figure id="attachment_372547" aria-describedby="caption-attachment-372547" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-372547" src="https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14.png" alt="XRP Price" width="580" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14.png 1056w, https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14-300x207.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14-1024x706.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14-768x529.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/XRP-Price-14-50x34.png 50w" sizes="(max-width: 580px) 100vw, 580px"></a>
 <figcaption id="caption-attachment-372547" class="wp-caption-text">
 XRP Price, Source: CoinGecko
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The revival coincides with some important XRP-related metrics that have been on the rise recently. For instance, the XRP payments from one account to another <a class="editor-rtfLink" href="https://xrpscan.com/metrics" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">soared</a> above 1.2 million on November 26 (marking an 85% increase on a 24-hour scale). The number of executed transactions on the XRP Ledger (XRPL) has also pumped substantially.&nbsp;
This typically indicates increased activity and utilization of the network. It can also signal a growing interest in XRP, which could be followed by a further price rally of the underlying asset.&nbsp;
Crypto X is full of analysts expecting the bull run to continue in the following months. Dark Defender <a class="editor-rtfLink" href="https://x.com/DefendDark/status/1861711188607775001" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">thinks</a> XRP could spike to $1.63 if it surpasses the $1.44 resistance level.&nbsp;
<blockquote>
 “If we see 3 consecutive candle closes especially on 4-hour frame, then we consider a run towards $2 area! And that would be just the beginning of the beginning,” the trader added.
</blockquote>
Mikybull Crypto also <a class="editor-rtfLink" href="https://x.com/MikybullCrypto/status/1861684780275822691" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">believes </a>the price is headed to $2, while JAVON MARKS <a class="editor-rtfLink" href="https://x.com/JavonTM1/status/1861620764773945575" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">speculated</a> that XRP could reach a staggering $99 if it mirrors its performance in the past.&nbsp;
It is important to note that the token’s market cap needs to skyrocket beyond $5 trillion for this to happen. Currently, the capitalization of the entire sector is less than $3.5 trillion, making the forecast quite challenging (to say the least).
<h2 id="span-data-preserver-spaces-true-new-ath-before-christmas-span">New ATH Before Christmas?</h2>
Other analysts&nbsp;who see a bright future ahead for XRP include the likes of CrediBULL Crypto and Crypto Assets Guy. The former recently suggested that the token’s valuation could&nbsp;head north to $1.60 “as long as BTC doesn’t ruin the party.”&nbsp;
The latter was even more bullish, <a class="editor-rtfLink" href="https://x.com/cryptoassetsguy/status/1860693188844896589" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">envisioning</a> a pump to $2 by the end of November and a new all-time high of over $4 before Christmas. Moreover, they assumed XRP could skyrocket to $10 during the first quarter of 2025.
The post <a href="https://cryptopotato.com/key-ripple-metrics-head-north-is-the-xrp-price-ready-for-another-rally/" rel="noopener noreferrer nofollow">Key Ripple Metrics Head North: Is the XRP Price Ready for Another Rally?</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Key Ripple Metrics Head North: Is the XRP Price Ready for Another Rally?

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