XRP price to $4 next? ‘Most profitable phase’ likely here, says analyst
XRP price is up today amid a marketwide recovery, but traders say key support levels must hold to reach new all-time highs.
Whales continue to accumulate XRP, creating a steady tailwind for price.
XRP price must hold a key support level to continue climbing toward $4, analysts say.
XRP
$3.11
price displayed strength on Monday, rising 2% over the last 24 hours after traders adjusted to last week’s sell-off, coinciding with a 50 billion XRP sale by Ripple co-founder Chris Larsen.
XRP price remains above $3 at the time of writing, and analysts are watching several key support levels that must hold for the uptrend to continue.
