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XRP’s chances of reclaiming $1 in the near future depend on these factors
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Unlike many other altcoins, XRP has not been able to mark a new ATH since May. Instead, it has been oscillating between $1.27 and $0.99 for over 4 months now. Add to that, the November dip which resulted in the altcoin losing almost 36% and XRP lost that critical support of $0.99.
But that seems to be changing now with the coin going back up.
For the most of this month, XRP has been consolidating, registering minimal rises. However, since the rally of December 18 began, the altcoin has climbed the charts by 23.61% and is presently trading at $0.98.
XRP price action | Source: TradingView – AMBCrypto
As the rise began a lot of investors’ optimism came back as well. Within 3 days active investors’ numbers jumped by 38.3% to almost reach the same
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