Analyze Ripple (XRP)
XRP has performed exceptionally well over the past year. The years 2024 and 2025 will be recorded as the best two years for this altcoin.
In the past 12 months, this altcoin has surged by 389%. Earlier this year, the asset peaked at $3.39. Despite the significant increase, the asset has failed to return to its historical high of $3.84. The market remains quite optimistic, anticipating a substantial rise for the asset far above its peak.
How much has XRP increased this month?
In the past month, this altcoin has risen by 14.63%. The asset's trading price dipped to $2.04, then skyrocketed to a peak of $2.65. Over the past week, XRP has also experienced a tumultuous period, with its price soaring by 12.40%. Currently, XRP's trading price is $2.35, having dropped 5.16% in the last 24 hours. Sadly, XRP's trading price is 35% lower than its historical high of $3.84. If XRP's price were to double, its peak would reach $4.90.
Although the market believes XRP could rise to this level within this year, price prediction companies are still urging the market to remain patient.
The future outlook for the fourth-largest cryptocurrency (XRP) is bright. XRP's price is expected to reach a peak of $4.90 in 2026. This increase will occur between October and November.
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