XRP Price Set for $50? Top Analyst Sees Major Gains as Support Holds
Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...
XRP, the cryptocurrency associated with Ripple Labs, is exhibiting signs of a potential bullish breakout as it maintains critical support levels. As of today, XRP is trading at $0.5307, marking around 0.50% increase over the last 24 hours.
The digital asset ranks #7 by market capitalization, boasting a live market cap of $29.89 billion and a 24-hour trading volume of $488.37 million.
With a circulating supply of 56.33 billion XRP coins, investors are closely watching for significant price movements in the near term.
Prominent crypto analyst Amonyx has stirred the market with a bold prediction. In a recent tweet, Amonyx stated:
“#XRP to $50+ is not a fud.
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